In the first week of March, the price of PI, the native token of the Pi network, remained above₹150, testing support at this level after a decline from₹250.
As of March 6, 2025, Pi Network (PI) is trading at approximately ₹156.70, which is 36.6% down from the last seven days, and its market cap is at ₹1,099.15 billion, or $15 billion.
The broader crypto market has turned bullish following President Donald Trump’s March 2 announcement of a U.S. Crypto Strategic Reserve, initially naming XRP, Solana (SOL), and Cardano (ADA) as chosen assets.
This announcement led to a surge in cryptocurrency prices, with the total market rising about 10%, or more than $300 billion, in the hours following the news. While PI was not explicitly mentioned in the reserve, the overall positive market sentiment has likely provided indirect support to its price.
Looking ahead, analysts have varying opinions on PI’s price trajectory. Some forecasts suggest that PI could reach as high as ₹266 ($3.06) in 2025. If PI breaks past this, it could quickly target ₹365($4.20) in the short term.
PI has tested the ₹182 ($2.10) support line multiple times. If it falls below this, the price may drop to ₹130 ($1.50) or even ₹87 ($1.00). However, sentiment remains bullish, with buyers expecting further gains if momentum continues.
Speculation around a potential Binance listing is also fueling optimism, with some projections suggesting PI could surge as high as ₹870 ($10) in an extreme bull case.
Pi Network team recently announced an extension for its Know Your Customer (KYC) verification and mainnet migration deadline. The new cutoff date is March 14, 2025, aligning with the project’s sixth anniversary.
Also Read: Pi Team Urges Pioneers to Build Apps on Pi Network
