作為比特幣和以太坊暴跌，PI網絡剝奪了Hedera（HBAR），成為第十個最有價值的加密貨幣

在以廣泛損失為標誌的氣候下，PI Network剛剛使Hedera（HBAR）在市值中脫穎而出，在加密貨幣排名中升至第11位。這種轉變引起了人們對這次上升的驅動因素和現象的可持續性的疑問。

As the crypto market continues to navigate a turbulent phase, an unexpected asset is stealing everyone's attention. In a climate marked by widespread losses, Pi Network has just dethroned Hedera (HBAR) in market capitalization, rising to the 11th place in the crypto rankings. This turnaround raises questions about both the drivers of this ascent and the sustainability of the phenomenon.

隨著加密貨幣市場繼續導航動蕩的階段，意外的資產正在引起所有人的注意。在以廣泛損失為標誌的氣候下，PI Network剛剛使Hedera（HBAR）在市值中脫穎而出，在加密貨幣排名中升至第11位。這種轉變引起了人們對這次上升的驅動因素和現象的可持續性的疑問。

In the midst of the rout of giants like Bitcoin, Ethereum, and Solana, how does Pi Coin manage to show gains? As several days of decline in the crypto market have begun to wear down investor morale, several assets are displaying surprising resilience. Among them, Pi Network is attracting attention with a 5% surge in the past 24 hours.

在像比特幣，以太坊和索拉納這樣的巨人之中，Pi Coin如何設法表現出收益？隨著加密貨幣市場幾天的下降開始逐漸消除投資者的士氣，幾個資產表現出令人驚訝的韌性。其中，PI網絡在過去24小時內激增了5％，引起了人們的關注。

After reaching a peak of $1.85, the asset is currently trading at $1.73, still showing a weekly gain of 11.11%. This movement propels Pi Network's market cap to $12.02 billion, thus surpassing Hedera at $9.65 billion.

在達到1.85美元的高峰之後，該資產目前的交易價格為1.73美元，仍顯示每週收益為11.11％。該運動將PI Network的市值推向了120.2億美元，因此超過了Hedera，價格為96.5億美元。

This shift occurs as Hedera was still enjoying excitement around a potential ETF listing. The announcement, which briefly boosted the price of HBAR, was not enough to halt the 7% correction the asset experienced. The dynamics observed in Pi Network, on the other hand, intrigue due to their uniqueness, particularly in the context of a widespread bearish environment.

由於Hedera仍在對潛在的ETF列表欣賞興奮，因此發生這種轉變。該公告短暫提高了HBAR的價格，不足以阻止資產所經歷的7％更正。另一方面，在PI網絡中觀察到的動力學是由於其獨特性而引起的，尤其是在普遍存在的看跌環境的背景下。

If Pi Network is managing to stand out, several factors explain this meteoric rise. One of the triggering elements is the intense speculation surrounding a potential listing on Binance.

如果PI網絡設法脫穎而出，則有幾個因素可以解釋這種流動的興起。觸發元素之一是圍繞二元潛在清單的強烈推測。

Ever since a poll conducted by the platform brought up this possibility, the community has mobilized with the hashtag “#ListPiOnBinanceNow”, amplifying investor interest. A listing on the exchange could reinforce the asset's legitimacy and liquidity, which would be enough to sustain a bullish dynamic.

自從該平台進行的一項民意調查提出了這種可能性以來，社區就以“ #ListPionBinancenow”主題為主題，增強了投資者的利益。交易所上的上市可以增強資產的合法性和流動性，這足以維持看漲的動態。

Moreover, another catalyst lies in the prolongation of the KYC verification process and the migration to the mainnet, two initiatives intended to improve the network's adoption.

此外，另一種催化劑在於KYC驗證過程的延長和向主網的遷移，這是兩項旨在改善網絡採用的舉措。

In parallel, some speculations even mention the inclusion of Pi Network in a U.S. strategic reserve, in a context where the Trump administration exhibits an increasingly pro-crypto posture. These rumors, although unconfirmed, contribute to maintaining optimism around the asset.

同時，在特朗普政府表現出越來越多的親克賴特（Crypto）姿勢的情況下，一些猜測甚至提到將PI網絡納入美國戰略儲備。這些謠言雖然沒有得到證實，但卻有助於維持對資產的樂觀情緒。

The trajectory of Pi Network triggers as much hope as doubt. As Pi Day approaches on March 14, some anticipate key announcements that could extend this bullish dynamic.

PI網絡的軌跡觸發了疑問和疑問的希望。隨著3月14日的PI日臨近，一些預期的關鍵公告可能會擴大這種看漲的動態。

Analysts are currently observing a test of the $1.80 resistance level, a critical threshold that, if crossed, could propel Pi Network beyond $2. However, this ascent remains fragile.

分析師目前正在觀察1.80美元的電阻水平的測試，這是一個關鍵的門檻，如果越過，則可以將PI網絡推向2美元以上。但是，這個上升仍然脆弱。

Without a concrete catalyst, the risk of a brutal pullback remains, especially if Binance does not confirm the listing or if the global market continues to contract. It remains to be seen whether Pi Network can establish itself as a solid asset or if it will merely be a speculative spark in a crisis-hit market.

沒有具體的催化劑，殘酷回調的風險仍然存在，尤其是如果二手企業無法確認上市或全球市場繼續簽約時。 PI網絡是否可以將自己確立為固體資產，還是僅僅是危機危機市場中的投機火花，還有待觀察。