Pi Network (PI) Price Surges Ahead of an Important Ecosystem Announcement

Key Points

• On May 14, the Pi Network ecosystem is expected to make an announcement.
• Although the coin is not yet listed on Binance, the community hopes for the best.
• PI price is up by 11%.

The Pi Network community has hoped for a Binance listing for a long time. Today, the Pi Network ecosystem is expected to make an announcement, and the community eagerly awaits it.

On May 8, the team behind Pi Network revealed in a post on X that today, May 14, a Pi ecosystem announcement will be released.

A Pi ecosystem announcement will be released on May 14. Tune in to find out what’s coming next! pic.twitter.com/5jn7m5mlmD

— Pi Network (@PiCoreTeam) May 7, 2025

Pi Network was launched in 2019, and it’s a crypto mining project that allows users to mine the PI coin via mobile devices. Unlike traditional PoW mining, Pi uses a consensus algorithm adapted from the Stellar Consensus Protocol (SCP), enabling the mining process without consuming too much energy or significant hardware resources.

Pi Network users are known as “Pioneers.”

Today, the price of PI rebounded following a slight drop, and it continues to surge.

PI Price Surges

At the moment of writing this article, PI is up by 11% in the past 24 hours and the coin is trading at $1.23 with a market cap of over $8,77 billion.

The 24-hour volume of PI is over $753 million.

In the past seven days, PI debuted a notable ascending trajectory and saw its price surge from around $0.58, when the coin had a market cap of over $4 billion. PI topped $1.6 on May 12 when it hit a market cap of more than $11.39 billion, before correcting at current levels.

PI reached its ATH on February 27 when the coin hit a price of almost $2.94 and a market cap of over $19,4 billion.

Pi Network Community Hopes for a Binance Listing

Today, PI’s price continues to surge ahead of the important announcement that will be released by the team behind the project.

The Pi Network community has been hoping for a Binance listing, but, so far, the exchange did not decide to launch the coin, probably due to various controversies around the project.

Binance has very strict rules when it comes to listing new projects, but it also implemented a Vote to List mechanism, taking into consideration the votes of its users.

It remains to be seen whether Binance eventually lists the digital asset.