Pi Network Surges 8%: Diary of One Very Wounded Investor

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The crypto cosmos wandered south in the last 24 hours, darling, with the big players sulking and Bitcoin looking as chic as a frock that’s forgotten its laundry. Then Pi Network swaggered in, up about 8 percent, as if it’d remembered it has a pulse just in time for cocktails.

Finally in Green

Pi Network’s native token has been on a downward drift longer than my love life in January, sliding to a not-at-all-flattering $0.13 and a market cap around $1.1 billion.

But the last 24 hours brought in some bullish vibes, and PI waltzed up to roughly $0.15. The capitalization crept above $1.3 billion again, crowning it the 55th-largest cryptocurrency-fabulous, if you’re into improv rankings.

The comeback arrives just as the Pi team spruces up its Node infrastructure. The Pi Mainnet blockchain is undergoing a series of improvements, with a first upgrade deadline set for February 15.

The Core Team explained that the consensus algorithm will run with Pioneers who’ve applied to become Nodes and installed all required blockchain software on their computers.

“While our hope is to include as many Pioneers as possible when defining the Node requirements, the availability and reliability of individual nodes in the network affect the safety and liveness of the network,” the official announcement reads.

PI’s price revival also coincides with a slowdown in token unlocks. About 19 million coins are scheduled for release today (February 13), marking the peak daily unlock for the next 30 days. By month’s end, daily unlocks are expected to drop below 5 million, which could ease selling pressure and help stabilize the price.

The Recent Rumors

Earlier this month, some X users whispered that Kraken might start trading PI. Such a move from a major exchange would likely lift liquidity and polish PI’s reputation, which could be useful when the gossip column decides it’s interested in us again.

Perhaps the biggest drama would be Binance stepping up to the plate. The world’s largest crypto exchange was tipped to list PI last year and even held a community vote on the issue. Despite the chorus of “yes,” Binance has yet to oblige, leaving admirers and their diaries in a state of hopeful suspense.

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2026-02-13 19:34