The value of Pi Network's PI token surged by 15% within the last 24 hours, reaching a price point over $1.70.Some analysts are now questioning whether PI could potentially challenge Cardano's established position in the crypto rankings during Q2.Despite impressive growth, PI faces significant hurdles to become competitive with Cardano, as ADA currently commands a $25.2 billion valuation.Pi Network's unique approach to cryptocurrency mining on smartphones has resulted in a global community of over 70 million users.