Pi Network (PI) Skyrockets 170%, Enters Top 15 Crypto Rankings Ahead of Consensus 2025
Pi Network (PI) has surged nearly 170% in a week, briefly entering the top 15 cryptocurrencies by market capitalization. The token’s price reached $1.66 ahead of founder Nicolas Kokkalis’ keynote at Consensus 2025 on May 14.
Market speculation focuses on an undisclosed protocol update teased on May 8. Traders anticipate a potential breakout above $2 if the announcement meets expectations. This rally marks a dramatic reversal after two months of sideways trading.