Pi Network Rally Soon? BitMart Resumes Pi Coin Trading, Banxa Creates Thousands of New Accounts

The Pi Coin (PI) price has slipped below the key level of $ 0.60, lowering more than 3% in the last 24 hours. Over a period of 30 days, the token recorded a drop of -15%, making it one of the rare major cryptocurrencies that are negotiated in the red this month.

Although this downward trend has raised concerns among holders, some traders are starting to wonder if this drop could be an opportunity for strategic purchasing. Since mid-April, Pi Coin has been negotiated on laterally in a narrow range between $ 0.59 and $ 0.67, and with the current price now testing the limit less than 0.58, the market could face other risks down if it breaks below this support.

Can the big question circulating in the community right now: can the PI play go back to $ 3?

Despite the recent price pressure, there are some positive developments aroused an excitement among supporters of the IP:

• Bitmart has officially resumed trade for Pi Coin, bringing the essential liquidity market.
• Banxa, a Fiat-to-Crypto payment platform, would create thousands of new accounts, signaling growing interest in PI.
• HTX (formerly Huobi) teases Pi Coin activity on its platform, referring to possible future support.
• And perhaps more particularly, the founder of the PI network, Dr. Nicolas Kokkalis should be a main speaker at the consensual summit in Toronto in May 2025 – a major event for the global cryptography industry.

According to Crypto Influencer Dr. Altcoin, these updates could mean something for PI price prospects: the Oprippel momentum could be built.

For the moment, all eyes are on the fact that Pi Coin can maintain its support at $ 0.58 – or if these positive signals can help trigger the next rally.