Pi Network's price has experienced significant volatility in recent days, briefly recovering losses before dropping 11% today.
Despite strong fluctuations, the altcoin remains under pressure, with uncertainty surrounding its price action—even as the Pi2Day event, a major milestone for the network, approaches in just two days.
Pi Network Gears Up for Pi2Day
The Relative Strength Index (RSI) for Pi Network indicates strengthening bullish momentum across the broader market. Investors are likely excited about the upcoming Pi2Day event, which has historically generated significant interest. This annual event is expected to deliver critical updates for Pi Network, including a major AI announcement that’s already stirring buzz within the community.
Nicolas Kokkalis, one of Pi’s co-founders, recently participated in a generative AI workshop at Consensus 2025, hinting that artificial intelligence could play a pivotal role in Pi Network’s future. This potential AI integration has amplified excitement, with Pi2Day anticipated to unveil new features that may boost investor interest in the platform.
👉 Why Pi Network’s AI integration could be a game-changer
Pi Network maintains a strong correlation with Bitcoin (0.71), suggesting PI could benefit from BTC’s upward momentum. As Bitcoin nears the $108,000 mark, its rally may positively impact Pi’s price.
If BTC continues its uptrend, Pi Network could gain short-term support, aiding the altcoin’s recovery. However, this is a double-edged sword—any downturn in the leading cryptocurrency might trigger a PI correction. Investors should remain cautious.
Will PI Price Rally Before the Event?
Pi Network’s price has fallen 11% to $0.56, following a 15% surge on Wednesday that failed to hold. This drop highlights PI’s recent volatility, with the altcoin struggling to sustain upward momentum despite earlier bullish signals.
Currently, Pi Network trades below the $0.57 resistance level, with the next key support at $0.51. If volatility persists leading into Pi2Day, the altcoin may test this support. Market uncertainty could drive further declines ahead of the event.
However, if investors grow optimistic and capitalize on Pi2Day’s hype, Pi Network could rebound. A successful flip of $0.57 into support might pave the way for a push past resistance levels at $0.61 and $0.64. This would negate the current bearish outlook, signaling growth potential for Pi Network in the coming days.
👉 How to capitalize on Pi Network’s price movements
FAQs
1. What is Pi2Day?
Pi2Day is an annual Pi Network event marking key updates, including technological advancements and community initiatives. This year’s focus includes a major AI announcement.
2. Why did Pi Network’s price drop 11%?
The drop reflects market volatility and profit-taking after a brief rally. Investors are also cautious ahead of Pi2Day’s news-driven price swings.
3. How does Bitcoin’s performance affect Pi Network?
Due to their strong correlation (0.71), Bitcoin’s rallies or pullbacks often influence PI’s price movements.
4. What’s the next price target for PI?
If bullish momentum returns, PI could test $0.61–$0.64. Otherwise, it may retreat to $0.51 support.
5. Could the AI announcement boost Pi Network’s adoption?
Yes, AI integration may enhance utility and investor interest, provided the updates deliver tangible ecosystem benefits.