TLDR
- PI gained approximately 7% on March 10, while trading volume increased over 65% to reach $39.7 million
- Crypto analyst Dr. Altcoin projects PI may reach $0.50 this week, citing Pi Day on March 14 as a catalyst
- Scheduled network upgrades will conclude by March 12, bringing anticipated DeFi functionality
- A Kraken listing announcement could drive PI toward $0.75, according to analyst predictions
- PI has gained approximately 70% from its lowest recorded price while surpassing significant technical barriers
Pi Network’s native token PI advanced roughly 3% on March 9, recovering from a 5% decline the previous day. Throughout the past week, the token has rallied from $0.166 to approximately $0.221, posting stronger gains than both Bitcoin and Ethereum during this period.
Trading activity has experienced significant expansion. Daily volume stood below $10 million one month ago. Current data from CoinGecko and CoinMarketCap shows volume exceeding $400 million.
Cryptocurrency analyst Dr. Altcoin shared on X that PI may achieve $0.50 this week. This projection represents approximately 130% appreciation from present values and would mark the token’s strongest performance since July 2025.
His analysis highlights four primary catalysts: the upcoming Pi Day celebration on March 14, expanding trading volumes, sustained upward price action, and the prospect of a Kraken exchange integration.
Pi Day and Network Upgrades
March 14 represents Pi Day, an annual milestone that holds significance within the Pi Network ecosystem. Project developers have historically utilized this date for releasing important announcements and developmental roadmaps.
Scheduled network enhancements are set to complete by March 12. New decentralized finance capabilities, potentially featuring a PiDEX or automated market maker platform, are anticipated to go live during this timeframe.
The Pi Network development team leveraged its first mainnet anniversary in February to communicate strategic focuses including artificial intelligence integration, accelerated KYC verification processes, and an upcoming KYC-as-a-Service offering.
Technical Levels to Watch
On price charts, PI has climbed above its 100-day Exponential Moving Average. The Supertrend indicator has shifted from red to green for the first time in several months.
The token has also surpassed $0.2146, representing its peak level from January. The Percentage Price Oscillator has moved above zero while maintaining upward momentum.
Critical support exists within the $0.20 to $0.204 range. Maintaining price action above this zone preserves the bullish technical structure. A decline below $0.20 may trigger pullback momentum toward $0.186.
Immediate resistance levels appear at $0.237, followed by $0.29. Beyond these thresholds, the $0.50 projection enters realistic territory.
Dr. Altcoin noted that a verified Kraken listing announcement coinciding with Pi Day could elevate PI toward $0.75.
PI achieved top-tier visibility among tokens on CoinMarketCap on March 10, indicating strengthening retail engagement ahead of the commemorative event.
Five days remain before March 14 arrives.
