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The post Pi Network Price Jumps 5%: Why Token Price Is Up Today? appeared first on Coinpedia Fintech News
“Tap to Earn” Pi network Pi coin has seen a jump of 5% hitting a three-week high price today, while trading volume surged to $65.2 million, up more than 30%. At a time when most cryptocurrencies are struggling to hold ground, Pi is standing out with strong momentum.
What’s driving this rally?
One of the key reasons behind the surge is new exchange support. Valour, a subsidiary of the London Stock Exchange-listed DeFi Technologies, launched eight new crypto-focused ETPs, including a Pi-focused product, Valour Pi (PI) Swedish Krona (SEK) ETP.
In addition, Pi Network secured a listing with Swapfone (BTCC), offering PI/USDS trading pairs on a regulated U.S. platform. Airdrop promotions linked to this listing added further excitement and liquidity.
The bullish sentiment also comes ahead of Pi Network’s long-awaited v23.01 upgrade and mainnet launch, scheduled for September 3, 2025. The update will enhance security, improve network performance, and introduce more open-source elements.
Recently, Pi also announced the release of its Linux Node version, a move welcomed by developers and partners. This step makes the network’s infrastructure more standardized and scalable, adding long-term value to the project.
Another factor pushing Pi higher is its token unlock schedule. Data from PiScan shows that 161.73 million PI tokens will be released into circulation this September. While this may sound large, it’s nearly 50% less than the August unlock, meaning there will be less supply pressure on the market.
This reduction in new supply is seen as a positive trigger for price stability and growth.
As of now, PI coin price is trading around $0.37, after recovering from its August low of $0.32. However, analysts note that the token is still moving within a downward channel but is showing signs of recovery.
The RSI is climbing toward 48.55, signaling growing buying demand. If Pi breaks the resistance level at $0.4120, analysts believe it could extend its rebound further.
Meanwhile, the MACD indicator has avoided a bearish crossover, suggesting a revival in bullish momentum.
The post Pi Network Price Jumps 5%: Why Token Price Is Up Today? appeared first on Coinpedia Fintech News
“Tap to Earn” Pi network Pi coin has seen a jump of 5% hitting a three-week high price today, while trading volume surged to $65.2 million, up more than 30%. At a time when most cryptocurrencies are struggling to hold ground, Pi is standing out with strong momentum.
What’s driving this rally?
One of the key reasons behind the surge is new exchange support. Valour, a subsidiary of the London Stock Exchange-listed DeFi Technologies, launched eight new crypto-focused ETPs, including a Pi-focused product, Valour Pi (PI) Swedish Krona (SEK) ETP.
In addition, Pi Network secured a listing with Swapfone (BTCC), offering PI/USDS trading pairs on a regulated U.S. platform. Airdrop promotions linked to this listing added further excitement and liquidity.
The bullish sentiment also comes ahead of Pi Network’s long-awaited v23.01 upgrade and mainnet launch, scheduled for September 3, 2025. The update will enhance security, improve network performance, and introduce more open-source elements.
Recently, Pi also announced the release of its Linux Node version, a move welcomed by developers and partners. This step makes the network’s infrastructure more standardized and scalable, adding long-term value to the project.
Another factor pushing Pi higher is its token unlock schedule. Data from PiScan shows that 161.73 million PI tokens will be released into circulation this September. While this may sound large, it’s nearly 50% less than the August unlock, meaning there will be less supply pressure on the market.
This reduction in new supply is seen as a positive trigger for price stability and growth.
As of now, PI coin price is trading around $0.37, after recovering from its August low of $0.32. However, analysts note that the token is still moving within a downward channel but is showing signs of recovery.
The RSI is climbing toward 48.55, signaling growing buying demand. If Pi breaks the resistance level at $0.4120, analysts believe it could extend its rebound further.
Meanwhile, the MACD indicator has avoided a bearish crossover, suggesting a revival in bullish momentum.