币界网报道:Pi Network's native token PI surged 31% in the past 24 hours, reaching $41.88 amid emerging bullish technical patterns. The cryptocurrency, still in its enclosed mainnet phase, has shown strong upward momentum as its trading volume spiked 136% to $464,000. Analysts note PI is forming an inverse head-and-shoulders pattern on the 4-hour chart, suggesting potential for further gains if it breaks the $42 resistance level. The project's unique mobile mining approach has attracted over 35 million engaged users globally, though PI remains unavailable on major exchanges due to its unopened mainnet status. Recent developments include the Pi Network core team announcing new utility features for the token and plans for the final transition to open mainnet, which could significantly impact PI's market performance. The token's circulating supply currently stands at 1.1 billion PI.