PI crypto price is firm, trading above $1.35 and flipping Litecoin and Bitcoin Cash. Whale transfers and exchange listing rumors make PI one of the best cryptos to buy. Meanwhile, the BTC Bull presale is on a roll, raising over $5.6 million.
After years of anticipation, Pi Network launched its mainnet and released PI coins to supporters. Coinciding with this launch was the listing of PI on top exchanges, primarily OKX.
While the first few days of trading drew massive volumes, prices soared to as high as $3 before plummeting, losing over 80% as PI dropped to around $0.45.
A mix of skepticism (mostly about whether PI was a scam or a Ponzi scheme) and falling crypto prices slowed down bulls.
However, looking at the PIUSDT price action, the coin appears to be returning to its glory days.
Pi Network Rallying: What’s Going On?
In roughly a week, PI has not only reclaimed $1 but has also surged 143% since early May, closing above $1.35.
If bulls maintain this momentum, there is a high possibility of PI retesting March highs and even reaching all-time highs, making PI one of the best cryptos to consider buying in May 2025.
With bulls on the rampage, the natural question is: What are the drivers?
The breakout from the one-month consolidation traced to early April could be due to whale activities.
Although there is no confirmation that these transfers involve institutions, and none have announced key partnerships with the mobile-first project, the movement of 70 million PI from OKX suggests that big players are not keen on selling but prefer HODLing.
🐋 Whale Alert! A whale wallet snapped up 70M $Pi Coins from OKX, pushing its total to 155M Pi – the largest single holding on any exchange!
This massive transfer, valued at ~$49M at current prices, coincided with a 25% weekly price surge and a 35% spike in daily trading… pic.twitter.com/Jsq9KEObqs
— Mansik Cat (@mansikthecat) May 11, 2025
As a result, prices increased, catalyzing a wave culminating in PI crypto price surging above $1 and $1.35, pushing its market cap above $9.7 billion. At current valuation, PI ranks in the top 20, flipping Bitcoin Cash and Litecoin.
(PIUSDT)
Exchange Listings to Trigger Pi Crypto Price Pump?
Adding fuel to this speculation is the possibility that PI could be listed on other major exchanges. A vote on Binance endorsed PI, but the listing date remains unknown.
In the meantime, PI could trade on other ramps following what was recently described as a “stress test” by developers or exchanges.
The circulating supply has surged by around 5 billion — from 7 billion to 12 billion — while the available supply on CEXs remains unchanged. This increase likely comes from the 5 billion Pi liquidity pool, possibly in preparation for a major exchange listing. And when I say… pic.twitter.com/7wqkogcZR5
— Dr Altcoin (@Dr_Picoin) May 8, 2025
The goal is to assess whether PI has sufficient depth and can handle a supply expansion. Last week, PI’s circulation rose by 5 billion to 12 billion before the extra tokens were removed.
The stress test is timely.
Today, 7.8 million PI will be unlocked. More tokens will be released in the next 30 days.
(Source)
Typically, this extra supply could exert more pressure on prices, slowing the upside momentum.
Whether this will happen remains to be seen.
For now, however, attention is focused on the Consensus Summit in Toronto, where Dr. Nicolas Kokkalis, the founder of Pi Network, is set to deliver a keynote. Major announcements are likely to be made.
$Pi Network – There hasn’t been much going on. However, today $Pi posted an announcement of an announcement on May 14th, which coincides with the start of Consensus 2025. Rumors of more exchange listings (HTX & Binance) persist. That’s 7 days minimum to make money on the rumors. pic.twitter.com/xtGKQk17Jm
— Robert 𝝅 (@Rghj21) May 8, 2025
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BTC Bull Presale: Will BTCBULL Outperform PI?
As PI prices climb, attention is also on one of the hottest presales in May: BTC Bull.
BTC Bull is designed to track the performance of Bitcoin, the first crypto that often influences top altcoins, including PI. When Bitcoin rises, PI and other altcoins typically follow in a network effect beneficial to the crypto markets.
Now that Bitcoin is firm above $100,000, attractive rewards are expected for BTCBULL holders.
Once the Bitcoin price hits $150,000, the BTC Bull project will distribute free BTC to holders. This airdrop will occur after every $50,000 increase until Bitcoin reaches $1 million.
Additionally, BTCBULL is deflationary.
Once Bitcoin reaches $125,000, a portion of the total supply will be burned. Burning will be done once Bitcoin rises by $25,000. The objective is to reduce supply and make BTCBULL deflationary, benefiting prices in the long term.
In the ongoing presale, over $5.6 million has been raised. Those who buy BTCBULL now at $0.002505 can also stake, receiving a 73% annual yield.
Considering the generous BTC Bull rewards system, analysts are optimistic, predicting that BTCBULL could outperform PI once the token lists on major exchanges.
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Pi Network Soars Past $1.35, BTC Bull Presale Hits $5.6M
- PI coin up 143% in May 2025, breaking $1.35 and flipping Litecoin and Bitcoin Cash
- Whales are moving PI from exchanges, signaling their intention to HODL
- Will PI list on Binance and other top exchanges? “Stress test” was possibly conducted last week
- BTC Bull presale raises over $5.6 million. Will BTCBULL outperform PI after listing?
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