PI Network Price Surge: Whale Movements and New Buy Feature Spark Bullish Momentum

PI Network's price outlook has gained renewed attention as notable whale activity and a new purchase feature boost market confidence. A single wallet scooped up 331 million PI tokens, reducing supply in informal markets. The network's latest Buy tool in the PI Wallet enables direct purchases via debit cards, potentially drawing retail investors looking for affordable crypto access.

Technical signals point to upward movement, with the MACD showing a bullish crossover and RSI trending higher. Analyst Valdrin Tahiri highlights a key descending channel pattern—a daily close above $0.52 could spark a 75% jump toward $0.85. Traders now speculate about $1 as a year-end target, though continued whale backing and adoption of the new fiat gateway remain critical.

In parallel, DeFi project Remittix has secured $17 million at $0.0842 per token, emerging as a potential high-growth competitor. Pi Network's trading volume skyrocketed 244% to nearly $200 million, reflecting heightened interest in both projects.