Pi Coin Jumps 29% Ahead of Pivotal May 14 Network Announcement
Pi Network’s native token surged 29% to $0.9454 amid growing anticipation for a May 14 ecosystem update. The rally boosted Pi’s market cap to $6.68 billion as trading volume spiked 38% to $486 million, significantly outpacing the broader crypto market’s 1.3% weekly gain.
Market participants are speculating the announcement could reveal mainnet launch details or major ecosystem developments. The token’s 58% weekly gain reflects strong institutional interest in alternative layer-1 solutions as traders position for potential network milestones.
All eyes remain on Pi Network’s upcoming reveal, with the token’s outperformance signaling bullish expectations for transformative protocol news that could reshape its position in the decentralized finance landscape.
