As of April 12, 2025, Pi Network (PI) is experiencing a significant rebound. After hitting an all-time low of $0.407 on April 5, PI has surged over 50% in the past week, currently trading around $0.735.

In a strategic push into crypto infrastructure, Cayman Islands-based SPAC TLGY has signed a non-binding letter of intent with the Ethena Foundation to acquire a validator business and potentially buy up to $100 million in ENA tokens.

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