- Pi Coin is poised to break the $3 mark as Pi Network announces major ecosystem updates, including open-source code and decentralization steps.
- Recent app updates and a keynote at ConsenSys 2025 fuel bullish momentum and investor optimism.
Pi Coin is generating massive buzz in the crypto community as its price steadies above the crucial $1 mark, currently trading at $1.19. With Pi Network’s major ecosystem announcement scheduled for today, market sentiment suggests that Pi Coin could rally past $3—potentially marking its most significant breakout yet.
The surge in optimism stems from several high-impact developments. PiNetwork has officially shut down its central node, a pivotal move towards decentralization. This transition paves the way for the release of Pi’s open-source codebase, allowing developers and node operators to contribute directly to the network’s future.
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In a further sign of readiness for mainnet migration, the Pi Mining and Pi Browser apps received critical updates on the Google Play Store. These updates reportedly enhance the user interface and backend infrastructure, bolstering speculation about upcoming smart contract capabilities and ecosystem dApps.
The excitement is amplified by the fact that Pi Network’s founder is slated to speak at the prestigious ConsenSys 2025 event today. Industry insiders anticipate the keynote will include a detailed roadmap toward full decentralization and possibly confirm the network’s mainnet launch. As ConsenSys attracts global crypto leaders, Pi Network’s presence could significantly boost investor confidence and project visibility.
From a technical perspective, Pi Coin has already seen a 190% increase between May 6 and May 12, peaking at $1.67. Although a pullback to $1.19 has occurred, it still holds above key Fibonacci support at $1.14. Momentum indicators such as the MACD and EMA alignments suggest bullish continuation is likely.
Should Pi Coin reclaim $1.67, analysts believe it could retest the $2.91 resistance—aligning with the 100% Fibonacci extension. A breakout above this level would make the $3 target not only possible but highly probable.
As the countdown to Pi Network’s announcement concludes, all eyes are on whether Pi Coin can capitalize on the hype and technical setup to achieve a historic price surge.
