Pi’s price saw a notable surge today, driven by the broader cryptocurrency market’s recovery after easing trade tensions between the US and numerous other countries. This rise aligns with analysts’ predictions of potential rallies above $2.50 in the near future. 📈 📈 💰 💰 The cryptocurrency native to Pi Network witnessed a sharp increase in price earlier today, reaching almost $0.65 before retracing slightly to the current level of approximately $0.60, representing a 6% daily gain. 📊 ⬆️ 📉 Several factors contributed to this surge. Firstly, the global market recovery was fueled by the easing of trade tensions between the US and various nations. Recall that President Trump’s 90-day tariff suspension on most new tariffs and the reciprocal reduction in rates for over 75 countries that recently negotiated better terms with America played a crucial role. 🌎 Furthermore, strategic deals signed by Pi Network, including its collaboration with Banxa, likely contributed to the price rally. Banxa’s acquisition of over 30 million PI tokens is a testament to their confidence in the project’s ecosystem. 🚀 Banxa’s involvement further solidified community trust and signaled growing demand for PI tokens. Notably, Pi News reported a massive purchase of 1.2 million PI from Banxa within a span of just 48 hours, showcasing strong community-based belief in the platform’s potential.