Pi Network has now been downloaded over 120 million times worldwide. In the last 30 days alone, it gained 1.3 million new users — a strong sign of growing global interest in decentralized finance. The project, started by Stanford PhDs, has over 55 million members and aims to create a fair and open financial system for everyone.
#BREAKING Pi Network Surpasses 120 Million Downloads: A Global Movement Gaining Unstoppable Momentum
In a world rapidly evolving toward decentralized finance and digital inclusion, one project stands out as a beacon of hope and innovation — Pi Network. As of today, Pi Network… pic.twitter.com/KKbbYdjiuf
In other news, Banxa has received K.Y.B (Know Your Business) approval to sell Pi Coin worldwide. This is a big deal, as it opens the door for global buying and selling of Pi. According to reports, Banxa had earlier purchased over $30 million worth of Pi, and now plans to sell it worldwide.
Pi Coin Price Fails To React?
However, the price of Pi Coin (PI) is currently under pressure. It has been stuck in a consolidation phase for around 40 days and is now trading just above $0.58. The coin needs to reclaim the $0.60–$0.62 range with strong volume to regain momentum.
Technical indicators show weakness: the price is below its 10, 20, and 50-day moving averages, the RSI is near 40 (indicating weak buying interest), and the MACD shows no sign of a bullish reversal. Traders remain cautious while major token unlocks continue.
Pi Coin launched at around $2 and quickly rose to $2.90. It was listed on five exchanges and even appeared in the top 11 on CoinMarketCap. But after that, the price dropped, falling as low as $0.40. Many began doubting the project, calling it useless.
While the network’s growth is strong, the next few weeks will be crucial for the price direction of Pi. Still, for many in the Pi community, the long-term vision matters more than short-term price moves.
Ethereum’s price rally in May reignited investor interest in ETH-backed exchange-traded funds (ETFs). During the 31-day period, capital inflows into these investmemt products exceeded $550 million, marking the highest monthly netflow into ETH ETFs since the year began.
While the coin’s price has witnessed a pullback over the past week, technical indicators hint at a possible near-term rebound.
ETH ETFs Log Highest Monthly Inflows of 2025
According to data from SosoValue, ETH spot ETFs recorded a combined inflow of $564.18 million in May, surpassing all previous monthly totals this year.
Total Ethereum Spot ETF Net Inflow. Source: SosoValue
The influx of capital was largely driven by ETH’s strong performance, with the leading altcoin breaking above the critical $2,000 level and attempting to consolidate gains above $2,500 during the month. This renewed bullish sentiment encouraged institutional investors to increase their exposure through spot ETFs and position ahead of a sustained rally in the coin’s price.
Ethereum Prepares for Next Leg Up
Readings from the daily chart show that ETH witnessed a 49% surge between May 8 and May 13, before settling into a consolidation phase that has now formed a bullish pennant pattern.
A bullish pennant pattern is formed when a strong upward price movement (flagpole) is followed by a period of consolidation that resembles a small symmetrical triangle (the pennant). This pattern suggests that buyers are temporarily pausing before continuing the uptrend.
If ETH breaks out of the pennant to the upside, it could trigger a renewed rally that mirrors the initial 49% surge. Such a breakout would confirm continued bullish momentum and attract additional capital inflows.
Moreover, the coin’s funding rate continues to print values above zero, indicating a preference for long positions even amid the ongoing consolidation phase. As of this writing, ETH’s funding rate stands at 0.0046%.
A positive funding rate like this means that long-position holders are paying short-position holders, indicating bullish sentiment and that more traders are betting on price increases.
Ethereum’s Next Move: Can Bulls Push ETH 49% Higher From Here?
ETH currently trades at $2,489, sitting above the lower line of its pennant, which forms support at $2,479. If a bullish breakout occurs, ETH’s price could rally by the flagpole’s length (49%) to trade at $3,907.
Ethereum price surged 12% in four days, overtaking Solana and XRP as Trump’s policy shift boosted risk appetite across global markets.
Ethereum’s Undervalued Status Powers Late Rally Over SOL and XRP
Ethereum price broke above $1,825 on April 25, marking its highest level in 50 days. Despite a sluggish start to the week, ETH now posts a 12% gain on the weekly timeframe, overtaking top Layer-1 rivals Solana (SOL) and XRP.
A major driver of Ethereum’s late rally was its undervalued status. At the start of the week, ETH struggled for traction, consolidating below $1,600 for a 14-day stretch between April 9 and April 23.
While ETH remained stuck under the $1,620 resistance, Bitcoin (BTC), XRP, and Solana had already broken major psychological barriers—$90,000, $2.20, and $150 respectively—earlier in the week.
Investors sitting on sidelined capital viewed ETH as undervalued relative to the broader market.Rapid inflows pushed Ethereum price from $1,600 on April 22 to $1,825 by Saturday, April 26—a 12% surge in just four days.
Ethereum price overtakes Solana and XRP on Weekly Timeframe, April 26 | Coingecko
Ethereum’s late rally now places it ahead of Solana and XRP in weekly performance, with the latter two posting 5.3% and 6.9% gains, respectively, according to CoinGecko data as of April 26.
Bullish Investors Stake 91,000 ETH Amid Rumors of Institutional Migration From Ethereum to Solana
Trends observed on the Ethereum 2.0 staking network further affirm the narrative that investors piled into ETH following Trump’s tariff rollback hints earlier this week.
According to official Beacon Chain data, Ethereum has witnessed a consistent flow of new deposits since April 22.
As seen on Beaconcha.in, total ETH staked stood at 34,055,790 on April 22.
Ethereum staking deposits as of April 26 | Beaconcha.in
Following Trump’s announcement of a call with Chinese President Xi Jinping, deposits steadily climbed, reaching 34,146,222 ETH at press time on April 26.
This reflects an increase of 90,432 ETH—equivalent to approximately $164 million at current market prices.
Increased staking typically impacts asset prices positively for two key reasons: First, it reduces the circulating supply of tradable ETH on exchanges, tightening liquidity during periods of strong demand.
This supply shock helped ETH outpace rivals SOL and XRP on the weekly timeframe, despite its slow start.
Second, rising staking participation signals continued confidence among Ethereum’s core developers and large investors in the network’s long-term viability.
Such moves often encourage neutral traders and new entrants to take long positions.
Additionally, Ethereum staking enforces time constraints on liquidity.
According to validator platform Figment.io, withdrawals from the Beacon Chain can take up to nine days.
This lock-up period means the $164 million in new staking deposits will not be available for instant sell-offs, helping to establish strong short-term support for ETH even if broader market sentiment softens next week.
Ethereum Price Forecast Today: ETH Eyes $1,950 if Momentum Holds Above $1,800
Ethereum price is hovering above $1,802 at press time on April 26, as bulls look to set a strong bullish cluster above the key psychological $1,800 level.
The Keltner Channel indicator shows ETH rebounding from near the lower band at $1,511, with ETH price action now targeting the midline resistance at $1,928.
Volume Delta confirms bullish momentum, printing a positive 47,260 ETH on the latest session, the highest in two weeks.
The Relative Strength Index (RSI) has bounced sharply from oversold territory at 31.74 to 39.58, suggesting strengthening bullish divergence.
Ethereum Price Forecast Today
Ethereum price forecast today suggests a continuation toward $1,928 if buyers maintain dominance. A daily close above $1,850 would validate a trend shift toward the Keltner Channel midline, with $1,950 emerging as the next major resistance.
Conversely, failure to hold $1,800 could expose ETH to renewed selling pressure, with immediate downside risk to $1,700 where prior consolidation occurred.
However, considering the improving Etheruem market volume dynamics and RSI recovery, odds now slightly favor a bullish continuation into early May.
Tesla and X owner Elon Musk has triggered a once-in-a-while parabolic rally for frog-themed memecoin, Kekius Maximus (KEKIUS). This token was created by the billionaire’s followers, who generally track his profile changes on social media platforms. The token was created last year when the Tesla founder first changed his X profile name to Kekius Maximus. This action generally fuels a rapid price breakout for associated tokens. The Elon Musk and Kekius Maximus Link After months, he changed the profile name, the billionaire once again reinstated it, a move many considered a shoutout for the memecoin. Notably, different token variants were created the first time Elon Musk updated his profile photo with the name. One of the variants with the biggest liquidity is KEKIUS. According to data from CoinMarketCap, this token has jumped by 119% in 24 hours to $0.0502. This surge is unusual, as the token maintained an average price… Read More at Coingape.com
#BREAKING Pi Network Surpasses 120 Million Downloads: A Global Movement Gaining Unstoppable Momentum
