Pi Network News: Can the Domain Auction Ignite a Pi Coin Price Surge?
After months of silence and flagging investor interest, the Pi Network is back in the spotlight. Its current domain auction has met with unexpected levels of participation, giving a much-needed shot in the arm to Pi Coin’s community. The token, now worth $0.7885, has declined nearly 73% from its all-time high of $2.98, but new activity is bringing optimism to its outlook.
According to Pi blog , More than 200,000 bids have already been placed in the auction within a week, involving over 40,000 unique bidders and targeting a total of 95,000 .pi domains . Nearly 3 million Pi tokens have been committed in this bidding war. A few premium domains even fetched prices as high as 30,000 Pi each.
Domains associated with major brands like Amazon and Samsung have become hot property in the Pi world, leading to fierce competition. There is growing recognition from developers and businesses who are beginning to see value in the blockchain-based Pi ecosystem. The Pi Core Team seems to believe that this shift could attract more services built on their network.
There’s a clear direction behind the auction proceeds. The Pi Core Team says that funds collected are going to be transferred to programs that are sustainably designed for developers, growth-related events, and expansion of the broader ecosystem. The team aims for long-term utility by means of enabling services to thrive within the Pi platform.
Apps created within the network can still obtain domains without joining the public auction, but there’s a catch. Like traditional web domains, these .pi addresses will need to be renewed periodically. For now, they only function inside the Pi Browser, making them more of a digital landgrab for the future than immediate game-changers.
Even with the surge in domain demand, the price of Pi Coin hasn’t followed suit. After a 5% slide, the token is trading well below the much-watched $1 line. The decline is blamed on recent token unlocks and increased selling pressure, a concern among long-term holders.
The market also awaits the potential listing by the South Korean Upbit exchange . There are expectations that such a listing would reverse Pi Coin’s recent price decline and attract fresh liquidity. The listing is uncertain, but it’s generating debate and positivity across the Pi community.
Still, there’s a cloud over the celebration. Transparency issues with the Pi Core Team continue to be a thorn in the project’s side. Regulatory uncertainty and the token’s absence from major exchanges like Binance remain significant hurdles .
The auction has undeniably re-energized the community, with more developers looking at Pi as a serious ecosystem. Whether this momentum can carry Pi Coin back above $1 is still an open question. However, community sentiment is shifting, and that shift is being powered by real participation, not just hype.

🗞️ Need to catch up on the news? Here's our top 10 from today:
🔸 Crypto. com has announced that the SEC has agreed to close its investigation against the cryptocurrency exchange with no enforcement action taken.
🔹 Gracy Chen, CEO of Bitget, criticized Hyperliquid’s handling of the $JELLY incident as immature and unethical, warning it may be on track to become “FTX 2.0.”
🔸Kazakhstan is planning to establish a national crypto bank to regulate all cryptocurrency transactions in the country.
🔹 French state-owned bank Bpifrance launches €25m fund for new French crypto tokens.
🔸 Tether, the issuer of $USDT, is acquiring a 30% stake in Italian media company Be Water, which specializes in producing and distributing films, series, and podcasts.
🔹 Circle and Intercontinental Exchange (ICE), parent of the NYSE, have signed an MoU to explore integrating $USDC and USYC into ICE’s trading, clearing, and data systems.
🔸 Sam Bankman-Fried has been transferred to a federal transit facility in Oklahoma City after an unauthorized jailhouse interview with Tucker Carlson.
🔹 JPMorgan predicts yield-bearing stablecoins could grow from 6% to 50% of the market, driven by rising demand for interest-bearing assets.
🔸 Over 400 South Korean officials reveal $9.8M in crypto holdings, including $BTC, $ETH, $XRP and $DOGE.
🔹 Interactive Brokers adds $SOL, $XRP, $ADA, and $DOGE to its crypto trading platform.
Solana Price Ready to Explode or Fakeout Incoming?
Solana (SOL) , one of the top-performing altcoins of the last cycle, is now facing a critical technical moment. After a turbulent start to 2025 marked by a prolonged downtrend, the token is showing early signs of a potential trend shift. With recent price stabilization and a gradual climb from local lows, traders and investors alike are watching closely for the next big move. Is Solana preparing for a breakout that could reignite bullish momentum, or is this just another deceptive bounce before further downside? Let’s dive into the charts and indicators to find out what’s next.
Solana (SOL) has been slowly climbing out of a multi-week downtrend that began after its local high near $210 in late December 2024. After bottoming out near the $120 level in early March, SOL price has shown signs of stabilization. This latest consolidation phase hints at an impending breakout—or a potential fakeout that could catch traders off guard.
On the daily chart, SOL price has reclaimed the 20-day Simple Moving Average (SMA) and is attempting to establish support above it. However, the price is still below the 50-day and 100-day SMAs, which currently act as dynamic resistance levels near $154 and $183, respectively. The 200-day SMA—hovering at approximately $183.28—remains a long-term ceiling, emphasizing that SOL still needs to prove itself before a full-blown bullish trend resumes.
>>Click Here to Buy Solana on Bitget<<
Momentum indicators paint a mixed picture. The Relative Strength Index (RSI) sits at 48.29, marginally below the neutral 50 mark. While this shows recovery from the oversold levels seen earlier in March, it also reflects hesitation. RSI’s inability to push above 50 suggests that buying pressure remains tentative, and a sharp move in either direction could follow.
It’s worth noting that the RSI has formed a higher low, which typically precedes a price rally. But for confirmation, the RSI must break above 55–60 territory. Until then, the risk of range-bound or downward movement still lingers.
On the support side, $130 stands out as the immediate psychological and technical level. If SOL fails to hold above this zone, the next major demand region lies around $120, where the recent bottom was formed.
On the upside, the $145–$155 range represents the first major challenge, aligning with both price structure and the 50-day SMA. A clean breakout above this band would open the gates to $170 and potentially retest $183—where the 200-day SMA looms. A daily close above $183 would be a strong bullish signal, possibly triggering a momentum-driven rally toward $200+ levels.
>>Click Here to Buy Solana on Bitget<<
The current chart structure resembles a rounded bottom pattern with a tightening price range. This pattern often precedes a breakout move, and the confluence of narrowing candles with rising volume could confirm such a move soon. However, without a decisive close above $155 and sustained buying pressure, the risk of a bull trap remains high.
Volume analysis and RSI divergence will be critical in the next few sessions. If buyers step in strongly on higher-than-average volume while RSI climbs above 50, it may validate a genuine breakout. On the contrary, a failed test of the $145–$150 resistance zone followed by a breakdown below $130 would likely trigger a retest of March lows.
If bulls manage to push Solana price above $155 in the next few days, the next price target lies around $170, with a bullish extension potentially reaching $200 within the next few weeks. However, failure to do so could result in a pullback toward $130 or even $120 before any sustainable rally takes place.
Overall, Solana is at a pivotal technical juncture. The price is compressing between short-term moving averages and horizontal resistance, indicating a strong move is imminent. Whether it's upward or downward depends on how price reacts to the $145–$155 resistance range in the coming sessions.