Pi Coin (Pi Network/PI) is currently the best-performing cryptocurrency in the daily charts among the top 100 projects by market cap.According to CoinGecko data, PI’s price has risen by 12.4% in the last 24 hours, 13.7% in the last week, 3% in the 14-day charts, and nearly 22% over the previous month. PI has outperformed major crypto assets such as Bitcoin (BTC), Ethereum (ETH), XRP, etc. Despite the rally, the asset’s price is still down by nearly 90% since March 2025. Let’s discuss if Pi Coin can continue its price rally and hit the $0.30 mark next.
Pi Coin’s latest upswing comes amid a market-wide rebound. Bitcoin (BTC) briefly hit $73,900 earlier today, and other assets seem to be following its trajectory. The market rally was most likely triggered by President Donald Trump’s recent support for a pro-crypto legislation in the US. The move may have led to a boost in investor sentiment.
Pi Coin’s price rally may have been further boosted by recent updates. The team announced a successful migration to Protocol v19.9, and aims to complete v20.2 before Pi Day (March 14) 2026.
Network Update: Protocol v19.9 migration successfully completed. Next up is v20.2 — Aiming to complete before Pi Day 2026. Node operators should make sure they’re upgraded and stay tuned for further instructions:https://t.co/mnbwVzhaD9
While PI’s latest rally is commendable, it is unclear if the asset can sustain the rebound. The cryptocurrency market is still reeling from the exodus of investors. Market participants began a risk-pff approach last year after an increase in macroeconomic uncertainties and geopolitical tensions. Given the rise in tensions in the Middle-East, investors may be cautious about risky assets, such as Pi Coin and other crypto assets.
Also Read:Coinbase (COIN) Stock Surges as Trump Supports Crypto Bill
CoinCodex analysts also present a bearish outlook for Pi Coin (PI). The platform anticipates the coin to dip to $0.1279 on Mar. 14, 2026. PI’s price will face a 33.7% price correction if it dips to $0.1279 from current price levels.
Source: Watcher Guru
