Pi Network has declined to around $0.19 after a recent rally faded, reflecting broader weakness across the crypto market as Bitcoin slipped below $70,000.
The token is down more than 12% over the past two weeks and over 81% year-on-year, despite still posting about 10% gain over the past month.
Meanwhile, SIREN has surged sharply, rising more than 95% in the past 24 hours and overtaking Pi Network with a market capitalisation above $2 billion.
The altcoin has posted gains of around 545% over two weeks and roughly 1200% over the past month, defying the broader market trend.
SIREN is described as an AI-powered crypto project on the BNB Chain that integrates decentralised finance tools with automated trading and risk management features.
Trading activity has also spiked, with 24-hour volume reaching approximately $150 million, including significant flows through decentralised exchange PancakeSwap.
The divergence highlights ongoing volatility in the altcoin market, where speculative tokens can outperform even as larger assets face downward pressure.
At the time of reporting, Pi Network price was $0.1884.