Cardano and Pi Network: A Race to $5 in the Altcoin Market

With the cryptocurrency market showing renewed strength, a key question for many investors is whether Cardano (ADA) or Pi Network (PI) will be the first to reach a price of $5.

Cardano's Position

Cardano, a well-established and research-driven blockchain, is a strong contender. With a current all-time high of $3.01, a move to $5 is ambitious but plausible. Recent data highlights several factors supporting this potential growth:

• Whale accumulation: Large investors have recently bought over 200 million ADA in just two days.
• Long-term holdings: Over 15 billion ADA have remained unmoved for more than a year, indicating strong holder confidence.
• ETF speculation: There is a reported 75% chance of a spot ADA ETF being approved, which could trigger significant institutional investment.

With a market cap of $30 billion and a history of strong performance, Cardano is well-positioned to capitalize on the current market momentum.

Pi Network's Challenges

In contrast, Pi Network faces significant hurdles. Although it has a massive user base of millions who "mine" PI tokens on their phones, the project is still in its closed mainnet phase. This means the PI token is not yet tradable on major exchanges, and its price is based on speculative IOUs rather than a real market value.

While the community is enthusiastic, Pi Network's journey to $5 has not yet begun. Its ability to compete in the current altcoin rally is entirely dependent on the unknown date of its open mainnet launch.

Conclusion

The article concludes that Cardano is the clear frontrunner in the race to $5. Its established presence, positive institutional signals, and proven market performance give it a distinct advantage over the Pi Network, which remains in a waiting phase without a real market price.

August 2025, Cryptoniteuae