Current Situation of Pi Network
Launched in 2019, Pi Network is a cryptocurrency project based on blockchain technology, notable for its ability to mine via smartphones, providing easy access for millions of users. After a long wait, Pi was officially listed on exchanges in February 2025. Although initial expectations set the listing price at $50, the reality was disappointing as the coin started at around $2, before plummeting to $0.60—a decrease of up to 78% from its peak.
Despite this, Pi maintains its appeal due to its unique mobile mining model and a large user community, boasting an impressive 35 million members. However, in the market, Pi struggles to break through the resistance level of $0.79, while buying pressure at lower levels shows hesitation. Key technical indicators such as RSI, MACD, and Stochastic RSI all indicate weakening momentum, with a prevailing downtrend. Furthermore, a descending wedge pattern has formed since mid-May, and the price remains trapped within this pattern, with no signs of a breakout.
Price Forecast for Pi Network by the End of 2025
According to insights from CoinDCX, Pi Network is expected to show signs of recovery in November 2025, potentially regaining the $2.00 mark and rising to around $2.38–$2.40 by the end of the month. By December, the upward trend may be reinforced, pushing the price to $2.75–$2.80, signaling a notable recovery phase.
Challenges Facing Pi Network
- Incomplete Mainnet: Although it has been listed, the full mainnet of Pi Network has not officially launched. This raises concerns about the project’s feasibility and long-term growth potential.
- Exchange Limitations: Currently, Pi Coin is only available on a few exchanges, significantly restricting accessibility and trading volume.
- Regulatory Barriers: Like many other cryptocurrency projects, Pi Coin faces regulatory uncertainties, making investors more cautious about participation.
- Unrealistic Comparisons to Bitcoin: Some optimistic opinions suggest that Pi Coin could reach $1,000 in the future, but this prediction seems overly ambitious. If it were to reach that price, Pi’s market capitalization would exceed $6 trillion—a staggering figure compared to its current value of around $500 million, making these expectations less convincing.
