$PI Pi Network Breaks Through a One-Year Resistance, Analysts Draw a 1,400% Rebound Path, Target Price $2.80

Gate News, April 28 — Pi Network has broken through a resistance level that has held for more than a year, reigniting market interest in this cryptocurrency. The event took place ahead of Consensus 2026 in Miami, where the project’s founder has arranged to attend and speak at the conference. With 10.2 billion tokens currently in circulation and a market capitalization of $1.91 billion, Pi ranks within the top 50 by global market cap.

On X, cryptocurrency analyst Javon Marks highlighted this technical breakout, saying Pi has completed a clear breakout and retest of a resistance trend that has lasted for a year. Based on this structure, Marks predicts the potential upside could reach 1,400%, pointing to $2.80—suggesting the cryptocurrency may be in the early stages of a major uptrend. Marks wrote: “The price could rise by more than 1,400% to around $2.80, and this may only be the early phase of the process.”

Currently, Pi is trading at $0.1819, far below its all-time high of $2.98 reached in February 2025, but significantly above its recent low of $0.1312 recorded in early 2026. However, analysts remind that some claims circulating in the community—including political support, positioning as a “new world currency,” and confirmed regulatory links—lack official verification. While Pi’s ecosystem and adoption narrative continue to evolve, these broader assertions have not yet been confirmed.