Pi Network Coin Soars 13% to $1.68, but Still 44% Below Peak

Highlights:

• Pi Network Coin surged 13% to $1.68 on March 14, recovering from recent losses.
• Despite the gains, the coin remains 44% below its all-time high of $2.98.
• Bitcoin rebounded to $84,000, while XRP gained 4%, contributing to a broader crypto market recovery.
• The rebound follows a sharp sell-off earlier in the week due to macroeconomic uncertainties and US tariff concerns.
• OKX has announced potential Pi Coin trading, contingent on meeting listing criteria.

Pi Network Coin Jumps 13% Amid Broader Crypto Market Recovery

The Pi Network Coin surged 13% to $1.68 on Thursday, rebounding from recent declines amid a broader crypto market recovery. However, the digital asset remains 44% below its all-time high of $2.98, underscoring continued volatility in the market.

The crypto market witnessed a significant upturn, driven by a strong rebound in Bitcoin (BTC), XRP, Ethereum (ETH), Binance Coin (BNB), and Solana (SOL).

Bitcoin Rebounds to $84,000 After Sharp Decline

The broader cryptocurrency market recovered after suffering a sharp sell-off earlier in the week. Bitcoin surged to $84,000, marking a 2% intraday increase, while XRP rose by 4%. Other major cryptocurrencies, including Ethereum, BNB, and Solana, also saw notable gains.

The earlier sell-off was triggered by:

• Macroeconomic uncertainties impacting global financial markets.
• Investor concerns over US President Donald Trump’s tariff policies, which dragged Bitcoin below $77,000—its lowest level in four months.
• Profit-taking activity after recent crypto rallies.

Shivam Thakral, CEO of BuyUcoin, commented on the market’s resilience, stating:

“Bitcoin has demonstrated resilience, surging over 2% despite market challenges. This comes after a lower-than-expected U.S. CPI report, which typically supports bullish sentiment. However, trade tensions have tempered enthusiasm.”

Impact of Trade Tensions and Inflation Data on Crypto

Edul Patel, CEO of Mudrex, highlighted that Bitcoin remains volatile due to global trade tensions. He noted:

“Bitcoin is trading between $80,000 and $84,000 as trade tensions escalate. While softer CPI data initially drove a rally, the EU’s counter-tariff announcement triggered profit booking. Investors should monitor the US’s response as it could bring further volatility.”

The lower-than-expected U.S. Consumer Price Index (CPI) report helped lift sentiment, as inflationary concerns had been weighing on risk assets like cryptocurrencies. However, ongoing US-EU trade tensions continue to impact investor confidence.

Pi Coin’s Road Ahead—Will the Rally Sustain?

Despite the 13% surge, Pi Network Coin is still significantly below its all-time high of $2.98, reflecting a lack of strong liquidity and exchange listings.

Some market analysts believe that Pi Coin’s future growth depends on:

• Increased adoption among users.
• Greater liquidity from listings on major exchanges.
• Institutional and retail investor interest.
• Regulatory clarity to ensure long-term stability.

OKX Exploring Pi Coin Trading

In a significant development, OKX, a major cryptocurrency exchange, has announced plans to enable Pi Coin trading—provided that:

• Pi Network completes its transition to Open Mainnet.
• The project meets OKX’s listing criteria for liquidity and compliance.

If successful, this could drive greater institutional and retail adoption, potentially boosting Pi Coin’s valuation.

However, without wider exchange support and deeper market liquidity, the asset remains prone to high volatility and speculative trading.