Pi Network Soars 15% as Bitcoin Hits All-Time High

Pi Network has soared by 10% as Bitcoin surpasses $110,000. What lies ahead for Pi coin and the overall cryptocurrency market? Let's delve into upcoming trends and opportunities.

Written by Charles Ledoux

Translated on May 22, 2025 at 10:13 by Sarah

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Pi Network Surges by 10% as Bitcoin Crosses $110,000

The cryptocurrency market continues its bullish trend, with Bitcoin recently crossing the $111,000 mark. According to experts, if this momentum persists, Bitcoin could soon target $115,000 to $116,000. However, as always, fluctuations are expected along the way. Can altcoins, like PI Network, keep up?

Market data confirms the trend remains bullish. Many analysts who predicted a market crash have remained silent as current charts and on-chain data paint a different picture. While Bitcoin leads the way, several altcoins have also seen gains, such as Dogecoin rising by 7% and other major cryptos gaining between 2 and 4%.

Aim of $1 Token Price for Pi Nearing

A standout cryptocurrency is Pi Network, with its token surging by 10% to hit a peak of $0.86 before stabilizing around $0.84. The next target for Pi is to surpass the symbolic $1 mark, a level eagerly awaited by many supporters. However, for Pi to reach $1, it must first break the significant resistance level at $0.94.

Today 22nd May , 5.7million $PI will be unlocked.
The data remains the same for the next 2 months.
I expect high volatility. #PiNetwork pic.twitter.com/OFolJLEIRo
— MOON JEFF 🪐 (@CRYPTOAD00) May 22, 2025

Despite new Pi tokens being unlocked, their price continues to rise. This could be attributed to several factors: first, a $100 million fund has been launched to support Pi projects. Additionally, many people are choosing to hold onto their Pi rather than sell.

🚨 $Pi Rally +8.9%: What are the signs?

Price surge despite 2.01B+ $Pi unlocked shows demand exceeding supply or increased confidence.

3 REASONS 🧵#PiNetwork #Picoin #pinetwork24x7 pic.twitter.com/RVnIQcqAfZ
— The Times of PiNetwork (@PiNetwork24X7) May 22, 2025

As a result, experts believe that when Pi Network is listed on major exchanges, it could experience a significant surge in price and popularity. On the other hand, Bitcoin remains strong on the charts, with indicators like RSI and MACD showing positive momentum.

Although Bitcoin has entered the overbought zone, it has not reached extreme levels, indicating there is still growth potential. If Bitcoin slows down after a while, altcoins like Ethereum, Solana, and XRP could then see more significant price movements. Whales continue to actively purchase more Bitcoin, a positive sign for market health.

Currently, the previously mentioned scenario is unfolding. With a green Woodies CCI on the daily, PI could soon retest the $1.3 zone. A strong resistance area that could, however, push PI back towards $0.5 or lower if sellers take control.

Buy PI on Bitget now !

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Charles Ledoux

Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.

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