Why Pi Coin Is Going Up — What Behind The Rally, Will Pi Hit $5?

Pi Coin Price Prediction: Will PI Hit $5 in 2025 After a 30% Surge?

Pi has yet again surprised the crypto market in the run-up to a greater than 30% rally, with the price at $1.24 and the trading volume spiking 204% to $1.28 billion. This bullish move hence propelled Pi into the top 20 cryptocurrencies, which included legacy coins such as Litecoin (LTC), Polkadot (DOT), and Bitcoin Cash (BCH) in terms of market capitalization.

But what is driving this sudden momentum, and will it be sustained?

Why Pi Coin's Surge: A Deep Dive into Bullish Momentum

While most cryptocurrencies basked in weekend gains of 2–3%, the token defied the broader market sentiment. A mysterious wallet purchased 70 million PI from OKX, thereby taking its total holdings to 155 million coins—the largest known balance on any centralized exchange. This has fueled widespread speculation of a Binance listing anytime soon.

Binance Listing Rumor Gains Momentum

In the past, similar on-chain wallet movements have been indicative of future CEX listings on popular exchanges. The move also comes in line with timing since Pi Network had recently completed KYB (Know Your Business) compliance key qualifier for a list on the likes of Binance and Coinbase.

With the surge in on-chain activity and mainnet onboarding, the prospect of a big exchange listing now feels more than real.

Technical Analysis: Bullish Formation Undermines Upside

4-Hour Chart: Breaking Above Key Levels

In the 4-hour chart, the altcoin has broken out of descending trend lines. The price has gone beyond psychological resistance at $1 on March 24, 2025, thereby confirming the bullish reversal. Momentum indicators are overbought at this stage, but strong volumes are backing an even larger uplift.

Source: TradingView

Monthly Chart: Hammer Candlestick Reversal Signal

The long-term chart speaks loudly as well. From a $0.40 low, the altcoin  is now forming a bullish hammer candlestick pattern, the technical chartists' signal for trend reversal. It points to the breaking of coin from the downtrend and entering into a new phase of growth and accumulation.

The Expert's Forecast

According to Dr. Altcoin, the crypto analyst, the team will hold a major announcement on 14 May 2025, coinciding with the start of the Consensus Summit 2025 in Toronto, where the coin founder Dr. Nicolas Kokkalis will be giving a speech. 

He believes the announcement may feature mainnet updates to token utility news or will contain the very confirmation of the long-awaited Binance listing, any one of which can spark yet another bout of price rage.

Critical Bull Run Triggers

Binance Listing Rumour: Excess wallet accumulation as a probable listing trigger.

Mainnet Expansion: Developer traction growth and KYB onboarding as a gauge of ecosystem health.

Strong Technical Breakout: Breakout momentum indicator for trendline breakout and bullish hammer.

Major Future Announcement: The May 14 event is a breakout trigger, hopefully.

Pi Network Price Prediction 2025: Can PI reach $5?

With persistence and momentum being kept alive and earning a Tier-1 Binance or similar listing, the altcoin realistically can hope for $2–$3 within the foreseeable near future. Persistent demand, expanding ecosystem adoption, and heightened retail interest can help drive it up to the target of $5 by Q4 2025.