Key Points
- PI is up by over 20% today after hitting $1.73.
- Earlier, PI Network highlighted that the community spent 6 years building its infrastructure and ecosystem.
After a volatile week, PI recorded a price surge today, climbing more than 20%. In an X post, the PI Network team highlighted that the community spent 6 years building its infrastructure and ecosystem, making sure that its utility is ready for use.
PI Price is Up by Over 20% Today
At the moment of writing this article, PI is trading at $1.68, up by more than 20% in the past 24 hours.
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PI had a volatile week, with prices dropping from above $1.96 on March 6, to as low as $1.27 on March 9, before surging above $1.52 the next day.
Today, the PI coin recorded an ascendant trajectory, reaching $1.73 earlier and a market cap above $12,43 billion before cooling down to current levels of around $12.06 billion.
The PI coin reached its ATH above $2.95 on February 27 when the digital asset surpassed $19.2 billion in market cap.
Pi Network Grace Period is on March 14
Earlier today, Pi Network highlighted in an announcement via X that the PI community spent 6 years building its infrastructure, and ecosystem, and making sure that its utility is ready for use before opening up.
The Pi community spent 6 years building its infrastructure, its ecosystem, and making sure that its utility is ready for use before opening up! Learn more about Open Network https://t.co/xW4GFYD7pt pic.twitter.com/WlVnnyDqpm
— Pi Network (@PiCoreTeam) March 12, 2025
On March 10, the team at Pi Network reminded users that the Grace Period requires both KYC and Mainnet migration to be completed by 8:00 am UTC on March 14 to avoid forfeiting most PI tokens other than PI mined within the rolling window of the last 6 months before PI is migrated.
March 14 is also Pi Day – the annual celebration of the mathematical constant Pi – 3, 1, and 4 are the first three significant figures on the Pi constant, and March 14 was first celebrated in the US.
What is Pi Network (PI)?
Pi Network allows users to mine crypto from their mobile phones and the project’s users are known as Pioneers. They contributed to advancing the project towards the Open Network launch which took place on February 20, and enabled external connectivity on the Mainnet Blockchain.
PI was listed on multiple exchanges apart from Bybit and Binance. The PI community hopes for a Binance listing.
