, Pi Network's native cryptocurrency, Pi Coin (PI), is experiencing notable market activity. Following the Open Mainnet launch on February 20, 2025, PI's price surged by 80%, climbing from $49 to $92. However, recent data indicates a price of $1.63, reflecting a 6% increase over the past 24 hours.
The Open Mainnet launch has expanded Pi Network's connectivity, enabling interactions with external blockchain networks and enhancing real-world utility. This development has contributed to increased trading volumes and market capitalization, with PI's market cap now at $16.33 billion.
Analysts are monitoring key resistance levels, particularly the $2 mark, to assess PI's potential for further gains. The recent price increase and heightened trading activity suggest growing investor interest and confidence in Pi Network's future prospects.
Please note that the cryptocurrency market is highly volatile, and prices can change rapidly. It's advisable to conduct thorough research and exercise caution before making any investment decisions.
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