PI coin is surging, adding over 30%. Nvidia stock surging on better-than-expected revenue. Risk on for Pi crypto? Savvy money investors are turning to Solaxy.
The crypto market is selling off, as recent price action shows. In the last trading day alone, cryptos lost over $200 billion, with the total market cap plunging 3.8% to $2.97 trillion. Bitcoin crashed below $82,500, yet amid this turmoil, PI, the token powering the recently launched Pi Network—is surging.
Defying the bearish tide, PI has emerged as one of the best cryptos to buy over the last 24 hours.
Pi Crypto Rallying: Pi Coin Breaks Above $2
According to Coingecko, PI is up 38% in 24 hours, trading at $2.65. Even at this level, it’s pulling back from $2.93, the local peak printed on February 27, 2025.
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Interestingly, PI is defying gravity rally as the broader crypto market bled, explaining why interest in PI is soaring. Traders are flocking to this high-flier, a token that is evidently one of the best cryptos to buy now.
PI has a fully diluted valuation exceeding $26 billion at spot rates.
This places it among the top 15 most valuable crypto assets, outranking Tron and Chainlink.
This mega valuation and striking surge come despite allegations that Pi Network is a pyramid scheme. Ben Zhou, the CEO of Bybit, is one of the many critics besides Chinese authorities. Before the exchange was hacked, Zhou urged people to stay away from the platform.
Nevertheless, this does not stop exchanges from listing the token. It is now trading on Gate.io and OKX.
It may also list on Binance, but it depends on voting that concludes today, February 27.
Nvidia Stock Rallies, Revenue Rising: Risk-On Signal Returns?
The impressive PI rally coincides with Nvidia’s latest earnings report.
On February 26, 2025, Nvidia reported Q4 2024 revenue of $39.33 billion, topping analyst expectations of $38.05 billion. Earnings per share hit $0.89, beating the $0.84 forecast.
Data center revenue soared 93% year-over-year, reaching over $35 billion by year-end 2024.
Nvidia’s stock rallied on the news.
For Q1 2025, the chipmaker projects $43 billion in revenue, with a 2% variance, driven by anticipated sales of Blackwell AI chips in early 2025.
Is Solaxy (SOLX) the Best New Crypto to Buy?
With Nvidia and PI rallying, eyes turn to Solaxy (SOLX).
Solaxy has been gaining traction, raising over $23.7 million in its presale.
SOLX, the token behind Solaxy, trades at $0.001648 and can be purchased with USDT, SOL, or cash via debit/credit cards.
Investors are eager to back Solaxy’s mission of building the first layer-2 scaling solution for Solana.
Though Solana is a popular hub for meme coins, it struggles with congestion during demand spikes, driving up priority fees and hurting user experience.
Solaxy addresses this by rerouting transactions off-chain, enabling cheaper, secure processing.
Ahead of its launch, the team has tested Hyperlane integration for seamless transfers between the mainnet and the rollup platform. Deposit and withdrawal functions are also live.
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SOLX will be central to Solaxy.
Presale investors can buy and stake SOLX, earning a 171% APY.
Join Solaxy’s community on X and Telegram.
EXPLORE: The History Books Will Remember Crypto 2025: But What’s The Best New Crypto to Buy?
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PI coin soaring, coincides with Nvidia superb earnings report. Solaxy raises over $23.7 million
- PI coin rallying as Pi Network targets $3
- Nvidia reports better-than-expected revenue in Q4 2024
- Solaxy raises over $23.7 million in ongoing presale
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