Why is the price of Pi Network (PI) up double digits today?

Recent PI volatility continues.

Although most of the cryptocurrency market is slightly in the red on a daily scale, as BTC fell to $112,000 on Tuesday night, the Pi Network token is back on the offensive with another double-digit rise.

The asset has recovered more than 50% from the all-time low recorded during the market crash on October 10. Even so, it is still 91% below its all-time high on February 26.

In terms of why this substantial rise in PI tokens is occurring today, the answer could be out of the ordinary. The official news channel of the Pi Network Core Team has only recycled information on the number of verified users, which was already reported days ago.

However, Cointelegraph aware about rumors that surfaced a few days ago, indicating that Pi Network has joined the ISO 20022 race along with other reputed names like Ripple and Stellar.

Although these speculations are not new, the hype coming from the mainstream media could be the catalyst for today’s impressive rise that took PI above $0.26 once again. Aside from the current 16% pump, the asset is also up 30% weekly.

However, the ever-vocal Pi Network community was quick to pick up on the price rally and outlined some important predictions. Another

This chart looks exceptional and bullish.

This reminds me a lot of Solana’s chart from 2020, when SOL was still trading at around $0.60.

Pi Network’s smart contract feature is coming and its dot (.) is changing everything😉#PiRed #Bitcoin #Ethereum #solarium #Binance pic.twitter.com/5u7ZATmgco

– Pi Network News Global 𝛑 (@PiNewsGlobal) October 29, 2025

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PiScan data shows that the average daily number of tokens to be unlocked in the next month is around four million, which is not as high as the eight or nine million seen over the summer. Therefore, the selling pressure on the asset could be lower in the next 30 days, which could lead to price stabilization.