3 Top Reasons Pi Network Price Surging Today (14 Feb)

Pi Network Price surged by 7.41%, climbing to $0.162 in the last 24 hours, reversing a week-long bearish trend. The price has remained above the $0.15 mark, with a recovery from the year’s low of $0.1302. 

Let’s uncover 3 reasons behind this surge.

Pi Network’s Upcoming Mainnet Upgrade Fuels Price Surge

Pi Network has set a deadline of upgrading all the Mainnet node operators to version 19.6 before February 15, 2026. 

The update will focus on optimized performance, better security, and scalability to support long-term network growth. By February 2026,over 16 million users have successfully switched to the Mainnet.

The service also undergoes palm-print authentication trials to advance KYC operations, account recovery and two-factor authentication. Moreover, Pi Network is increasing its ecosystem, including Pi DeFi, PiDAO governance and universities innovation hubs. The project hopes to be listed on regulated European exchanges in the end of 2025 after submitting its MiCA whitepaper.

U.S. Inflation Slows in January, Sparking Speculation of Interest Rate Cuts

Inflation in the U.S. was also exhibiting slowing at the beginning of the year with the Consumer Price Index (CPI) dropping to 2.4%in January as compared to 2.6% in December.

This was a little lower than the anticipated 2.5%. In the meantime, the core inflation was stable at 2.5%. This information gives an idea that the Federal Reserve might introduce three interest rate reductions this year, as there is a downtrend in inflation.

Broader Crypto Market Boosts Pi Coin

The cryptocurrency market has surged by 4.84%, reaching a total value of $2.4 trillion within the past 24 hours. Inflation in the U.S. has been experiencing a deceleration as the Consumer Price Index (CPI) decreased to 2.4 in January compared to 2.6 in December.

This was slightly lower than the anticipated 2.5%. In the meantime, core inflation was stable at 2.5%. This information elicits speculation that the Federal Reserve might apply three interest rate cuts this year as inflation trends ease.

Will Pi Network Price Rally To $0.20 Soon?

The latest Pi Network coin surged to $0.1612, reflecting a gain of +5%. Technical indicators support this increase, and this may lead to even more upward movement.

The Relative Strength Index (RSI) is at 66, indicating that Pi Network is close to an overbought market.

The Chaikin Money flow (CMF) of 0.41 reveals that the buying momentum is strong and is in favor of the bullish trend.

If the future Pi network outlook maintains its upward momentum, the next resistance point is likely at $0.17. A successful breach of this level could push Pi Network to $0.1750 to $0.20 in the short term.

In case the coin price of Pi falls even further, the next areas to look at as support would be $0.15 and $0.1450. A lower break of $0.14 may be an indication of further pull back, and the possible targets may be about $0.14.