As of May 12, 2025, Pi Network (PI) is trading at approximately $1.19, having experienced a significant surge of over 100% in the past week . This upward momentum is partly attributed to anticipation surrounding a major ecosystem announcement scheduled for May 14, which has heightened investor interest .
Despite this recent growth, most short-term forecasts do not anticipate PI reaching $10 in the next few days. For instance, CoinCodex projects a potential high of $4.34 for May, with an average around $2.58 . Similarly, Binance's short-term prediction suggests a modest increase to approximately $1.18 by the end of this week .
While some long-term projections are more optimistic—Changelly forecasts PI reaching $60 by the end of 2024 and $200 by 2030 —these estimates are speculative and depend on various factors, including broader market conditions and the successful implementation of Pi Network's developments.
In summary, while PI has demonstrated notable short-term gains, it is unlikely to reach $10 in the immediate future. Investors should remain cautious and consider the inherent volatility and speculative nature of the cryptocurrency market.