BREAKING: Pi Network Surges 21.5% to $0.187 in 24-Hour Rally

Pi Network (PI) has experienced a dramatic 21.5% price surge in the past 24 hours, reaching $0.186858 as of February 15, 2026, marking one of the cryptocurrency’s strongest single-day performances since its recent all-time low.

The mobile-mined cryptocurrency’s market capitalization has swelled by $280.7 million in the past day, pushing its total valuation to $1.67 billion and securing the #49 position in global cryptocurrency rankings. Trading volume has reached $53.1 million, indicating substantial trader interest in the rally.

Short-Term Momentum Accelerates

Pi Network’s price movement has shown remarkable strength across multiple timeframes. The token has gained 28.7% over the past seven days, demonstrating sustained upward momentum beyond today’s rally. Even on a 1-hour basis, PI has climbed 5.5%, suggesting continued buying pressure at current levels.

The 24-hour trading range saw PI reach a high of $0.186389 after bottoming at $0.150011, representing a 24.2% intraday swing that caught many traders’ attention.

Recovery From Recent Lows

Today’s surge represents a significant recovery from Pi Network’s all-time low of $0.131244, reached just four days ago on February 11, 2026. The current price sits 39.7% above that historic bottom, suggesting a potential shift in market sentiment.

However, PI remains 93.9% below its all-time high of $2.99, recorded on February 26, 2025—exactly one year prior to this writing. The 30-day performance shows an 8.9% decline, indicating the recent rally comes after a difficult monthly period for holders.

Supply Dynamics and Valuation

With 9.01 billion PI tokens in circulation from a total supply of 13.87 billion, the network’s fully diluted valuation stands at $2.56 billion. The maximum supply cap of 100 billion tokens suggests significant inflationary pressure remains a long-term consideration for investors.

Market Context

Pi Network launched its mainnet in February 2024 after years of closed mainnet operation, allowing the previously mined tokens to achieve market liquidity. The project claims millions of users who mined PI through its mobile application, though the token’s price discovery process has been volatile since achieving exchange listings.

Traders should note that cryptocurrency markets remain highly volatile, and double-digit percentage moves can reverse quickly. The current rally’s sustainability will depend on whether buying pressure continues and broader market conditions remain favorable.