Pi Coin has experienced a remarkable surge, surpassing $1 for the first time and reaching new highs, driven by strong market sentiment. After weeks of relative stagnation, Pi Coin rallied by over 25% in a single day, surpassing the $0.75 mark to settle at $0.72. Its performance currently makes it the top-performing major altcoin today. Over the past 24 hours alone, its price has surged nearly 30%, with a 52% gain over the last 90 days. This bullish trend is attributed to growing DeFi applications and increased institutional investments. Technical indicators are also supportive, with the 10-day SMA crossing above resistance and the RSI displaying a bullish trajectory. Pi Coin’s market cap has now surpassed $5 billion, hitting its weekly high of $0.78. 188 million PI tokens will be unlocked in the next 30 days, potentially leading to market sell-off. The Pi Network recently launched the Pi Ad Network, a strategic move for developers to generate income from their apps, fostering a more robust ecosystem. A Binance listing is being actively pursued by the community with 87% of members supporting the initiative. However, despite this momentum, trading volume has decreased by 44%, indicating mixed investor interest in the coin’s future performance. The upcoming token unlock and the potential for major exchange listings from exchanges like Binance will undoubtedly play a pivotal role in determining Pi Coin’s trajectory.