Pi News: PI Network Teams Up with Banxa in a $30 Million Mega-Deal as Bitcoin Soars Past $83K!
Let's explore the surge in PI Price as Pi Network gains momentum in the crypto market, driven by strategic partnerships and global economic shifts.
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Pi Network’s native token surged to $0.65 before settling at $0.60, reflecting a 6% daily increase. The cryptocurrency market interest has increased because of worldwide commercial tensions, and U.S. tax changes have motivated this token value expansion. The resistance shown by the Pi token can be attributed to Banxa’s partnership with the Pi ecosystem after it purchased over 30 million tokens. The crypto market sentiment strengthened because Bitcoin rebounded to exceed $83,000 and Ethereum reached above $1,600. Industry-wide confidence, along with intensified movement, characterizes the digital asset market sector.
PI Price Surges on Crypto Rally and Strategic Deals
The price of PI, the native cryptocurrency for Pi, significantly fluctuated, getting up to a high price of $0.65 and now stabilizing at about $ 0.60, a 6% increase within one day. The price hikes are occurring with the crypto market at large, following global trade war updates, including suspending tariffs in the USA and increasing tariffs on imports from China. Bitcoin and Ethereum also went with this rally, with BTC flying over $83.000 and ETH going above $1,600.
Pi Network had recently partnered with a global payment service provider, Banxa, which bought more than 30 million PI tokens. Such arrangements characterize developing confidence in the ecosystem, with reports that 1.2 million PI tokens were bought from Banxa within two days. Nevertheless, in terms of all developments regarding the Pi ecosystem and market factors, it really seems highly likely that it might be a watch cryptocurrency in the year 2025.
PI Price Prediction For April 10, 2025
The PI Network maintained stable trading patterns on April 10 as it settled into a solid support position at $0.5460 before it started. Golden crosses appeared on the MACD throughout the morning, signaling the market could become bullish soon. At around 19:20 UTC, a price breakout delivered the PI Price above its first resistance zone at $0.601 as RSI moved from an oversold state into an overbought position. The price of PI performed an accelerated breakout, which reached its new peak near $0.665.
Chart 1, analysed by Anushri Varshney, published on TradingView, April 10, 2025
RSI flagged overbought as the price reached its peak, which triggered a MACD death cross at 20:05 UTC, showing weakening upward momentum. Bulls could start entering the market after the RSI identified bearish conditions at 01:05 UTC and again at 08:55 UTC. The price could challenge both the $0.675 resistance level after maintaining its upward trajectory which could push the market to approach $0.70.
Pi Price Prediction: A Promising Future Amid Strategic Growth
Pi, the native cryptocurrency of the Pi network, has been highly resilient. The potential for making it grow is evolving because of partnerships and the revival of the market in one aspect. Analysts project that Pi is likely to have prices within the range of $0.589 and $1.40 by the end of 2025, while long-term estimates suggest it could go as high as $2.85 by 2029.
The recent alliance with Banxa, coupled with the growing trust of the community in Pi, is escalating its utility further down the road and increasing demand. This is likely the case, however varied the predictions are; otherwise, bullish sentiments from within the Pi community will keep up the optimistic belief in pi parity. If the next developments move strategically, PI will, without a doubt, be among the most important players in the coming years in crypto market.
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