Will Pi Coin Hit $2 in May? Pi Crypto News Triggers Pi Price Blast

Pi Network (PI) has surged 42% overnight, making it one of the top gainers and top trending coins on CoinGecko. This recent rally is on the back of the huge Pi crypto news announcement that will be dropping on May 14, in two days.

The official PI team account on X said on May 8 that a ‘Pi ecosystem announcement will be released on May 14.” PI crypto is up more than 100% from the date of that post.

A Pi ecosystem announcement will be released on May 14. Tune in to find out what’s coming next! pic.twitter.com/5jn7m5mlmD

— Pi Network (@PiCoreTeam) May 7, 2025

Investors Anxiously Awaiting The Pi Crypto News Announcement

Much of the momentum behind the rally from PI crypto is due to a highly anticipated announcement from the Pi Core Team, expected on May 14 during the Consensus Conference 2025 in Toronto.

It ties in perfectly as Dr. Nicolas Kokkalis, the founder of Pi Network, is scheduled to speak at the Canadian event. This has led to some intense speculation from the community as to what potential ecosystem-level upgrades could be coming.

Speculation on what the announcement will bring includes introducing decentralized apps (dApps), new GameFi projects, and upgrades to the native Pi wallet.

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Whatever May 14 does bring for Pi, it has experienced a solid rally over the past four days, fuelled by a single wallet tied to major crypto exchange, OKX, scooping 70 million PI tokens, worth around $85 million.

The 70 million PI buy from a single OKX wallet takes its holdings to over 155 million PI, making it the largest PI wallet across all centralized exchanges.

This large transaction on OKX has led to community speculation that a primary CEX listing will be announced alongside the ecosystem upgrade in two days. Binance is the obvious candidate, with ByBit also being touted as a potential listing.

Another aspect of the speculation is centred around the introduction of community governance features, such as a decentralized autonomous organization (DAO), to give users more control over the future of the Pi Network.

PI Token to $2 Before The May 14 Announcement?

(COINGECKO)

After the Pi Network Coin spent most of April being relatively flat, with no overly volatile price swings, yesterday, on May 11, PI Coin climbed above $1 for the first time since March 2025.

Since breaching $1, PI quickly flipped what was previously a key resistance level into support. It has since surged to $1.2 and beyond, and it looks set to keep going. The upcoming Pi crypto news is helping to keep the momentum going for the token.

CoinGecko currently has the Pi Network Coin among its trending tokens and top gainers. This recent pump for the PI token has raised its market cap above $9.7 billion, making it the 17th largest cryptocurrency by market cap.

PI’s 46% overnight pump has entered the top 20 at the expense of meme coin Shiba Inu (SHIB) and Layer-1 network, Stellar (XLM).

Sentiment for the May 14 announcement has led to a spike in trading volume and price. In the past 24 hours alone, PI has processed over $1.5 billion in volume.

In the lead-up to the Pi crypto news announcement, it trades for $1.39, with a clear run ahead toward $2 over the next 48 hours. PI was last above $2 in late February 2025, when it ran at a high of $2.99, the all-time high for Pi Network Coin.

If the ecosystem upgrade news for Pi is bullish, the PI token can be expected to make a run for $3 during this quarter. With Bitcoin still flirting with its own fresh highs and Fed interest rate cuts expected during June’s FOMC meeting, PI has the momentum to continue on this impressive run.

BONUS: Best Wallet (BEST) Raises $12.1m In Presale Funding As Airdrop Program Ends In 3 Days

🚨 Best Wallet Airdrop Ending Soon! 🚨

The airdrop campaign is officially ending on May 15th!

🎯 Here’s what you need to know:

— All $BEST rewards will be distributed to Best Wallet addresses.
— To receive your rewards, you must complete the “Connect Best Wallet” quest before… pic.twitter.com/DMVl9bMEpg

— Best Wallet (@BestWalletHQ) April 23, 2025

Best Wallet (BEST) is one of the best crypto offerings. It is a brand new Web3 wallet that is storming the crypto market. As wallet downloads and token interest continue to soar, it has just hit $12.1m in presale funding for its native BEST token, less than two days after hitting the $12m milestone.

Best Wallet offers a modern take on the pre-existing wallets, such as MetaMask, which has done nothing but rest on its laurels since its launch in 2017.

Available on the Apple and Google app stores, BEST is a self-custodial, multi-chain wallet that supports over 60 of the most prominent blockchains. Recently, full support has been added for Bitcoin and the Base chain.

More than simply a place to store their crypto assets, Best Wallet users can trade via the in-built DEX, stake for passive income, wager and game with their crypto holdings, and soon spend their hard-earned tokens with the upcoming Debit card.

The upcoming debit card will be available to use at any Apple or Google Pay terminal worldwide, making Best Wallet a true one-stop shop for crypto investors.

However, the most exciting feature within the Best Wallet is its ‘Upcoming Tokens’ platform. The BEST team carefully selects some of the hottest presales on the market, collaborating to ensure its users can seamlessly invest directly in these projects within the wallet.

The BEST team has announced that its airdrop program will end on May 15. However, users can still earn BEST by completing quests before they end.

Download Best Wallet on Google Play or the Apple App Store and start today.

Join the BEST community for all the latest news on X, Telegram, and Discord.

VISIT BEST WALLET HERE

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