Pi Network Price Today 5/29/2025: Pi Network Mainnet May Already Be Live?

Pi Network Price Today 5/29/2025

Pi price on OKX exchange on May 29, 2025 is fluctuating around the price from 0.7282 USD to 0.7563 USD (equivalent to 18,910 VND to 19,600 VND). Thus, at the time of writing, Pi price on OKX exchange decreased by 3.3% compared to yesterday, reaching 18,960 VND

Pi Network (PI) is trading around $0.77, after briefly surging above $0.80 thanks to positive news about withdrawals from OKX. However, the technical chart shows that this cryptocurrency is still in the accumulation phase, and is under downward pressure as there is no clear growth momentum from buyers.

Based on the Ichimoku Cloud indicator, the PI price is currently below the red cloud, a signal that the downtrend is still dominant. The Tenkan-sen and Kijun-sen lines are flat, indicating a lack of market momentum and hesitant investor sentiment. The front cloud is still dense and bearish in structure, creating a major barrier for any short-term upside.

In addition, the BBTrend indicator also turned negative, further reinforcing the cautious view on the current price trend. If the price fails to break above the cloud and receive support from market momentum, the possibility of a strong recovery remains limited.

Pi Network Price Today 5/29/2025: Pi Network Mainnet May Already Be Live?

Pi Network mainnet may have started working?

The news that over 102 million PI tokens were withdrawn from OKX in the last 72 hours has rocked the crypto community. For early believers, this is a confirmation that the Pi Network mainnet is actually live. For skeptics, on the other hand, this is a wake-up call that Pi is no longer just a test or “paper” project.

The token withdrawal event has brought a new wave of interest. PI price reacted strongly, trading volume skyrocketed to over $30 million/day, reflecting the return of speculative sentiment. The $0.90 resistance level is now an important technical milestone that the market is watching, with expectations that if broken, it will head towards the psychological milestone of $1.

Pi Network has been quietly operating with a large user base but no public token circulation. Now, things are changing. Pi Network mainnet is no longer a future plan, it has been activated and is running.

However, this also raises new expectations for the Pi Core team. Users now demand transparency about the development roadmap, operating mechanism, as well as a commitment to building a truly sustainable Web3 ecosystem. Pi is entering the “big game” of cryptocurrencies, and the world will closely watch every next step.

Source: https://baonghean.vn/gia-pi-network-hom-nay-29-5-2025-pi-network-mainnet-co-the-da-bat-dau-hoat-dong-10298442.html