Pi Network has recently caught the attention of cryptocurrency enthusiasts, particularly with its current price of $0.2548, reflecting a 5.28% increase over the last day. This upward trend is noteworthy against a backdrop where many cryptocurrencies are experiencing volatility and uncertainty.
Currently ranked #42 in market capitalization at approximately $2.12 billion, Pi Network's performance is intriguing given that only 8.33% of its total supply—100 billion tokens—is currently circulating. The token's all-time high (ATH) was an impressive $2.98 on February 26, 2025; however, it has since seen significant declines from that peak.
Over the past month alone, Pi has shown resilience with an increase of about 11%, outperforming both Bitcoin and Ethereum by rising 38.51% against BTC and an even more remarkable 50.32% against ETH during this period.
The trading volume for Pi Network stands at around $78.89 million within the last 24 hours, indicating active interest among traders despite recent bearish trends overall in crypto markets—a sentiment reflected in its Fear & Greed Index score hovering near neutral territory.
Interestingly enough, if you had invested $1,000 when Pi first launched on February 20th this year, your investment would now be worth roughly $181 due to fluctuations since then—a stark reminder of how volatile these assets can be.
As we analyze further into technical indicators like Relative Strength Index (RSI), which currently sits at a neutral value of around 63.08%, it suggests that while there may not be immediate signals for either buying or selling pressure right now—the potential remains for future growth as market conditions evolve.
In summary, while Pi Network’s journey thus far reflects both promise and challenges typical within emerging cryptocurrencies—it continues to attract attention as investors weigh their options amidst shifting tides across digital asset landscapes.