Pi Network (PI) Price Surges Over 9%, But Mainnet Access, Utility Concerns Linger

Pi Network (PI) token price surged over 9%, hitting $0.85 before settling near $0.7993. PI shows technical breakout but faces hurdles: mainnet/KYC issues, lack of top listings. Coincodex predicts PI at $1.51-$1.76 EOY 2025, but utility, ecosystem concerns linger. Pi Network’s native cryptocurrency, PI, has captured fresh attention after a notable price surge. The coin climbed over 9% in 24 hours, hitting a peak of $0.8500 before consolidating near $0.7993. This movement shows strong bullish momentum for PI, particularly in a market where most other altcoins remain sluggish. Despite the rise, however, many uncertainties still cloud PI’s long-term outlook. These range from the availability of PI on major exchange listings to the coin’s actual utility and ongoing mainnet access issues for users. Related: Pi Network Token Unlock Impact: PI Price Tumbles, $7.6B Market Cap Tested PI Token Shows Bullish Breakout from Sideways Action; Key Levels Eyed The latest one-day chart shows a decisive bullish breakout following a week of sideways price action. After bouncing off a strong support zone near $0.7350, the coin climbed rapidly. The rally broke minor… The post Pi Network (PI) Price Surges Over 9%, But Mainnet Access, Utility Concerns Linger appeared first on Coin Edition .

Source: Coin Edition