Pi Coin ($PI) Nears $1 Milestone With 34% Rally Ahead of Key Protocol Announcement
Pi Network’s native token surged 34% in 24 hours, briefly hitting $0.98 as bullish momentum builds toward the critical $1 psychological level. Trading volumes exploded amid speculation about a major protocol upgrade tied to founder Dr. Nicolas Kokkalis’ upcoming keynote at Consensus Summit 2025.
Technical analysis shows immediate resistance at $1.00, with $1.40 as the next upside target. The $0.80 level now serves as strong support. Traders anticipate increased volatility around May 14, 2025, when the Pi Network team promises major announcements coinciding with Kokkalis’ Toronto presentation.