Pi Network tops the rankings of crypto applications

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A recent survey on the Zypto VISA card platform has revealed surprising results, with Pi Network leading in deposit frequency, surpassing expected names like DASH, USD1, and XRP. Meanwhile, XRP disappointed by falling to the bottom of the rankings, reflecting a significant decline in user activity.

According to the organizers, DASH, which frequently held the top spot in previous weeks, was unexpectedly overtaken by Pi Network this week, securing an impressive lead.

Pi Price Declines Despite Increased Usage

Contrary to its real-world appeal, the price of Pi tokens experienced a sharp decline, dropping 22% in just one week, now standing at $0.65 (as of May 31, 2025). This drop occurred amid a broader market downturn, with the global cryptocurrency market “losing” over $170 billion, causing concern among many investors.

The main reasons cited include a lack of updates from the development team and the fact that Pi has yet to be listed on major exchanges. This has led to weak liquidity, making institutional investors hesitant to participate.

Will Pi Price Continue to Decline or Recover?

Experts warn that if selling pressure continues to increase, the price of Pi could breach the support level of $0.55, potentially hitting a historic low of $0.40. While there is still hope for a recovery to $0.86, this scenario seems unlikely if the downtrend does not end.

However, the effective use of Pi Network in real-world applications, such as on the Zypto card, indicates that this cryptocurrency still holds the trust of everyday users. Nevertheless, the gap between actual value and investor confidence appears to be widening, raising many questions about Pi’s future.

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