Pi Network (PI) has just joined the world’s top 15 cryptocurrencies, marking a major development in its growth. Pi’s market cap as of March 6, 2025, is around $13.62 billion with a circulating supply of 7.044,035,799 PI coins.
Pi Coin’s Market Performance
On CoinMarketCap and Coingecko, Pi Coin’s current ranking is 11th. The coin’s price is currently at $1.93, having appreciated by 1.2% in the last 24 hours. Pi Coin has experienced significant volatility since its listing on the mainnet on February 20, 2025. It started trading at about $1.45 and jumped over 30% in the first hour to trade at $2.10. It even spiked as high as $2.98 on Feb 26.
Despite all this volatility, the asset has settled down below $2, proving that it is as robust in a declining crypto market where most leading cryptocurrencies have been dwindling.
Community Support and Exchange Interest
The cause of the increased popularity of Pi Coin is that it enjoys strong community backing and hype surrounding a possible listing on top exchanges. Recent polls reveal that 86% of participants believe Binance will list Pi Coin in the future. Increased interest from other top exchanges further fuels this rumor, enhancing the coin’s exposure in the market.
Aside from that, Pi Coin outperformed Shiba Inu (SHIB) and Ripple (XRP) socially with over 4 million followers on X (Twitter). The success is proof of the emerging dominance of the project in the crypto space. Nonetheless, Bybit CEO Ben Zhou publicly referred to Pi Coin as a scam, which fueled conflict within the community.
Technical Analysis and Future Outlook
Technical analysis suggests that upon breaking the $1.90 resistance level with significant trading volumes, Pi Coin can lead to a stampede to $10. Market analysts have warned that failure to break through can mean it drops to below $1.54. To be sure of a bull trend, the price needs to remain at or above $1.74 since a good support level must be in place.
This fresh performance shows the strength of Pi Coin, especially when other major cryptocurrencies are having difficulty. Generally, Pi Coin has increased a whopping 1,676.68% after being listed on mainnet, creating a gigantic trend in the crypto market.
