Pi Network Price Jumps 6.37% as Low Liquidity Amplifies Buying Pressure

Pi Network saw its price increase by 6.37% over 24 hours to reach $0.0837, outperforming the broader crypto market, which remained nearly flat.

The move placed PI among the strongest performers on July 30, with trading activity and thin liquidity driving most of the price movement.

Pi Network recorded $13.68 million in daily trading volume after activity increased by 27.44%, with a turnover ratio of only 1.49% indicating limited market depth.

The low liquidity amplified modest buying pressure, allowing relatively small purchases to move prices quickly, but also potentially leading to sharp declines if demand fades.