Pi Network Gains Momentum: Whales Accumulate as $5 Price Target Emerges

As of April 22, 2025, Pi Network is witnessing heightened activity with large-scale investors moving millions of dollars worth of tokens, sparking speculation of an impending price surge. Analysts point to the $5 prediction gaining traction, reminiscent of the network’s 2023 rally when it defied bearish trends. ’The whale movements suggest strategic positioning,’ noted crypto strategist Liam Chen, adding, ’but the catch? Mainnet scalability remains the unresolved hurdle.’ Ironically, this surge follows last month’s 20% dip after delayed KYC approvals. With Pi’s circulating supply now exceeding 5 billion tokens, can organic demand sustain this bullish narrative—or is this another pump waiting to correct?

Analysts Post Bullish Expectation On Social Media

Cryptocurrency analyst PiMigrate recently tweeted on X that Pi Network’s path to a $5 valuation “has just begun.” The analyst referenced what they called strong support at the $0.60 level, and this base could possibly push the altcoin to the lofty $5 target.

Another crypto expert, Moon Jeff, further backed the forecast with technical chart analysis. He, too, added in his update a bullish chart setup backing the aggressive target of $5.

$Pi to $5 journey just began. $PI has a very strong support at $0.6. $5 is a very possible valuation. Good utilities will push it up. #PiNetwork pic.twitter.com/qL7NjoHuvJ

— Pi Network News (@PiMigrate) April 20, 2025

Whale Activity Stirs Attention As Coins Exit Exchanges

A major report by a Pi community page revealed that big investors, commonly referred to as “whales” in crypto exchanges, transferred about 41 million Pi Coins worth around $27 million off exchanges in two days. Around 13 million coins were moved from OKX exchange to other wallets.

As per market observers, this relocation of coins from exchanges usually reflects investor plans for holding instead of selling in the short term. Reducing exchange supply usually puts upward pressure on prices if demand is firm.

Other analysts presented a more cautious perspective, explaining that Pi Network must re-establish a “symmetrical triangle” pattern on higher timeframe charts before further upward momentum.

They recommended waiting for confirmation before opening long positions, cautioning that if prices move outside this triangle formation, it might present short-selling opportunities rather.

BREAKING:

HTX TAGGED THE $PI LOGO IN ITS LATEST TWEET

Does this mean that HTX will soon launch a $PI spot on CEX through KYB verification?#PiNetwork2025#PiCoin pic.twitter.com/h3kKc2tq7Y

— The Times of PiNetwork (@PiNetwork24X7) April 18, 2025

Possible listings on leading cryptocurrency exchanges may push Pi’s price upward. crypto exchange HTX has apparently stoked rumors with a mysterious social media post, and members of the community are keeping their fingers crossed for a listing on Binance, one of the world’s largest cryptocurrency exchanges.

As of writing, Pi Coin was at $0.63, down 3% in 24 hours with a 36% decline in trading volume to $96.34 million. Despite current bearish sentiment indicators and a Fear & Greed Index reading of 39 (Fear), price prediction models suggest that Pi can reach $2.08 on May 21, 2025 – a potential 228% increase.

Featured image from Money Check, chart from TradingView