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Pi Coin Nears $0.60 Breakout – Here’s the Fuel Behind the Rally

Pi Coin Nears $0.60 Breakout – Here’s the Fuel Behind the Rally

Published:
2025-07-23 17:13:00
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Pi Coin’s price is defying gravity—edging dangerously close to the $0.60 threshold. What’s driving the surge? A mix of speculative hype and the crypto crowd’s eternal optimism, no doubt.

Market dynamics at play

Unlike traditional assets that need fundamentals, Pi thrives on viral momentum and FOMO. The usual suspects—exchange listings, influencer shills, and a dash of ‘wen mainnet?’ chatter—are doing the heavy lifting.

Zero-to-hero narrative

From mobile-mining experiment to borderline cult asset, Pi’s rise mirrors crypto’s love for underdog stories. Even Wall Street’s quant jockeys would raise an eyebrow at this trajectory.

Closing thought: If Pi cracks $0.60, it’ll be another ‘I told you so’ moment for crypto maximalists—and another headache for regulators playing whack-a-mole with unbacked digital tokens.

Pi coin (PI) price could break out soon, as technical signals and community news are pointing to a positive direction.

Pi price was trading at around $ 0.00…48 at press time with a 5.08% intra-day decrease. Trading volume was down by 48% to $167.8 million.

However, it is noteworthy that just a day earlier the coin went through a nearly 200% intraday increase in trading volume. Further its price saw a 6.8% jump in that timeframe.

Interest in Pi is likely to grow with wallet upgrades and even possible integration with Binance.

PI Coin Price Surges After Wallet Adds Fiat Buy Button

PI coin price regained bullish traction after the PI Wallet quietly introduced a new direct-buy function.

This update allows users to purchase PI using fiat through third-party services Banxa and Onramper.

The “Buy” button now appears inside some mainnet wallets, giving users access to purchase Pi using credit cards, Google Pay, and Apple Pay.

Source: Woody, X

This new fiat on-ramp marked a major milestone in Pi Network’s push toward mass adoption.

Users no longer need to rely on external exchanges to acquire PI. Instead, they can top up within the wallet interface itself, minimizing friction on new users.

The feature rollout remains selective. Access is currently limited to wallets validated by Banxa, but a global expansion is anticipated.

Community leader Woody Lightyear flagged the update on X, sparking wide discussion among Pioneers.

The update aligned with the larger idea of making the acquisition of crypto as easy as digital banking.

Bulls now see a break above the descending trendline in their sights as trading volume goes above $92 Million. If that level is breached, PI coin price may initiate a reversal toward pre-consolidation highs.

Binance Integration Hints Appear Inside Pi Wallet

Further fueling speculation is the discovery of Binance-related support tabs within the Pi Wallet interface.

The screenshots posted on social media show the mention of Binance Connect Support and Binance P2P Support within the help section of the application.

No formal listing has been verified, but the hints indicate backend work or an initial integration.

Source: PiNewsZone, X

Rumors about Binance getting listed have been circulating before. Notably, this is not the first time, however, the image addition of Binance support tools added weight to this discussion.

If integration occurs, even partial, it could expand liquidity and global reach for Pi Network.

Ecosystem Expands With App Studio and Node Updates

Pi Network continues to scale its Core ecosystem. The Pi App Studio has already seen over 7,900 dApps created since launch.

These applications span both gaming to financial and further enable greater activity within the mainnet.

Recently, Pi released Node v0.5.3, which simplifies setup and improves blockchain explorer integration.

The update increases validator operations and the transparency of the network. By making node participation more accessible, Pi strengthens its decentralization layer.

These updates arrive as Pi integrates Web2 finance tools with Web3 architecture. The wallet upgrade signals a shift toward real-world functionality.

Combining fiat entry points with decentralized apps positions Pi Network for long-term user retention.

The support tools are now extended to developers and validators, and access has been simplified for users. Collectively, these upgrades precondition the buying side to mirror elevated on-chain activity.

Analyst Forecasts Triangle Breakout Above $0.60 For Pi Coin

According to chart analyst Jireon, PI coin price is forming a symmetrical triangle pattern, with the $0.60 level acting as the upper boundary.

His most recent chart indicated increased volumes, contracting price movement, and an RSI that is just above 48.

Pi Network Daily Chart | Source: X

Jireon stated that Pi “won’t stay below $0.60 much longer.” The structure suggested a volatility squeeze that typically resolved in a breakout trend.

Notably, the trendline in March was a long-term resistance that had already been tested and was confirmed to be holding Pi Price in the past.

He projected $0.75 and $0.90 as immediate upside targets if PI coin price confirms breakout volume above $0.60. This adhered to major Fibonacci extensions that were from the April high to the May low.

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