Pi Network Skyrockets: Market Cap Surges Past $2.2B Following Co-Founder’s Singapore Keynote
Pi Network just flipped the script—massive momentum building after co-founder's Singapore appearance sends shockwaves through crypto markets.
Market Cap Breaks $2.2 Billion Barrier
The numbers don't lie—Pi's valuation smashed through the $2.2 billion ceiling as buying pressure intensified across exchanges. Retail investors piled in while institutional money watched from the sidelines, as usual.
Singapore Speech Sparks Rally
Co-founder's keynote in Singapore's financial hub delivered exactly what crypto traders crave—optimistic projections and bold vision statements. The market responded instantly, proving once again that in crypto, good storytelling often outperforms actual fundamentals.
Price Action Heats Up
Trading volumes exploded as Pi Network's token price climbed steadily higher. The classic pattern repeats—influential figure speaks, social media amplifies, FOMO kicks in. Because nothing moves crypto markets like well-timed optimism from project leadership.
Another day, another crypto narrative driving billions in market value. Meanwhile, traditional finance veterans still wonder why fundamentals matter less than viral moments in this brave new digital asset world.
The price of Pi Network’s token, PI, gained nearly 5% in the last 24 hours, trading at $0.2711. The MOVE followed a keynote address in Singapore by co-founder Dr. Chengdiao Fan, who spoke on how blockchain can work alongside artificial intelligence.
Market Update
PI now has a market cap of $2.23 billion. Trading volume grew 43% in one day to $41.61 million. The token moved between $0.2578 and $0.2794 in the same period. Despite this rise, Pi is still down more than 90% from its February 2025 peak of $2.98.
Focus of the Speech
Dr. Fan said AI is reshaping how value is created, but also weakening the role of labor in wealth distribution. She argued that blockchain can act as a fair system for distributing this new value.
She pointed to two main areas of work for Pi:
Dr. Fan also spoke about Pi’s AI Studio, a platform that allows users to create and launch AI-powered applications without advanced coding skills.
Reaction
The speech drew attention from Pi’s large user base and lifted sentiment around the token. The market reacted with higher trading volume and a small price increase. Analysts say that the rise reflects confidence in Pi’s plans, but also warn that long-term growth will depend on whether these tools and platforms achieve real use.
