Pi's Struggle for Survival Amid Avalanche's Rise and RTX's Disruption

Pi Network holders are growing increasingly concerned about the trajectory of their token's value, as the Pi coin price continues to fluctuate. As of the latest data, Pi is trading at $0.53, up 4% from its 24-hour prior price of $0.51 but down 6% from the $0.56 recorded one week ago. The coin's all-time high of $2.97, reached on February 27, 2025, now represents an 82% drop in value. The circulating supply of Pi stands at 7.5 billion tokens, representing 8% of its maximum supply of 100 billion. Despite this, Pi's market cap is $3.98 billion, with a fully diluted valuation of $52.97 billion. However, Pi's dominance in the broader crypto market remains at 0%, underscoring the challenges it faces in capturing meaningful market share.

Technical analysis of Pi's price action suggests a potential reversal is on the horizon. The token has been consolidating near its all-time low, forming a double-bottom pattern at $0.3167. A successful breakout above the pattern’s neckline at $0.4646 could signal a bullish reversal, potentially leading to a 35% price increase. Additionally, Pi has entered a falling wedge pattern, a technical formation that often precedes a breakout move. Analysts highlight that Pi is in an accumulation phase, with low volatility and declining trading volumes suggesting a period of consolidation. While the Pi Network developers recently announced a major upgrade to the Stellar Network protocol, many observers are waiting for a more tangible catalyst, such as an exchange listing or token burn, to drive the price higher.

In contrast, Avalanche (AVAX) has emerged as a compelling alternative for investors seeking exposure to high-growth altcoins. AVAX is currently consolidating above key support levels and is showing signs of on-chain strength. The token’s price has held firm within the $23 to $25 accumulation range, with repeated defenses indicating strong buyer interest. On-chain data also reveals that AVAX has surpassed Solana in 24-hour stablecoin inflows, a trend that often signals increased liquidity and investor confidence. Additionally, the Avalanche Foundation has announced $250,000 in grants to eight projects under the Retro9000 Cohort 2, further incentivizing developer activity on the platform. These developments are occurring alongside growing institutional interest, including the tokenization of a $300 million hedge fund by SkyBridge, which highlights Avalanche’s expanding role in mainstream finance.

Technical indicators for AVAX also point toward a potential breakout. The token is currently forming an ascending triangle pattern, with resistance emerging at the $27 to $28 level. A clean breakout above this range could open the path to the mid-$30s. On-chain metrics, including daily transactions and active addresses, are also showing strong growth, with Q3 2025 reporting 18.5 million daily transactions and 146,579 daily active addresses. These figures represent significant quarter-over-quarter increases of 203% and 70%, respectively. Moreover, AVAX’s DeFi TVL has grown to $2.77 billion, up 53% from the previous quarter, further reinforcing its position as a leading Layer 1 blockchain.

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[5] title5 (https://www.bitget.com/news/detail/12560604936977)