Pi Network is making headlines, with it’s price surging more than 25% in the last 24 hours. Pi Coin is now nearing the important $1 mark. With exciting updates ahead, Pi is on track to become a major player, where users can mine and trade Pi like never before. Here are the steps you need to follow to buy and sell Pi Coins.
How To Buy Pi Coin?
Choose an Exchange: Pick a well-known and trusted exchange that supports Pi Coin trading. As of May 2025, you can find Pi Coin (PI) on platforms like OKX, MEXC, BitMart, Bitget, KuCoin, and Bybit.
Sign Up and Complete KYC: Register on the exchange and complete the Know Your Customer (KYC) process, depending on the region, by submitting necessary identification documents.
Deposit funds in your account using available methods or other payment options supported by the exchange.
Next, search for “Pi Coin” or “PI” on the exchange platform. Select the appropriate trading pair (e.g., PI/USD, PI/USDT, or PI/ETH).
Place an Order: Choose your order type (market or limit), enter the amount of Pi Coin you want to purchase, and confirm the transaction.
For extra security, you can transfer your Pi Coins to a personal wallet and enable two-factor authentication (2FA) to protect your account.
How To Sell Pi Coins?
If you have a Pi account and have migrated your coins to the Mainnet, you are ready to sell the coins. You’ll also need the Pi Browser app to create a Pi Wallet and complete your KYC verification.
Further, if you plan to hold the funds after selling, you can move them to a non-custodial wallet for better security.
Create an Account – Sign up on a trusted exchange that supports Pi and complete the KYC verification process. Make sure to avoid the exchanges that Pi Network community has not recognised officially.
Find Your Trading Pair – Search for the particular Pi trading pair like PI/USDT, PI/EUR, or PI/BTC.
Place A Sell Order – Next, place a sell order. In case of a market order, you can sell instantly at the current market price. In a limit order, you can set a specific price and wait for it to be matched.
Withdrawal – Once your order is complete, the balance will usually be updated in USDT or the base currency. You can then choose to withdraw to a crypto wallet, convert to fiat, or swap to another crypto.
Tips When Choosing an Exchange
Look for low trading fees and small price spreads (difference between buy and sell prices).
Pick platforms with high trading volume and strong liquidity, so trades go through quickly and at good prices.
Avoid exchanges not officially recognized by the Pi Network community.
Over the past few months, Ethereum has experienced a significant decline in user activity on its blockchain. This slowdown has reduced the network’s burn rate—a mechanism that helps decrease ETH supply over time.
With fewer tokens being burned, ETH’s circulating supply has risen, putting inflationary pressure on the asset. As a result, the coin has struggled to maintain a stable price above the $2,000 level in recent months.
Low Burn Rate Equals More Coins in Circulation
According to Ultrasoundmoney, 72,927 ETH, valued at $134 million at current market prices, have been added to ETH’s circulating supply in the past month alone.
At press time, this sits at 120,730,199 ETH, significantly above pre-merge levels.
This increase in ETH’s supply is driven by a decline in user activity on the Ethereum network, reducing its burn rate. Ethereum’s burn mechanism, introduced through EIP-1559, destroys a portion of transaction fees to reduce the circulating supply of ETH.
However, this mechanism is directly tied to network usage. So, when fewer transactions occur like this, less ETH is burned, resulting in ETH’s supply spiking.
According to Etherscan, the daily amount of ETH burnt has dropped by 95% year-to-date. In fact, the network recently recorded its lowest amount of coins burnt in a single day on April 20.
Many users and developers are migrating from Ethereum to Layer-2 (L2) solutions like Optimism and Arbitrum. These networks offer significantly lower transaction fees and faster execution, reducing user activity on Ethereum’s mainnet.
For example, as of April 30, the average transaction fee on Optimism’s mainnet was just $0.024. By contrast, completing a transaction directly on Ethereum cost users an average of $0.18 on the same day, which is over seven times more expensive.
Optimism Average Transaction Fee. Source: Dune Analytics
Moreover, thanks to the recent meme coin mania, “Ethereum killers,” such as Solana, have gained significant traction over the past few months, drawing users away from the L1.
Together, these trends have led to a decline in Ethereum’s transaction count, hence the network’s low burn rate.
How Do Ethereum’s Fundamentals Stack Up?
The drop in Ethereum’s user demand and the subsequent rise in ETH’s supply have raised important questions about the strength of its fundamentals.
When asked how Ethereum currently compares to other Layer-1 (L1) networks amid broader market weakness, Vincent Liu, Chief Investment Officer at Kronos Research, offered his perspective.
“Ethereum’s fundamentals remain strong relative to other Layer 1s, particularly when you consider its total value locked (TVL) of $368.921 billion, which positions it at the top of the leaderboard,” Liu said.
Although Liu acknowledged that Ethereum ranks fifth in 24-hour fees, behind Tron, Solana, HyperLiquid, Bitcoin, and BNB Chain. He emphasized that the network still “demonstrates significant demand and usage.”
Temujin Louie, CEO of Wanchain, shares a similar perspective. While speaking with BeInCrypto, Louie noted:
“Compared to other Layer 1s, fundamentals remain Ethereum’s strength. Unlike many Layer 1s with aggressive inflation as part of their design, Ethereum’s post-merge architecture makes it potentially deflationary. However, the benefits of EIP-1559 depend on on-chain activity. Nevertheless, this is a structural advantage over most competing Layer 1s.”
While increased activity across Layer-2 (L2) solutions and “Ethereum killers” like Solana may have contributed to a decline in user demand on Ethereum itself, Louie believes that the L1 network “remains a leader in decentralization and has a near-unmatched track record that continues to secure its place in the market.”
What About ETH Price?
Even with strong fundamentals, declining activity on Ethereum poses challenges for ETH in the short- to mid-term. Commenting on this, Liu explained that lower network activity generally signals weaker demand for ETH.
At the same time, increased coin issuance on the network undermines Ethereum’s deflationary model, which was designed to support price appreciation.
“This combination could result in bearish price movements,” Liu warned, “especially as investors look to alternative Layer 1s offering better scalability and lower fees.”
Kadan Stadelmann, CTO of Komodo Platform, also highlighted the role of macroeconomic factors:
“If Ethereum experiences an extended decrease in usage, the price could fall considerably depending on how much use drops, especially if the Fed continues its policy of quantitative tightening compared to quantitative easing. Short-term, this could mean price drops down to the $2,000 range. If the trend continues, however, then Ethereum could find itself in a prolonged consolidation period or outright downtrend.”
ETH Eyes $2,000 Breakout Amid Strengthening RSI
ETH currently trades at $1,834, noting a 1% price dip over the past day. Despite the brief pullback, the bullish pressure in the coin’s spot markets continues to strengthen, reflected by the coin’s climbing Relative Strength Index (RSI).
At press time, this momentum indicator is at 57.68. ETH’s RSI readings signal growing bullish conditions. This indicates that the altcoin has room for upward movement if buying pressure increases.
In this scenario, its price could break above $2,027.
Altcoins today have just formed a golden cross for the first time in four years, a technical indicator historically associated with long-term bullish trends. While Bitcoin dominance sits at 63.6%, a steady BTC price rise often leads to an inflow of volumes into altcoins. However, with the Altcoin Season Index still at 17/100, the broader market has only just started waking up, suggesting significant upside potential remains.
Virtuals Protocol:
VIRTUAL price has rallied sharply, up over 137% in just one week, which was mainly fueled by hype around its Genesis Launch and the upcoming TOKEN2049 Dubai panel appearance by its CEO. Trading near its upper 24H range, it recently tested the $1.68 zone with massive volume exceeding half a billion dollars.
The VIRTUAL price is nearing a key resistance at $2.80, with minor support at $1.45. If the hype sustains, Virtuals could easily 2X from current levels of $1.63, especially if the event delivers any fresh announcements.
Akash Network’s buzz is driven by it being the only decentralized platform offering on-demand access to Nvidia H100s, which has made it highly attractive to AI startups. On the daily chart, the AKT token price recently broke through the $1.70 region, reclaiming the 9-day SMA at $1.32.
The RSI has surged to 75.39, placing the asset in overbought territory. If the price consolidates above $1.70, a push toward $2.40 and $3.80 remains well within reach.
Sui’s Total Value Locked (TVL) has reached an all-time high of $1.8 billion, driven by the success of lending platforms like Suilend and NAVI Lending, which collectively account for a significant portion of the network’s assets. With a current price of $3.67 and psychological resistance at $4.50, Sui has climbed nearly 70% over the last 14 days, reflecting strong investor confidence.
If I invest $1 in Sui today, what will my investment be worth by the end of this month?
If Sui hits $5, your $1 could be worth ~$1.37 by month-end
Will Dogecoin hit an all-time high this year?
Dogecoin could hit a new ATH if BTC rallies, retail FOMO returns & Musk boosts it. However, it will still need to 2X.
What is Bitcoin price today?
Bitcoin price is presently changing hands at $96,098.04
The post Top 3 Altcoins to Buy for 100% Surge this May! appeared first on Coinpedia Fintech News
Altcoins today have just formed a golden cross for the first time in four years, a technical indicator historically associated with long-term bullish trends. While Bitcoin dominance sits at 63.6%, a steady BTC price rise often leads to an inflow of volumes into altcoins. However, with the Altcoin Season Index still at 17/100, the broader …
Hedera (HBAR) is showing mixed signals as it hovers at a key technical juncture. Its market cap is currently at $7 billion. Despite signs of growing momentum, trading volume has dropped 27% in the last 24 hours, now sitting at $104.29 million.
While indicators like the RSI and EMA lines hint at a potential bullish breakout, the BBTrend remains negative, suggesting that trend strength is still fragile. For now, HBAR’s price movement reflects a market in transition, caught between fading volatility and early signs of renewed interest.
HBAR Trend Weakness Eases, But Momentum Still Lacking
Hedera’s BBTrend indicator is currently at -3.53 and has remained in negative territory for nearly three consecutive days. Just yesterday, it hit a recent low of -5, signaling particularly weak trend strength during that period.
Although it has slightly recovered, the fact that BBTrend remains below zero indicates that momentum is still lacking, and the price action is showing limited direction or energy.
This prolonged dip suggests that HBAR may be stuck in a period of consolidation or at risk of entering a broader downtrend if no bullish momentum emerges.
BBTrend, or Bollinger Band Trend, measures the strength and volatility of a price trend by analyzing the expansion or contraction of Bollinger Bands.
Positive values typically suggest strong directional movement, while negative values point to weakening trends and reduced volatility. With BBTrend still sitting at -3.53, HBAR remains in a low-energy zone where neither buyers nor sellers are taking clear control.
Unless the indicator returns to positive territory, HBAR may continue to drift sideways or gradually decline, reflecting market indecision and a lack of strong conviction.
HBAR Builds Momentum as RSI Climbs
Hedera’s RSI (Relative Strength Index) is currently at 55.70, rising from 45 just two days ago. This upward move reflects increasing bullish momentum, showing that buying pressure has picked up after a short period of weakness.
While the RSI remains below overbought levels, the steady rise suggests growing interest in HBAR and a potential continuation of its current upward push, provided that momentum sustains.
The RSI is a momentum oscillator that measures the speed and magnitude of recent price changes, typically on a scale from 0 to 100. Readings above 70 are generally considered overbought, while those below 30 are viewed as oversold.
With HBAR’s RSI now at 55.70, it sits comfortably in neutral-bullish territory, indicating room for further upside before reaching overheated conditions.
If this trend continues and RSI edges closer to 70, it could support a short-term rally—but also raise caution for potential exhaustion ahead.
Hedera Set for Bullish Crossover, But Risks Remain Below $0.153
Hedera’s EMA lines are currently showing signs of a potential golden cross forming, which could signal a shift toward a bullish trend. If this crossover happens and momentum strengthens, Hedera’s price may test the resistance at $0.178.
A breakout above that level could pave the way for a move toward $0.20. If the rally accelerates, prices could climb to $0.258, marking the first time HBAR trades above $0.25 since early March.
The upward slope in short-term EMAs reflects growing optimism, but confirmation will depend on volume and price action in the coming sessions.
However, downside risks still remain. If HBAR fails to hold the support level at $0.153, bearish pressure could drag the token down to $0.124.
While technicals are currently leaning bullish, the price remains at a crucial crossroads, with both breakout and breakdown scenarios in play. Until a clear direction emerges, traders should watch these key levels closely.
