Pi Network's Coin Price Surges 100% to $1, Driven by Ecosystem Update Hype

The Pi Network, a cryptocurrency project, has recently achieved a significant milestone as its coin price crossed the $1 mark. This development has garnered considerable attention and speculation within the cryptocurrency community. The Pi Network is renowned for its user-friendly mining process, which allows users to mine Pi coins directly from their mobile devices. The mining process is straightforward: users download the Pi Network app, sign up and verify their account, enter an invitation code, and begin mining. This accessibility has contributed to the network's growing popularity and user base.

The Pi Network app is the main application for the Pi Network, available on both iOS and Android platforms. Users can sign up, mine Pi, receive updates, participate in community activities, and interact with others daily. To start mining Pi coins, users need to download the Pi Network App from the App Store or Google Play, sign up and verify their account using a phone number or Facebook account, and choose a password. Verification is done through phone or email. An invitation code is required to join the network, as Pi Network operates on an invite-only system. Once joined, users create an earning team with just their inviter on the team. The size of the inviter’s earning team does not impact the user's mining rate, which depends solely on their network, not the inviter's.

Mining sessions last 24 hours, and users need to tap the lightning bolt “⚡” every day to keep earning Pi. After three days of mining, users can boost their rate by adding trusted individuals to their Security Circle, which enhances their network and increases earnings. Inviting friends with a referral code can also grow the network, with more people in the team leading to a higher mining rate. Locking up Pi for a set period or using apps on the Pi Browser or running a Node can add more rewards.

Pi mining relies on a unique system called Proof-of-Engagement, where users show they are active by tapping the mining button daily. This helps keep bots and fake accounts away. Instead of using energy-intensive proof systems, Pi Network builds trust through Security Circles, which help keep the network secure and prevent fraud. When Pi was first launched, its mining rate was high, starting at 3.14 Pi per hour, but it has since dropped as more people joined. As of 2025, the base mining rate for Pi Network is approximately 0.0030 Pi per hour. Before using or transferring Pi, a KYC verification pass is needed, which usually requires a government-issued ID and is similar to the verification process on most crypto exchanges.

The recent price surge of Pi coins has been attributed to several factors. One key development is the mysterious surge in the circulating supply of Pi coins, which ballooned from 7 billion to nearly 12.7 billion tokens overnight. This increase, amounting to around 5 billion tokens, has raised questions and speculation within the community. Some believe it could be a backend update preparing for liquidity needs, potentially tied to upcoming listings or the unlocking of staked tokens post-KYC. Others suggest it might be a glitch, but the data indicates that centralized exchange balances have barely budged, suggesting these new tokens are either locked, unverified, or awaiting deployment.

Another significant factor contributing to the price surge is the anticipation of a major ecosystem update set to be revealed. This announcement has triggered a significant bump in market cap and sent trading volume soaring. Additionally, there have been rumors and community insiders suggesting that a major cryptocurrency exchange is in final negotiations for listing Pi coins. A listing on a major exchange would be a catalytic event for Pi, opening the floodgates to millions of retail traders, deepening liquidity, and lending legitimacy to a token often labeled as "vaporware" by skeptics.

Despite inflation worries and a known token unlock window approaching, the market has brushed off these concerns, focusing instead on the upcoming ecosystem reveal and the symbolic $1 breakout target. The price of Pi coins has been consolidating in a tight range, with a solid support zone established following the volatile launch. This consolidation has allowed Pi to begin establishing a serious upside technical structure, with immediate targeting standing at $0.80, which marks a critical overhead resistance level that has remained unbroken. If Pi can successfully break above the $0.80 level, the next viable historic resting stop is $0.92, a zone where the Pi price stabilized in the immediate aftermath of its launch. This zone set the stage for the run at $3, indicating that a break above $0.80 could potentially lead to further price appreciation. The ongoing upside move has already begun to heat the RSI momentum indicator, which has shifted bearish at 60, although it has not yet topped out, suggesting that some upside remains.