Pi Network News Heats up Pi Coin Price Rally: What Actually Happened?
Deepmala Upadhyay
Pi Network News Surge Coin Price Up 9%, What Next for the Project
Pi coin just had a rough two weeks. Then it bounced back. That's the short version of today's Pi Network news. On July 14, Pi coin hit all-time low. It fell to $0.07072, per CoinMarketCap data. Three days later, it's climbing again.
Today, July 17, Pi coin trades near $0.08238. That's a jump of over 9%. Market cap now sits at $901.43 million, 24-hour trading volume is $16.8 million, per CoinMarketCap data.
Source: CoinMarketCap Data
Why does this matter? Because it shows how fast sentiment can shift. One week you're reading grim Pi Network news. The next, the coin is a top gainer.
How Bad Was The Crash?
The fall was steep. Over the past month, the coin dropped more than 38%. In just the last week, it fell over 17%, per CoinMarketCap data.
That's a hard stretch for anyone holding it. Prices like this test even patient investors. But crashes and bounces are normal in crypto and it is no exception to that pattern.
Why Is Pi Coin Up Today?
Two things moved the needle. Both came from the Core Team, not rumors.
- A mining app redesign. The Core Team redesigned the side menu and app profile page inside the mining app, per its official X post. It's the first step toward a wider app refresh.
- A protocol upgrade announcement. On July 15, minepi.com confirmed Protocol v25 is coming.
Together, these gave traders a reason to buy. News like this often sparks short-term rallies.
What's New In The Mining App?
The redesign touches the side menu and the app profile page. Both got a cleaner layout.
Source: X Post
Pioneers can now find the Mainnet Checklist faster. Mining details and featured apps are easier to locate too. Dark mode is also here. Pioneers had asked for it for a while.
It has over 60 million engaged Pioneers using this app daily, per minepi.com. That's why the Core Team says changes come "thoughtfully and iteratively," not all at once.
One more app change: Banxa is being removed from the app as an in-app wallet option. Fast Track KYC now handles most Mainnet Wallet creation directly, per minepi.com. Banxa still works as a separate third-party option.
What Does Protocol v25 Change?
It is set to upgrade to Protocol v25 on Wednesday, July 22, per minepi.com. The main goal is network stability. But there's a bigger feature too. V25 adds BN254 cryptography and Poseidon hashing.
These let developers build apps that verify facts without exposing your personal data. Think identity checks that don't reveal your full identity. Node runners need to upgrade before July 22 to stay connected.
How Far Has Pi Reached Across Exchanges?
It now trades on several exchanges. According to PiScan data, the combined value of this held across these platforms is roughly $44 million.
Source: PiScan Website
That total spans:
- OKX
- Bitget
- Gate
- MEXC
- Pionex
- LBank
- Kraken
Gate holds the largest share, with over $23 million in value, per PiScan data. That spread across seven exchanges shows real trading activity, not just one venue.
Is Pi Coin Listed On Binance?
Not yet. Binance ran a community vote on listing the coin back in February 2025. It closed with strong support.
But a vote isn't a listing. Binance has never confirmed a firm listing date for the coin. Any Pi Binance listing news right now is speculation, not fact.
What's Next For Pi Network?
All eyes turn to July 22. That's when Protocol v25 goes live. If the upgrade runs smoothly, it could support more confidence in Pi Network news going forward. If problems appear, sentiment could turn again.
Crypto prices move on news, technicals, and mood, all at once. The coin has shown it can swing hard in both directions.
CoinGabbar Analysis: Short-term rallies after a fresh low are common in crypto markets. They often follow positive project news rather than a shift in fundamentals. Protocol upgrades that add real technical capability, like zero-knowledge features, tend to carry more lasting weight than app redesigns alone. The July 22 upgrade will be the clearer test of whether this rally has legs, since it directly affects network function rather than just user interface. Traders should treat a single day's price move as one data point, not a trend confirmation.
Conclusion
Pi Network News: Coin's bounce from $0.07072 to $0.08238 shows how fast sentiment shifts. A mining app update and the coming Protocol v25 upgrade both fed the rally. Whether it holds depends on July 22's rollout and wider market conditions.
YMYL Disclaimer: This content is for informational purposes only. It is not financial, investment, or trading advice. Cryptocurrency prices are highly volatile, and past performance does not predict future results. The coin, like all digital assets, carries a high risk of loss. Always do your own research and consult a licensed financial advisor before making any investment decision. Data referenced here comes from CoinMarketCap, PiScan, and official sources as cited, and may change after publication.
