Pi Network Breaks Through One-Year Resistance, Analysts Draw 1,400% Rebound Path, Target Price $2.80Gate News, April 28 — Pi Network has broken through a resistance level maintained for over a year, reigniting market interest in the cryptocurrency. The event occurred ahead of Consensus 2026 in Miami, where the project's founder has scheduled to attend and speak at the conference. Currently, there are 10.2 billion tokens in circulation, with a market capitalization of $191 billion, placing Pi among the top 50 cryptocurrencies by global market cap. Cryptocurrency analyst Javon Marks emphasized this technical breakthrough on X and stated that Pi has completed a clear breakout and retest of a year-long support trend. Based on this structure, Marks predicts a potential upward move of up to 1,400%, pointing to $2.80, indicating that the cryptocurrency may be in the early stages of an important upward trend. Marks wrote, “The price could rise over 1,400% to about $2.80, and this may just be the early phase of the process.” Currently, Pi is trading at $0.1819, well below its all-time high of $2.98 reached in February 2025, but significantly higher than its recent low of $0.1312 recorded in early 2026. However, analysts caution that some claims circulating within the community—including political support, positioning as a “new world currency,” and confirmed regulatory links—lack official verification. Although Pi’s ecosystem and adoption narrative are still evolving, these broader assertions remain unconfirmed at this time. $PI