- Pi Network’s PI has shown significant growth, surging nearly 200% in a week despite market volatility, with projections indicating a potential rise to $8.23 by March 2025.
- However, its future success depends on exchange listings, market trends, and continued community support.
The cryptocurrency market is known for its volatility, with assets experiencing rapid price surges and dips. One of the latest altcoins making waves is Pi Network’s PI, which officially launched after six years of development. Following a rocky start, PI has managed to rebound impressively. Now in 11th position, the asset only needs another 40% increase, assuming the rest of the market remains constant, to jump into the top 10.
But most investors are probably wondering if will $PI maintain the current momentum through to March 2025?
PI’s Current Market Performance
PI entered the market at a modest $0.6152 but quickly climbed close to the $3 mark within its first week of trading. By February 27, the altcoin hit an all-time high of $2.98. However, the broader market downtrend affected PI, causing its value to drop by as much as 25% in just 24 hours earlier. Despite this, PI has recovered, and at the time of writing PI price is hovering at around $1.73, surging 11% within a week and 4.18% in the last day.
While traders are eager for wider adoption, major exchanges remain hesitant to list PI. A recent Binance Square poll saw 86% of voters supporting a Binance listing for PI, with nearly 295,000 votes cast. However, Binance clarified that the vote was merely advisory and would not directly influence their listing decision. The exchange is still evaluating PI based on its internal review processes.
March 2025 Price Prediction
Market analysts remain optimistic about PI’s potential growth. According to CoinCodex projections, PI could see a significant price jump by March 2025. The altcoin is expected to trade at a high of $8.23, representing a staggering 290% increase from its current value. The average trading price for PI in March 2025 is predicted to be around $4.89, while the lowest projected price stands at $2.41.
Will PI Sustain Its Growth?
Several factors will determine whether PI can sustain its projected growth:
- Exchange Listings: A listing on Binance or other major platforms would boost PI’s liquidity and attract more investors.
- Market Trends: The overall crypto market sentiment will play a crucial role in PI’s trajectory.
- Community Support: PI’s strong community backing could contribute to its long-term success, provided that demand remains high.
While PI has experienced both highs and lows, its recent performance indicates strong market interest. If current predictions hold, March 2025 could be a pivotal month for PI, with potential price surges reaching beyond $8. However, investors should remain cautious, as the crypto market is highly unpredictable. Whether PI becomes a major player or struggles to gain traction will depend on critical developments in the coming months.
