{"id":378692,"date":"2025-03-05T21:57:56","date_gmt":"2025-03-05T16:27:56","guid":{"rendered":"https:\/\/dripp.zone\/news\/can-pi-network-jump-to-100-if-the-sec-approves-a-spot-pi-coin-etf-crypto-news\/"},"modified":"2025-03-05T22:00:08","modified_gmt":"2025-03-05T16:30:08","slug":"can-pi-network-jump-to-100-if-the-sec-approves-a-spot-pi-coin-etf-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/can-pi-network-jump-to-100-if-the-sec-approves-a-spot-pi-coin-etf-crypto-news\/","title":{"rendered":"Can Pi Network Jump to $100 if the SEC Approves a Spot Pi Coin ETF? – Crypto News"},"content":{"rendered":"

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The Pi Network price continues to rise in a high-volume environment, beating other popular cryptocurrencies. This surge has coincided with the ongoing adoption and the rising optimism that it will soon be listed on Binance. As a Made in USA crypto, there are some signs that the SEC will approve a Pi coin ETF, a move that would push its price higher.<\/span><\/p>\n

How High Can Pi Network Price if SEC Approves Pi ETF?<\/strong><\/h2>\n

The SEC, under Donald Trump, has become more friendly to the crypto industry. It has already ended major lawsuits on <\/span>companies like Uniswap<\/span><\/a>, <\/b>Coinbase,<\/span> and Gemini.\u00a0<\/span><\/p>\n

There are also hopes that the SEC will start approving various crypto ETFs. The most notable ones are Solana, XRP, and Litecoin.<\/span><\/p>\n

Pi Network has some qualities that would make one of the big financial services companies to apply for a spot ETF. It is a large crypto with a market cap of $13.6 billion and a fully diluted valuation of $195 billion. This makes it bigger than other ETF candidates like Litecoin and Hedera. It is also a <\/span>Made in USA coin<\/span><\/a>, which <\/span>Trump is focusin<\/span><\/a>g on.<\/span><\/p>\n

Further, Pi Network cannot be classified as a security since it is a <\/span>proof of work<\/span><\/a> coin<\/span> like Litecoin and Bitcoin. As such, Pi cannot be accused of being a security since the developers never had a token sale.\u00a0 These features also mean that the Pi Network may be added into <\/span>Trump\u2019s crypto reserve<\/span><\/a>.<\/span><\/p>\n

A Pi Network ETF would likely be a good catalyst for the coin as others have done. For example, the XRP and <\/span>LTC prices rose as ETF approval odds<\/span><\/a> rose.\u00a0<\/span><\/p>\n

Pi Network Price Analysis: Can it Surge to $100?<\/strong><\/h2>\n

The value of Pi coin was at $1.97 on Wednesday, meaning that it needs to rise by almost 5,000% from the current level. Such big moves are possible in the crypto industry. For example, <\/span>Mantra price has jumped<\/span><\/a> by almost 30,000% since December 2023. As such, a Pi coin ETF would be a validation and help to quell concerns that Pi Network was a scam.\u00a0<\/span><\/p>\n

Pi Network price has some solid technicals as it has just formed a falling wedge pattern on the hourly chart. A falling wedge often leads to a bullish reversal, which explains why it has risen to the highest point since March 2. Pi also wants to flip the key resistance level at $1.96, the highest level on March 3.<\/span><\/p>\n

Therefore, the Pi coin token will likely continue rising as buyers target the key level at $3.01. Such a rally would be a 52% surge from the current level. More gains, potentially to $5 will be confirmed if it rises above that price.<\/span><\/p>\n