The Pi Network token skyrocketed 38% this week as rumors swirled about a potential artificial intelligence (AI) collaboration with tech giant Google. The surge comes just days before Pi Network’s highly anticipated Pi2Day event, where the project is expected to unveil major updates.
At its peak, the Pi Network token hit $0.65, up from $0.47 earlier in the week, before settling at $0.57 at press time. Traders and investors are betting big on what the upcoming announcement could mean for the ecosystem.
Google AI partnership rumors fuel speculation
The buzz began when Pi Network co-founder Nicolas Kokkalis appeared on a generative AI panel at Consensus 2025, hinting at possible AI advancements within the Pi ecosystem. Shortly after, Pi Network teased an announcement on X (formerly Twitter), stating that answers would come at the Pi2Day event this Saturday.
Social media exploded with theories, including claims that the Pi Network token could be integrated with Google’s AI division. One user pointed out that a star logo in Pi’s promotional material resembles Google’s AI branding, while others speculated about a project called PiAI.
However, not everyone is convinced. Some community members urged caution, warning against overhyping the event.
“Lower your expectations to avoid disappointment,” one X user advised.
Pi Network’s seven-day price chart. Source: CoinGecko.
Critics question Pi Network’s long-term value
Despite the excitement, skepticism remains. Some blockchain enthusiasts argue that the Pi Network token lacks innovation compared to competitors.
“Other projects have already done what Pi is attempting,” one critic noted, calling for more transparency.
Cointelegraph reached out to Pi Network for comment but has yet to receive a response.
$100M startup fund adds to bullish momentum
The recent price surge follows another major development: Pi Network’s launch of a $100 million startup fund last month. The initiative aims to boost adoption by funding businesses that enhance the Pi Network token’s utility.
While most investments will be in US dollars, the project also plans to use its native Pi Network token for eligible ventures. This move has further fueled optimism among holders.
What’s next for the Pi Network token?
With the Pi2Day event just around the corner, all eyes are on Pi Network. Will the announcement justify the hype, or will it fall short of expectations?
For now, the Pi Network token remains one of the most talked-about assets in crypto. If the rumors hold weight, this could be just the beginning of a major breakout.
Sunderland-born crypto enthusiast, cycling fanatic, and wordsmith. As co-founder and lead editor of The Bit Gazette, Mark combines his passion for blockchain with a knack for breaking down complex stories into engaging content. When he's not tracking the latest crypto trends, you'll find him on two wheels—exploring backroads or clocking miles on his favorite cycling routes. Dedicated to delivering sharp, insightful journalism in the fast-moving world of digital assets.
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