Pi Coin is demonstrating notable stability in a predominantly bearish market. While many major cryptocurrencies are experiencing declines, Pi Coin's price has seen a slight increase, trading near $0.2271.
The token has managed to enter the list of top gainers, significantly boosted by a sharp increase in trading volume, which has risen by over 70% in the past 24 hours. This surge in activity has captured the attention of traders.
This trend aligns with observations from MAHIDHAR Crypto, who previously highlighted Pi Network's unusual stability during a period of widespread market anxiety.
An increase in trading volume, a growing number of holders, and a slowly shifting sentiment towards bullishness are all contributing factors. However, the most significant anticipation surrounds the upcoming launch of the Pi Decentralized Exchange (DEX).
When the whole crypto market is in fear, #PiNetwork is showing rare stability and bullish momentum!
— MAHIDHAR CRYPTO (@Mahidhar_Crypto) November 17, 2025
Daily volume is rising, investors are returning, and accumulation of $Pi is getting stronger.
Once Pi DEX launches and Token Creation begins, $Pi will shift gears towards… pic.twitter.com/0FQzXCepNx
Factors Driving Pi Coin's Current Momentum
Much of Pi's current momentum is fueled by anticipation for upcoming developments. The forthcoming Pi DEX and the enablement of token creation are widely expected to introduce much-needed liquidity and utility to the Pi ecosystem.
Previously, Pi Coin's price action has largely been speculative. However, the establishment of a functional DEX is poised to facilitate significant expansion within the ecosystem, enabling functionalities that have not been possible until now.
This anticipation is reflected in the rising accumulation trends. Traders often position themselves strategically ahead of major catalysts, and Pi's recent resilience suggests a considerable number of investors are already increasing their holdings.
In a volatile market environment, a token that maintains its value can often indicate underlying strength and potential for future growth.
Technical Analysis of Pi Coin's Chart
Current chart analysis indicates that Pi Coin's price is consolidating within a more defined range following a successful bounce from local support levels. The price is holding above the mid-range area and exhibits a slight upward trajectory, suggesting steady buying pressure without extreme volatility.
The accompanying rise in volume as momentum improves is also observable. The recent trading candles are showing increased length, which could signal that the market is preparing for a more significant price movement.
If Pi Coin's price can sustain closing above its current short-term range, the conditions for a potential breakout will strengthen as the DEX launch approaches.
The current price structure does not indicate weakness; rather, it suggests a period of patient accumulation. Buyers are actively defending the current price range, and sellers have not been able to exert downward pressure. This environment is often conducive to catalysts having a magnified impact.
Potential Price Trajectory Post-DEX Launch
The potential price movement following the Pi DEX launch is a key focus for traders. A successful launch of the Pi DEX and the commencement of token creation are expected to provide Pi Coin with the necessary liquidity and trading activity to potentially reach higher price levels.
A decisive break above the current near-term resistance could pave the way for a return to higher price zones, with the possibility of establishing a new all-time high if momentum accelerates significantly.
Naturally, the realization of these price targets is contingent upon the timing of the launch and prevailing market conditions. Should Bitcoin dominance remain high or overall market sentiment deteriorate, Pi Coin's price might experience a temporary plateau before a substantial move. However, the current technical setup appears more favorable than that of many other altcoins, and the narrative surrounding Pi is gaining traction.
Pi Coin currently exhibits price stability, increasing trading volume, growing accumulation, and a significant upcoming catalyst in the form of the DEX launch. If the DEX meets trader expectations, Pi could be positioned for a more substantial upward movement than what is currently observed.