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Cryptocurrency News Articles
Pi Network Bucks the Trend, Soaring 80% as Open Mainnet Launch Unveils New Vistas
Feb 28, 2025 at 05:27 am
A surge of excitement stirs the crypto realm as Pi Network dramatically bucks the trend, soaring by a staggering 80% in a single day
A surge of excitement ripples through the crypto realm as Pi Network dramatically bucks the trend, soaring by a staggering 80% in a single day. Amidst a field of scarlet, the token’s value rocketed to an all-time high of $2.98, propelled by whispers of its impending arrival on major exchanges.
The token, which began the day at $1.65, scaled new heights to $2.98 by midday, marking a staggering 80% gain. This ascended to new optimism after rumors swirled of potential listings on Binance and other leading exchanges.
Expanding on its recent endeavors, Pi Network unveiled new vistas with the launch of its Open Mainnet on February 20, 2025. Unfurling its wings beyond a confined ecosystem, Pi expanded its reach, improving liquidity and user access. This emancipation heralded a wave of optimism among early adopters, eager to witness the potential ascent of the token.
Earlier pronouncements of integration with OKX, Bitget, and MEXC have electrified the atmosphere. Pi’s 60-million-strong user base bubbles with anticipation, propelling last week’s rally into a spectacle of fervor and hope.
After a period of dormancy, Pi’s value plummeted by 60% in 2024, a downturn that began at an apex of nearly $7 during the cryptocurrency boom. However, the token has since demonstrated signs of recovery, rising from a low point of $1.2 in March.
Now, as Bitcoin falters under the weight of a 23% slump—driven by discouraging ETF outflows and unsettling news of the $1.5 billion ETH hack—trepidation encircles Pi’s luminous ascent.
A vivid scene unfolds as traders display an aversion to fresh risk, pivoting toward the emerging promise of Solaxy. This pioneering Layer-2 solution for Solana is emerging from the tumultuous crypto landscape with the robust $23.7 million presale of its SOLX token.
Emerging as a beacon of technological promise amid a sea of crypto turmoil, Solaxy is poised to unburden Solana from the stifling grip of congestion. In doing so, it steps into a realm where others falter, offering the seamless execution of transactions and enhancing the overall experience for developers.
Moreover, Solaxy’s deft integration with Hyperlane and the Sovereign SDK positions it as a frontier expansion tool. The project’s tantalizing prospects are evident, with the SOLX token serving as the ecosystem’s lifeblood, poised for a rise comparable to legendary Ethereum Layer-2 endeavors.
Investors are at a crossroads, charting their own course. Pi Network’s euphoric highs invite dreams of rapid fortune, while patience and keen scrutiny could guide the wise toward a more enduring path. As the crypto landscape continues to shift, observers wait, watch, and wonder—will Pi Network’s brilliance endure, or will Solaxy emerge as the new champion of the charts?
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Avalanche's Native Token, AVAX, is Expected to See Significant Gains, Surpassing Bitcoin and Ethereum
- Apr 03, 2025 at 07:30 am
- Standard Chartered's Geoff Kendrick said that unlike Ethereum and Solana, which both count on traditional scaling solutions, Avalanche employs a subnets or sidechains-based system to enhance its scalability.
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- MANTRA Integrates with Elliptic to Provide Blockchain Compliance
- Apr 03, 2025 at 07:25 am
- MANTRA, a Layer 1 blockchain focused on real-world asset (RWA) tokenization and decentralized finance (DeFi), is paving the way for mainstream adoption with its integration with Elliptic, a leader in blockchain analytics and financial compliance.
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- aelf (ELF) Prepares for Market Explosion as Bitcoin ETFs and New Regulations Reignite Institutional Interest
- Apr 03, 2025 at 07:25 am
- The altcoin market looks promising, and many altcoins are recording gains. Late last year, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things have mostly been on the green side for many investors since November.
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