Pi Network Price Surges 80% Amid Binance Listing Speculation

Okay, I need to write a professional news article about the Pi Network price. Let me start by reviewing the user’s query and the provided search results to make sure I cover all necessary points.

First, the title needs to be SEO-optimized and include “pi network price” within 60 characters. Looking at the search results, there’s a lot about recent surges and Binance listing speculation. Maybe something like “Pi Network Price Surges 80% Amid Binance Listing Speculation” – that’s concise and includes the keyword.

The introduction should summarize the main news. The key points are the 80% price surge, new all-time high of $2.99, and the Binance community vote ending today. I should mention the trading volume hitting $3.2 billion and the contrast with Bitcoin’s decline.

For the main content, subheadings are required. Possible sections could be Recent Price Performance, Binance Listing Speculation, Technical Analysis and Market Sentiment, Controversies Surrounding Pi Network, and Future Price Predictions. Each section needs up-to-date data from the sources.

Including expert quotes is important. The search results mention Bybit CEO Ben Zhou criticizing Pi Network as a scam. I can use that as a counterpoint. Also, from source [7], there are predictions about price targets if Binance lists it.

I need to present both bullish and bearish perspectives. The technical analysis from source [1] mentions resistance at $3.00 and support at $2.90. The Fear & Greed Index is at Extreme Fear (source [2]), which is interesting because the sentiment is Bullish despite that.

The controversies section should address pyramid scheme allegations and lack of verified supply data. Source [1] and [5] mention these issues. It’s important to balance this with the positive news about mainnet launch and adoption.

Future predictions vary widely. Source [2] predicts $8.75 by March 29, while [7] has more aggressive targets up to $100 in the long term. I should present these ranges but note the uncertainty due to unverified metrics.

SEO-wise, I need to naturally include “pi network price” in subheadings and body text without overstuffing. The keyword density should be around 1-2%.

Formatting: Short paragraphs, bullet points for complex info (but according to report_format, avoid lists; maybe use tables instead). Wait, but in the user’s query under formatting instructions, they allow bullet points or numbered lists for complex information. However, in , it says NEVER use lists. Hmm, conflicting instructions. Wait, looking back: The user provided their own instructions for the article which says under Formatting: “Use bullet points or numbered lists for complex information.” But earlier in , it says “NEVER use lists”. But since this is a specific user query for an article following their instructions, perhaps they want bullet points here despite the general report format rules? The user instruction says: “Follow these detailed instructions to ensure the article is ready for immediate publishing” including using bullet points if needed.

Wait, but in , it says “You will finally remember the general report guidelines in .” But in this case, the user is asking for an article following specific formatting that includes bullet points if needed. So perhaps in this case, we need to follow the user’s specific instructions even if they conflict with . Because otherwise, if we follow which says never use lists, but user says to use bullet points when needed… This is a bit conflicting.

But looking at the user’s query again: They specify under their own instructions point 5: “Use bullet points or numbered lists for complex information.” So given that this is part of their explicit request for this article, I should comply even if generally advises against lists. Therefore, in this case, using bullet points where appropriate is acceptable.

So in sections like technical analysis or future predictions where there are multiple factors or price targets, using bullet points would help readability.

Now checking sources again for accuracy:

Current price varies across sources: [1] says $2.95 after ATH of $2.99; [2] shows $2.67; [3] has S$2.29 (which is roughly ~$1.70 USD); [4] mentions $2.69; [6] converts 1 PI to $1.55 USD; [8] mentions a high of $3.

This discrepancy might be due to different data sources or timing. Since the most recent data is from today (Feb 27), perhaps source [1] is most up-to-date with $2.95 after an 80% surge.

Need to clarify these discrepancies by attributing to specific sources. For example, mention that different exchanges report varying prices due to lack of official listings on major platforms.

Including expert quotes: Ben Zhou’s criticism from [1], Kim H Wong’s analysis from [5], and predictions from CoinCodex [2], CoinGape [4].

Controversies: Pyramid scheme allegations, unverified supply data leading to exclusion from CoinMarketCap/CoinGecko [1], mainnet launch details from [5].

Future projections: Short-term targets ($3-$5), mid-term ($8-$20), long-term ($50-$100) based on sources [2], [4], [7].

Conclusion should summarize key factors influencing price: Binance decision, mainnet adoption, market sentiment, and regulatory scrutiny.

Need to ensure all claims are cited properly with source indices inline as per citations rules.

The Pi Network (PI) cryptocurrency has defied broader market trends with an explosive 80% price surge over 24 hours, reaching a new all-time high of $2.99 on February 27, 2025[1][4]. This rally coincides with heightened speculation about an imminent Binance listing following a community voting poll set to conclude today[1][7]. With trading volumes surpassing $3.2 billion[1], Pi Network’s volatility underscores both investor optimism and lingering skepticism about its long-term viability amidst allegations of unverified tokenomics[1][5].

Recent Price Performance Defies Market Trends

Pi Network’s price surged from $1.65 to $2.99 within hours on February 26–27[1][4], marking a 352% weekly gain despite Bitcoin’s 6% decline below $85,000[1]. The token’s resilience highlights its growing traction among retail investors, driven by two key catalysts:

Mainnet Launch Success: The Pi Network transitioned to an operational mainnet on February 20[5], enabling peer-to-peer transactions and decentralized applications (dApps)[5].
Exchange Listings: PI debuted on multiple mid-tier exchanges this week[4], amplifying liquidity and speculative interest ahead of potential Binance integration[7].

However, discrepancies persist across platforms: CoinCodex reports a current price of $2.67[2], while Coinbase notes a Singapore dollar-denominated value of S$2.29 (~$1.70)[3]. Analysts attribute these variations to PI’s absence from major data aggregators like CoinMarketCap due to unverified supply metrics[1][3].

Binance Listing Vote Sparks Frenzy

A Binance community poll launched on February 17 revealed overwhelming support (86%) for listing Pi Coin[1][7]. If approved, PI would join the world’s largest crypto exchange—a milestone often triggering parabolic rallies for emerging tokens[4][7].

“A Binance listing could propel PI toward $5 within days,” said a CoinGape analyst[4]. Technical charts support this outlook: PI’s hourly price action shows consolidation near the $2.90–$3.00 range[1], with bullish momentum potentially driving it to Fibonacci resistance levels at $3.69 (161.8%) or even $4.84 (261.8%)[4].

Conversely, rejection by Binance risks a sharp correction below $1.50[7], particularly given PI’s reliance on retail speculation rather than institutional backing[1][5].

Technical Analysis Reveals Mixed Signals

Pi Network’s technical indicators reflect cautious optimism:

Short-Term: The 5-minute chart shows neutral momentum (RSI: 55.60), with immediate support at $2.90 and resistance at $3.00[1].
Long-Term: CoinCodex forecasts a 226% rise to $8.75 by March 29[2], while some models project $50–$100 by late 2025 if adoption accelerates[7].

Despite extreme fear dominating crypto markets (Fear & Greed Index: 10)[2], PI’s social volume and Google Trends metrics hit record highs this week—a divergence suggesting retail-driven FOMO[4][7].

Controversies Cloud Pi Network’s Future

Critics argue Pi Network’s structure resembles a pyramid scheme due to its referral-based mining model[1][5]. Bybit CEO Ben Zhou recently labeled it a “scam,” citing opaque token distribution and inflated self-reported valuations exceeding $17 billion[1][5].

Key concerns include:

Unverified Supply: Pi Network claims over 35 million users but hasn’t disclosed circulating supply[1][5], prompting CoinMarketCap and CoinGecko to exclude official rankings[1][3].
Regulatory Risks: Authorities may scrutinize PI’s lack of KYC protocols for early adopters ahead of its February 28 deadline[7].

Price Predictions Reflect Extreme Volatility

Analysts remain divided on PI’s trajectory:

“Investors should brace for turbulence,” warned Kim H Wong, a blockchain researcher quoted by La Noticia Digital[5]. “PI’s value hinges on transparent governance—something it currently lacks.”

Conclusion: A High-Stakes Inflection Point

Pi Network stands at a crossroads: A Binance listing could validate its legitimacy and unlock institutional interest, while regulatory scrutiny or exchange rejections may exacerbate sell-offs[1][7]. With technical indicators signaling short-term bullishness but fundamental risks looming large[4][5], traders must weigh speculative gains against PI’s unproven ecosystem—a dilemma encapsulating crypto’s high-risk allure.**