Pi Price Surge: Can the Coin Hit $2 Soon and $314 in the Long Term?

Pi Coin Rebounds After Sharp Decline, Eyes Breakout Beyond $2

In a dramatic turn of events, the price of Pi Coin saw a sharp decline from its intraday high of $1.20 to as low as $0.911. However, the digital currency is showing signs of recovery, now trading at $0.9471, shifting market sentiment from bearish to cautiously optimistic.

This rebound comes after a period of mounting frustration among Pi Network users, many of whom were concerned about the lack of communication and delays in ecosystem development. Despite these concerns, Pi Coin managed to hold above key support levels, helping to restore investor confidence and fuel speculation about a potential breakout above the psychological $1 mark.

Strategic Partnership Signals Ecosystem Growth

A significant catalyst behind the renewed momentum is the announcement of an official partnership between Pi Network and PiDaoSwap—a decentralised, community-driven governance platform. The partnership aims to enhance transparency and encourage wider participation in the network’s development.

Additionally, internal platforms such as Pi News have also joined the alliance, highlighting a broader movement towards a robust, integrated ecosystem. The collaboration is being interpreted by analysts as a strategic step toward decentralisation, governance reform, and sustainable utility for the Pi token.

According to the PiDaoSwap team, the partnership will help streamline decision-making processes while giving Pioneers—the community of Pi miners—a more active role in shaping the network’s future. These developments have played a pivotal role in reversing sentiment and attracting renewed interest in the Pi token.

Market Indicators Point Toward a $2 Breakout

Another contributing factor to Pi’s recent recovery is the reduction in daily token unlocks. Previously, approximately 13 million Pi tokens were being unlocked each day, increasing market pressure and diluting value. That number has now decreased to just 3.8 million, significantly easing downward pressure and allowing for more stable price movement.

Technical analysts have identified the $0.95 support level as a crucial zone. Maintaining this threshold could provide the foundation for a bullish reversal, with short-term projections suggesting a potential rally to $1.20. Beyond that, a sustained push could challenge resistance levels at $1.50 and $1.80.

A recent price chart published by SL-Trades on TradingView (March 24, 2025) shows a bullish breakout in the PI/USDT trading pair. After months of trading within a descending channel, the pair has surged past key resistance, a move that technical traders often interpret as the beginning of a new bullish cycle.

If this breakout holds, analysts suggest that the Pi token could rally toward $2 in the near term, especially if market conditions remain favourable and investor interest continues to grow.

Analyst Suggests Pi Could Evolve Into Stablecoin Model

Adding to the intrigue, prominent crypto analyst Dr. Altcoin has put forward a long-term vision for the Pi Network. According to him, Pi’s ultimate goal is to evolve into a sophisticated stablecoin tailored for peer-to-peer (P2P) transactions. He explained that the current Pi ecosystem is still in its developmental phase and that the unlocking and burning mechanisms are part of a broader economic simulation.

“The starting price of $1 wasn’t arbitrary,” Dr. Altcoin said. “It was selected to encourage adoption among businesses and institutions. But the real value of Pi, once the network matures, should be far higher.”

With a total supply capped at 100 billion coins, he believes Pi needs to command a significantly higher market price to serve its intended purpose. His projections estimate that a long-term valuation above $10 is feasible, with an optimal price of $314 offering stability and scalability for real-world use cases. He further added that once Pi is fully integrated into centralised exchanges and its circulating supply is reduced, price stabilisation will follow naturally.

Is Pi Network Poised for a Breakout?

With increasing community engagement, strategic partnerships, and improving tokenomics, Pi Network appears to be gearing up for its next phase of growth. Short-term forecasts suggest a potential rally to $1.80, while long-term outlooks remain optimistic, with some even targeting the elusive $314 valuation.

However, analysts caution investors to remain vigilant. As with all cryptocurrency assets, market volatility remains a concern, and investors are advised to monitor both technical indicators and fundamental developments closely.

While Pi Coin’s journey has faced its share of setbacks, the current momentum suggests that the network may finally be finding its stride—setting the stage for what could be one of the more remarkable rebounds in the crypto space this year.

Writer @Ellena

Ellena is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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