Pi Network's cryptocurrency token, Pi Coin, has experienced a substantial surge, climbing over 40% in 24 hours and 72% within 48 hours as of May 12, 2025. The token reached $1.5, its highest price in nearly two months, and its market capitalization increased by $7 billion, reflecting a 110% rise over the past week. This rally is driven by anticipation surrounding a major announcement from the Pi Core Team scheduled for May 14, 2025. The announcement is expected to include the expansion of Pi Network's Open Mainnet and a full Mainnet rollout, which could significantly impact network adoption. Pi Network currently boasts over 60 million users. Additionally, there is discussion about unlocking the economic potential of 360 million domains on the mainnet, with integration involving Celestia technology, which supports tokenized web2 domains and on-chain identities that facilitate login, payment, and identity verification.