Pi Coin Surges 40% in 24 Hours, Eyes $5 on Binance Buzz

Pi Network price has been defying the bearish trend in the cryptocurrency market, surging by over 40% in the last 24 hours. This impressive rally has brought its total gains since launch to 352%. The price of Pi Coin has reached an all-time high of $2.99, despite the overall fear in the crypto market plummeting to 2022 lows.

The rally in Pi Coin price was triggered by several catalysts, including major exchange listings. These listings have sparked market interest in Pi Coin, with 24-hour trading volumes surpassing $3 billion. The successful Pi Network mainnet launch on February 20, 2025, also contributed to the token's gains, unlocking utility for Pi Coin and driving a 300% rally in less than a week.

Rumors of a Binance listing this week have intensified, with 86% of Binance users voting in favor of listing Pi Coin in a community poll that closes today. Binance listings typically bode well for new tokens, suggesting that Pi Network price may skyrocket past $5 in the coming days.

Analysts believe that Pi Network price could break out towards $5, following past trends where each rally has led to a breakout to the 161.8% Fibonacci level. If buying pressure remains strong and Pi Network price continues to rise, it could break the $3 psychological level and move towards the 161.8% Fibonacci level of $3.69. A continued rally, driven by bullish catalysts like a Binance listing, could trigger a breakout toward the 261.8% Fibonacci level at $4.84, potentially opening the door for a surge to $5. However, if the rally loses steam, Pi Network price could face a pullback, with the next key support resting at the 50% Fib level of $2.40.

Pi Network price has surged by more than 350% since its launch, driven by the successful mainnet launch and the token's listing on major exchanges. Speculation is now rife that Pi Coin could be listed on Binance this week, following the community voting poll results. These bullish triggers and a strong technical outlook on Pi Coin's hourly chart suggest a rally to $5