Pi Coin Price Rises 50% in One Week: Is This a Major Rally?

Pi Coin (PI) is one of the week's top-performing cryptocurrencies, rising 50% in seven days and 12.54% in 24 hours.

Pi, ranked #27 internationally, trades around $0.68 with daily activity above $309 million and a market worth of $4.62 billion as of Saturday.

This spectacular rise is partly due to Pi Network ecosystem enhancements, including Satellite Mode, a daring move toward global internet access.

Pi Network Satellite Mode Promotes Global Adoption

Pi's rally is driven by its new Satellite Mode, which lets users mine, trade, and use dApps offline, even in distant areas.

The method offers decentralized finance to locations without 3G, 4G, or WiFi via satellite infrastructure like Starlink and OneWeb.

“Everyone should have the right to join the digital economy, no matter where they live,” stated a Web3 strategist.

Pi Coin's price is rising due to the innovation's goal of global digital inclusion and Pi Network's utility-driven blockchain status.

Pi Coin is approaching $1, a figure last seen during past hype cycles, because to its offline features and easy onboarding.

Analysts believe a breakthrough over $0.71 might lead to $0.90 or $1 in the short future if Satellite Mode adoption and user engagement rise.

Today's breakout attempt implies bullish intent, but confirmation is needed. Price activity has been creating a symmetrical triangle. Support is $0.63, with better footing at $0.61 in line with the 50 EMA. Daily closes above $0.71 indicate positive momentum toward $0.79 and $0.90.

Failure to maintain $0.63 might send the pair to $0.55 or $0.47. RSI is at 63, just below overbought, suggesting short-term gains, but momentum must be maintained to confirm a breakthrough.

Pi Coin is rallying due to ecosystem changes and an aim to democratize blockchain access, not hype. As Satellite Mode, faster KYC, and seamless wallets expand Pi’s footprint, the $1 mark is increasingly within reach—especially if crypto adoption continues to accelerate globally.

#pi #PiCoreTeam $SOL