The post Pi Network (PI) Price Predictions, Important Ripple (XRP) Developments, and More: Recap April 11 appeared on BitcoinEthereumNews.com.

TL;DR PI rose 8% in the last week to just under $0.60 but stays in a downtrend on a longer timeframe. While some expect a rebound above $2.50, the scheduled unlock of 160M tokens this month could trigger selling pressure. Ripple acquired Hidden Road for $1.25B and made progress on the legal front with the SEC. XRP’s price struggles to reclaim $2, while Standard Chartered predicted a massive surge to $12.50 in the next few years. DOGE slid 4% in the past seven days to $0.15. Whales dumped over 1.3 billion tokens earlier this week, which could lead to a further slide. Where’s PI Headed Next? The native token of Pi Network witnessed massive volatility in the past week, with its price ranging between $0.40 and almost $0.75. Currently, it trades just south of $0.60 (per CoinMarketCap’s data), representing an 8% weekly increase. However, the asset remains in a massive downtrend since the all-time high of nearly $3 registered in February. Despite the overall slump, some market observers remain optimistic that PI could chart new solid gains in the near future. Earlier this week, the X user MOON JEFF noted the coin’s resurgence following Donald Trump’s 90-day suspension on most new tariffs, envisioning the formation of a V-shaped curve that might result in a pump above $2.50.  On the other hand, the analyst warned about the increased number of PI tokens scheduled for an unlock later this month. As CryptoPotato recently reported, the total number of tokens released throughout the month will be over 160 million. Almost 10 million PI are set to be freed up on April 18, marking the record day. The substantial unlock this month could lead to a price drop if holders choose to sell their long-awaited assets. PI’s current circulating supply is around 6.86 billion tokens, but more than 5.1…

---

Filed under: News - @ April 11, 2025 9:30 am