Pi Network’s native cryptocurrency, PI, has entered a new phase with the launch of perpetual futures trading on Kraken Pro on May 23, 2025. This move introduces up to 20x leverage and over 40 collateral options, signifying a major step forward for the project. However, despite this significant development, Pi’s price has struggled for stability. The token briefly climbed to $1.60 earlier this month but has since fallen and currently trades near $0.76. 🤯 🔎 The complex regulatory landscape and Pi Network’s unique launch strategy are contributing factors to its fluctuating value.
One factor influencing the token’s price is the recent break from a falling wedge pattern after a significant decline, signaling potential recovery. The next key level to watch is $0.84. If it breaks above this, it could confirm the breakout and open doors for further gains at targets of $0.96, $1.20, and 1.57.
Some speculate about a potential surge in price to $5, which sounds unlikely, but their predictions rely on a complex combination of factors. The token’s volatile nature could potentially cause significant spikes in the short term due to its limited liquidity, especially if management of supply and demand proves effective. 📈.
Pi Network’s future price trajectory will heavily depend on upcoming roadmap milestones. The website lists numerous planned advancements, including users migrating more of their Pi coins to the mainnet and converting Fireside tokens into PI coins. These initiatives could either inject more coins into the market or tighten supply further, ultimately impacting the price.