Pi Coin Roars Back: BitMart Relists as Banxa Onboarding Surge Sparks Rally Hopes

After months of radio silence, Pi Network’s token gets a surprise second wind—BitMart just flipped the ’on’ switch for Pi trading pairs again. Meanwhile, payment processor Banxa reports a flood of new KYC’d accounts, hinting at fresh capital waiting on the sidelines.

Is this the fuel for Pi’s next breakout? The project’s die-hard ’Pioneers’ certainly think so—their Telegram channels are buzzing with moon math and Lambo dreams. But crypto veterans know the drill: exchange listings and user growth don’t always translate to sustainable price action (looking at you, every 2021 altcoin).

One thing’s certain: with IOU prices still swinging wildly and mainnet still in ’coming soon’ purgatory, this is either the mother of all accumulation zones... or another test of crypto’s infinite capacity for hopium.

The price of Pi Coin (PI) has slipped below the key $0.60 level, falling by over 3% in the past 24 hours. On a 30-day timeframe, the token has recorded a -15% decline, making it one of the few major cryptocurrencies trading in the red this month.

While this downward trend has raised concerns among holders, some traders are starting to wonder if this dip could actually be a strategic buying opportunity. Since mid-April, Pi Coin has been trading sideways in a narrow range between $0.59 and $0.67, and with the current price now testing the lower boundary at $0.58, the market could face further downside risks if it breaks below this support.

The big question circulating in the community right now: can Pi Coin climb back to $3?

Despite the recent price pressure, there are a few positive developments stirring excitement among Pi supporters:

• BitMart has officially resumed trading for Pi Coin, bringing back much-needed liquidity to the market.
  
• Banxa, a fiat-to-crypto payment platform, is reportedly creating thousands of new accounts, signaling growing interest in Pi.
  
• HTX (formerly Huobi) is teasing Pi Coin activity on its platform, hinting at possible future support.
  
• And perhaps most notably, Pi Network founder Dr. Nicolas Kokkalis is set to be a keynote speaker at the Consensus Summit in Toronto in May 2025 — a major event for the global crypto industry.
  

According to crypto influencer Dr. Altcoin, these updates could mean one thing for Pi’s price outlook: bullish momentum might be building.

For now, all eyes are on whether Pi Coin can hold its support at $0.58 — or if these positive signals can help spark the next rally.