Despite recent turbulence in the Pi Network market and PI Coin value dipping below $1.50, optimism remains high within the community.
With Pi cryptocurrency steadily gaining real-world adoption and the KYC migration process nearing completion, many investors are hopeful that Pi Coin is poised for a strong rebound.
KYC Migration Issues Impact Pi Network Market
The recent plunge in Pi Network Coin price coincided with the final KYC verification deadline on March 14, 2025. Pi miners who failed to complete the KYC process forfeited their tokens, impacting the Pi crypto value and contributing to an 8.5% drop in Pi Network price today.
The above social media post shows the forfeited section being rolled out, with Pioneers losing massive amounts of Pi, including one losing 10K Pi. Source: Pinetworkmember via X
While some view the burning of unverified tokens as a deflationary move that could support the value of Pi Coin in the long run, others believe the handling of the migration to Pi mainnet has caused market uncertainty. According to Pi Network news, users who successfully completed the KYC process are now able to transfer their tokens to their Pi wallet and participate in Pi Network trading.
Pi Coin Price Analysis: Key Support and Resistance Levels
Pi Coin is priced around $1.46, short of the psychologically crucial $1.50 mark. Experts say that continued trade beyond this point is crucial in order to initiate a rally toward $2. Failure to maintain this support would cause it to decline further with key support around $1.20.
Pi Network Coin was trading at around 1.45 at press time. Source: TradingView
The technical signals are giving conflicting messages. Relative Strength Index (RSI) is also at 40, reflecting weak bearish momentum. In addition, Pi Network Coin is forming a symmetrical triangle pattern on the 1-hour chart, reflecting a period of consolidation. With the bulls making efforts, Pi Coin purchase orders will likely push the price towards resistance points of $2 and subsequently $3.
Pi Coin price has fluctuated since launch, but a bullish surge is expected this year. Source: Chad_Sniper on TradingView
However, a breakdown below the lower trendline could result in a sharp sell-off, potentially dragging Pi Coin value to $1.20 or lower.
Speculation on Pi Network Binance Listing Adds to Volatility
One of the primary reasons for Pi crypto price volatility is speculation about a possible Pi Network Binance listing. Although there have been speculations about Pi Coin listing on prominent exchanges such as Binance and Coinbase, there is no confirmation from Pi Network exchange partners.
A Binance listing for Pi Network is speculative and driven by strong support but mixed market sentiments and Binance’s caution. Source: Alva via X
A Pi listing on Binance would be able to formally spark a rally in Pi token price, potentially pushing Pi to USD highs above $2. However, without any such news, market sentiment on Pi Network is doubtful, and a few of the investors have chosen to sell Pi Coin in a bid to limit further losses.
Increasing Adoption and Real-World Use Cases Drive Confidence
Despite the recent dips, Pi cryptocurrency value is picking up steam in the real world. China’s businesses, ranging from eateries to retail stores, are progressively accepting Pi currency as a form of payment. This growing adoption highlights the usability of Pi Network Coin as a decentralized payment system and may sustain long-term Pi Coin market momentum.
Pi Network is booming in China, with Pi-accepting locations rapidly expanding, showing its growing real-world value. Source: Cryptoleakvn via X
Moreover, Pi mining continues to be sought after by new users, and millions are active in the Pi Network ecosystem through the Pi Network wallet. This expanding user base could drive demand for Pi token on future exchanges and contribute to upward price momentum.
Looking Forward: What’s Next for Pi Network Coin?
The future of Pi Coin remains uncertain as the market navigates through KYC migration issues, exchange listing speculation, and growing real-world adoption. If Pi Network price stabilizes above $1.50 and bullish momentum builds, a rally toward $2 is possible. However, further declines could occur if Pi Network to USD value breaks below key support levels.
For now, traders and investors are closely monitoring Pi Network news and waiting for confirmation on major exchange listings like Pi Network Binance. Whether to buy Pi Network Coin or sell Pi Network holdings will depend on market sentiment and upcoming developments within the Pi Network ecosystem.
