Pi Network (PI) experienced a significant price increase, surging 21% to over $0.27. This rise was fueled by substantial whale accumulation and a remarkable 535% increase in trading volume, reaching $61.7 million. The token successfully broke out of its previous $0.20–$0.23 consolidation range. Derivatives data indicates sustained taker buy volume and a positive cumulative volume delta over the past 90 days, suggesting strong market interest.
Market analysts believe that if Pi Network maintains support above $0.27, the momentum could drive its price towards $0.36. The bullish positioning in futures markets further supports this potential upward trajectory.
Pi Network Jumps 21% Amid Whale Accumulation and Volume Surge
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