Pi Network has witnessed a remarkable recovery, with the price rising to nearly $0.65 before slightly dropping to $0.60, still achieving a 6% increase for the day. 📈
The main reason driving this recovery is the revival of the cryptocurrency market after global trade tensions eased. U.S. President Donald Trump has suspended most new tariffs for 90 days, lowering tariff rates for over 75 countries, but sharply increasing import duties from China to 125%.
Bitcoin and Ethereum have also recorded significant increases, with BTC surpassing $83,000 and ETH exceeding $1,600.
Pi Network recently partnered with Banxa, a global payment service provider, highlighting confidence in the project's ecosystem. 🌍
The Pi Network community expects the price to continue rising, with some members predicting that the price could exceed $2.50 in the near future.