作为比特币和以太坊暴跌，PI网络剥夺了Hedera（HBAR），成为第十个最有价值的加密货币

在以广泛损失为标志的气候下，PI Network刚刚使Hedera（HBAR）在市值中脱颖而出，在加密货币排名中升至第11位。这种转变引起了人们对这次上升的驱动因素和现象的可持续性的疑问。

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.

随着加密货币市场继续导航动荡的阶段，意外的资产正在引起所有人的注意。在以广泛损失为标志的气候下，PI Network刚刚使Hedera（HBAR）在市值中脱颖而出，在加密货币排名中升至第11位。这种转变引起了人们对这次上升的驱动因素和现象的可持续性的疑问。

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.

在像比特币，以太坊和索拉纳这样的巨人之中，Pi Coin如何设法表现出收益？随着加密货币市场几天的下降开始逐渐消除投资者的士气，几个资产表现出令人惊讶的韧性。其中，PI网络在过去24小时内激增了5％，引起了人们的关注。

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.

在达到1.85美元的高峰之后，该资产目前的交易价格为1.73美元，仍显示每周收益为11.11％。该运动将PI Network的市值推向了120.2亿美元，因此超过了Hedera，价格为96.5亿美元。

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.

由于Hedera仍在对潜在的ETF列表欣赏兴奋，因此发生这种转变。该公告短暂提高了HBAR的价格，不足以阻止资产所经历的7％更正。另一方面，在PI网络中观察到的动力学是由于其独特性而引起的，尤其是在普遍存在的看跌环境的背景下。

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网络设法脱颖而出，则有几个因素可以解释这种流动的兴起。触发元素之一是围绕二元潜在清单的强烈推测。

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.

自从该平台进行的一项民意调查提出了这种可能性以来，社区就以“ #ListPionBinancenow”主题为主题，增强了投资者的利益。交易所上的上市可以增强资产的合法性和流动性，这足以维持看涨的动态。

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，另一种催化剂在于KYC验证过程的延长和向主网的迁移，这是两项旨在改善网络采用的举措。

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.

同时，在特朗普政府表现出越来越多的亲克赖特（Crypto）姿势的情况下，一些猜测甚至提到将PI网络纳入美国战略储备。这些谣言虽然没有得到证实，但却有助于维持对资产的乐观情绪。

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网络的轨迹触发了疑问和疑问的希望。随着3月14日的PI日临近，一些预期的关键公告可能会扩大这种看涨的动态。

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.

分析师目前正在观察1.80美元的电阻水平的测试，这是一个关键的门槛，如果越过，则可以将PI网络推向2美元以上。但是，这个上升仍然脆弱。

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.

没有具体的催化剂，残酷回调的风险仍然存在，尤其是如果二手企业无法确认上市或全球市场继续签约时。 PI网络是否可以将自己确立为固体资产，还是仅仅是危机危机市场中的投机火花，还有待观察。