Pi Network's native token, PI, saw an 11.35% rise in one day, trading at $0.8173 with a market value of $5.86 billion.
Bitcoin reached a new high of $109,175.33 with a 4.26% daily gain, contributing to positive market sentiment for altcoins like PI.
PI's trading volume surged to 77.4 million tokens, amounting to a turnover of $60.61 million, reflecting increased market activity around the token.
Investors are optimistic about PI's recovery, eyeing a breakout past key resistance levels soon as technical indicators and market trends point towards a potential upward movement.