Pi Coin Booms 101%: Crypto World Awaits Big News From Toronto
The Pi Network community is heating up every hour as the Consensus 2025 event kicks off in Toronto – where the Pi development team promises to deliver a groundbreaking announcement.
Over 70 million Pioneers (Pi Network users) are holding their breath waiting for what is considered a historic turning point for the project. The prestigious blockchain conference Consensus 2025 in Canada is the main stage, where Nicolas Kokkalis – founder and CTO of Pi Network – will officially speak.
Expectations are pouring in on the "golden" speech
According to the official schedule, Mr. Kokkalis will speak at 11:05 am on May 16, 2025, within the framework of the Consensus AI Summit. While the events have already started today, the main focus is his 30-minute speech, where the community is expected to get clarity on:
Pi Listing on Binance
Transition to Mainnet Phase 2
Lost Pi Policy
New Referral Reward Program
On X (Twitter) and Reddit, rumors of Pi listing on Binance are spreading strongly, mainly stemming from several multi-million dollar on-chain transactions involving wallets labeled “Binance”.
Community Divided: Hope and Skepticism
While some Pioneers are optimistic that this announcement could be a real turning point, many are skeptical. Pi user Arash shared:
“Don’t be surprised if it turns out to be just a promise or gets delayed like the previous Pi Day.”
However, others remain confident that a long-term plan is underway to control supply and ensure the sustainability of the ecosystem.
Market Reacts: Pi Coin Surges 188%
Pi has rebounded 188% from its low of $0.40 in early April, rising to nearly $1.15 this week – a gain of more than 101% in just a few days. However, Pi is still down more than 60% from its all-time high (ATH) of $2.99.
Notably, a large whale recently dumped 100,000 Pi at once, causing a temporary market correction. However, the overall market sentiment remains in a positive recovery.
Why is all this important?
Consensus 2025 is not just about Pi Network. The event brought together many prominent figures such as:
Eric Trump
Anthony Scaramucci
Kevin O'Leary
Charles Hoskinson (Cardano)
In the past, major announcements at Consensus have created strong price waves across the market. If Pi Network releases a milestone announcement, the current momentum of Pi coin could completely turn into a real bull run.
Conclusion:
All eyes are on the Toronto stage. Is Pi Coin preparing to explode for real, or is it just another missed appointment? The answer will be clear in the next few hours or days.