- Pi Coin has outpaced Hedera in market cap, showing resilience despite a broader market downturn.
- Growing speculation around Pi Coin’s Binance listing and potential inclusion in the US Crypto Reserve could drive further price gains.
Pi Network is back in the spotlight, defying the market trend and moving up the crypto rankings. Pi Coin increased by over 5% today while it stood its ground amidst the general selloff that has gripped the market. Notably, it is now placed at number 11 in the crypto ranking, displacing Hedera down the ranking after Hedera lost 7%.
Pi Coin is now trading at $1.76 after reaching a 24-hour high of $1.85. The cryptocurrency has risen by 10.89% in the past week. For comparison, Hedera (HBAR), now ranked 12th, is trading at $0.2349.
Interestingly, the decline of HBAR is in spite of the recent hype surrounding its potential ETF approval in the US. As we reported earlier, Grayscale recently filed its 19b-4 application with the SEC, seeking to debut an HBAR ETF. The initial optimism, however, appears to have faded off, with market forces taking precedence over the development.
Pi Coin’s momentum suggests that it can further its bull run in the coming days. One of the significant reasons for the rally is the growing speculation of a Binance listing, which has led to intense market interest.
Optimism Rises for Pi Coin’s US Crypto Reserve Listing
Pi Network’s increasing popularity has also started discussions regarding its potential listing in the US Crypto Reserve. Speculation has intensified, with the community arguing its feasibility and implications.
Dr. Picoin, a well-known Pi Network supporter, weighed in on the topic, stating:
The USA’s decision to add crypto reserves is a significant and promising opportunity for Pi Network. As this trend gains momentum, many countries are likely to follow suit.
He also called on Pi Network pioneers to engage with government officials and agencies to enable the adoption of the cryptocurrency. According to him, Pi Coin, when properly positioned, can be a significant player in national and international financial systems.
Meanwhile, the discussion on the applicability of Pi Coin to peer-to-peer transactions and overall economic use cases is gaining traction. Some in the community have even suggested lobbying global institutions such as UNICEF and WHO to explore the potential of the coin in humanitarian and development interventions.
Considering these developments, the Pi community is optimistic about a potential US Crypto Reserve listing, which, if successful, can provide a huge boost to Pi Coin’s legitimacy and adoption.
Pi Coin Price Prediction: 50-100% Surge Expected?
Pi Coin fans have doubled their efforts to secure a Binance listing, with #ListPiOnBinanceNow trending on social media. The majority believe that Binance’s approval would be a game-changer for the token, significantly improving its accessibility and market appeal.
I’m calling on the entire crypto community!#Binance must make an official announcement regarding the listing of #Pi Network, and #CoinMarketCap should treat Pi fairly by placing it in its rightful ranking. Exchanges must stop manipulating the price!
I invite everyone to…
— Satoshi Nakamoto (@s_nakotomo) March 1, 2025
Despite the pullback from ATH at $2.98, traders remain bullish, with some speculating that Pi Coin will soon challenge the $3-$4 area. Some of the potential rally’s drivers include listings on top exchanges and increasing market interest.
Impressively, when the cryptocurrency was recently listed on OKX, the price increased by 36% in an hour. A Binance listing, some believe, could do the same or even more.
With Pi Day on March 14 approaching, anticipation is growing for big announcements that could further shape the future of Pi Coin. If major updates are announced, Pi Coin could be poised for another breakout rally, further solidifying its position as a leading cryptocurrency.