The last few days have been eventful for Pi Network’s PI, Cardano’s ADA, and Ethereum’s ETH. Let’s break down how they have performed and what the future might look like for each, according to experts.
What’s Happening With PI?
Pi Network is a cryptocurrency project that aims to make mining digital coins easier for people. Its native token, PI, has been trying to stabilize at the $0.20 level over the past week. Right now, PI is trading around $0.205 according to data from CoinGecko. This is a small drop of 1.5% from last week but a massive 93% crash from its all-time high of $3 seen at the beginning of 2025.
Recently, many PI tokens have been moved from exchanges to personal wallets. When this happens, it usually reduces the pressure to sell and can signal that people are optimistic about the future price. Around 1.2 million coins were moved off centralized exchanges in just one day earlier this week, according to reports.
However, the community is split on what PI might do next. Some people feel disappointed with the project and don’t believe the token will recover. Others, like X user @Web3_Vibes, think PI could go up after holding steady at a support level of $0.192.
How is ADA Performing?
Cardano is a blockchain platform designed to be scalable and compliant with regulations. Its native cryptocurrency, ADA, hasn’t done well in the past week. It lost about 14% of its value and is now worth approximately $0.36.
Some experts think ADA might fall even more in the short term. X user @AliMartinez predicts a drop of 20% to a support level of $0.29. But others are more hopeful. X user @Marzell believes ADA might bounce back. He noticed some positive signs like a bullish divergence in RSI and MACD, both tools used to study market trends. If ADA breaks away from its current level, he predicts it could rise to $0.50.
An X user known as @Sssebi also mentioned seeing bullish divergence in ADA’s price chart. They called it ADA’s “last hope” for recovery.
Is ETH Headed for a Drop or a Rebound?
Ethereum, the second-biggest cryptocurrency, has been going through a bumpy ride lately. It’s currently trading below $3,000, which is a 9% drop from its value a week ago. Some analysts, like X user @ColinTalksCrypto, believe ETH might fall further in the short term, possibly going as low as $2,100. “ETH will drop as Bitcoin (BTC) drops,” he said. BTC is the first-ever cryptocurrency and often influences other coins in the market. @ColinTalksCrypto added that traders should see this as an opportunity.
In contrast, some people are optimistic about ETH’s future. X user @AshCrypto said the bottom price might already be reached or is close. Another analyst, Ted, even predicted that ETH could jump to $3,200, provided it doesn’t fall below the support range of $2,270-$2,800.
A positive sign for ETH comes from the declining number of coins held on exchanges. When less ETH is stored on exchanges, it often means people are holding onto it for the long term, rather than selling it. Recently, the supply of ETH on exchanges hit a nine-year low of around 16.2 million coins.
Source: CryptoQuant