Pi Network (PI) Price Surges Over 20% in 24 Hours

NEW YORK — The Pi Network (PI) price surged over 20% in the past 24 hours, peaking at $1.74 during intraday trading. Despite being 44% below the all-time high of $2.99 set in February, the recent upward trend has captured the attention of investors.

Pi Network rebounded from a low of $0.61 on February 20 and reached an all-time high of $2.99 on February 26. While the price declined amid broader market corrections, it has recently shown signs of recovery, maintaining its uptrend around the support level of $1.61.

Anticipation Surrounding 'Pi Day'

One of the key drivers behind this surge is the anticipation of 'Pi Day' on March 14. Pi Network considers this date a significant milestone. By March 14, users must migrate PI coins mined on the testnet to the mainnet, with 8 a.m. UTC set as the final migration deadline. This day also marks the sixth anniversary of Pi Network's launch, adding to the community's enthusiasm and expectations.

Binance Listing Speculation

Another factor contributing to the price rise is the potential listing on Binance. Last month, a PI listing poll on Binance showed that 87% of participants favored the listing. Although Binance has yet to make an official announcement, market sentiment suggests a high probability of PI being listed soon.