- Pi Network (PI) has climbed to 11th place in global cryptocurrency rankings on CoinMarketCap, surpassing established altcoins like Hedera, Chainlink, and Stellar.
- Despite a broader market downturn with Bitcoin falling nearly 9% due to Trump's tariff announcements, PI posted gains of over 3%.
- With a market cap of approximately $12 billion, PI is now just behind Tron (TRX) in 10th place, which has a $20 billion market cap.
- The ranking update marks a significant milestone for PI's community and demonstrates growing adoption and investor confidence in the project.
Date: Tue, March 04, 2025 | 05:23 AM GMT
Pi Network (PI) continues to make waves in the crypto space, securing an impressive position in global rankings despite the broader market downturn. The cryptocurrency world just took another hit today, with Bitcoin (BTC) plunging nearly 9% after U.S. President Donald Trump announced a 25% tariff on goods from Mexico and Canada.
However, Pi Network (PI) has defied the trend, posting gains of over 3% following a significant development.
Pi Network (PI) Climbs to 11th Place in Global Crypto Rankings
The Pi Network (PI) community has been celebrating a major milestone as CoinMarketCap, one of the top crypto tracking platforms, has officially updated PI’s ranking. This much-awaited update, widely requested by the community since PI’s listing, marks a new era for the project.
As of today, Pi Network (PI) now holds the 11th spot in the global cryptocurrency rankings, surpassing well-established altcoins such as Hedera (HBAR), Chainlink (LINK), and Stellar (XLM). This achievement underscores the strong community backing and growing adoption of PI in the crypto ecosystem.
PI vs. TRON – A Close Battle for the Top 10
With a market capitalization of approximately $12 billion, Pi Network (PI) is now just one step away from breaking into the top 10. It currently sits behind Tron (TRX), which holds the 10th spot with a market cap of $20 billion. Given PI’s current momentum, a further surge could soon see it challenging TRX for a place in the elite top 10 rankings.
Despite market uncertainty, Pi Network’s strong performance signals growing confidence among investors and users alike. The project’s ability to maintain an upward trajectory in turbulent market conditions further strengthens its position as a formidable player in the cryptocurrency space.
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