The crypto market constantly sees new assets emerge, but not all make a lasting impact. Some coins slowly gain value, while others quickly lose momentum.
Pi Coin (PI) initially caused a stir when it launched, surging to an all-time high of $2.98 shortly after hitting the market. However, the excitement faded as the coin’s value plunged, now sitting about 75% below that peak. As April unfolds, investors are left wondering whether the asset can stage a comeback.
Entering the second quarter, the broader crypto market displayed positive momentum, with several coins recording notable gains. Pi Coin also saw a slight uptick, trading at $0.7182 after a 2.29% rise in the past 24 hours.
Despite this improvement, concerns remain as the coin recently hovered near its all-time low of $0.6152, trading as low as $0.6858 on March 31. Currently, it remains just 16.73% above this lowest point.
Looking ahead, some predictions suggest a potential turnaround for PI by the end of April. Analysts at CoinCodex anticipate a significant rise, forecasting a 291% increase by April 26, which could push the coin’s price to around $2.83.
If this projection holds, the final days of the month may see triple-digit gains, offering a possible rebound from its current struggles. Whether this bullish outlook materializes remains to be seen, as the market continues to watch PI’s next move.
Momentum is building around Solana (SOL), with some market watchers suggesting it could soon surpass Ethereum (ETH) in performance if the crypto market heats up again.
A closely watched crypto analyst, known as InvestAnswers, believes that while Bitcoin (BTC) remains in a clear uptrend, Solana (SOL) is positioned to outperform the leading cryptocurrency.
Bitwise, a leading crypto asset manager, has taken an early step toward launching a NEAR Protocol-based exchange-traded fund (ETF).
SUI’s price jumped from $2.98 to $3.77 on April 25, 2025, before it went back to $3.68 at the time of writing marking a 25% daily gain and pushing its market cap to roughly $12.25 billion.