Top 5 Countries Creating Pi Network’s Success

Pi Network, the pioneering decentralized digital currency platform, has been making waves around the world with its mission to democratize access to cryptocurrency. To better understand the platform’s global user base, let’s dive into monthly user traffic data. AZC News will not only explore the impressive statistics but also understand what is driving this growth and what it means for the future of Pi Network.

Average monthly user traffic

With 47 million users, Pi Network currently has an average monthly user traffic of up to 6 million. This statistic shows the growing popularity of Pi Network and the Pi Network community. It also shows the appeal of cryptocurrencies to today’s financial world.

Average monthly user traffic by Similarweb

Related: Is Pi Network Legitimate and What is the Potential of Pi Coin in 2024?

Top 5 countries contributing to Pi Network’s success

India (22.38%): India ranks first, accounting for 22.38% of Pi Network’s user traffic. India’s growing participation reflects the country’s growing interest in cryptocurrency and decentralized finance. With a large population, India’s participation in Pi Network has huge expansion potential. Besides Pi Network, India also ranks top in the number of users participating in other cryptocurrency apps.

Iran (8.04%): Also according to Similarweb, Iran contributes 8.04% of total user traffic. This reflects the growing crypto scene in Iran, as citizens increasingly explore digital currencies as a means to achieve financial stability amid a challenging economic landscape.

Vietnam (6.66%): Vietnam ranked third, with 6.66% of user traffic. Vietnam is the country with the world’s leading cryptocurrency acceptance index, so Vietnam cannot be ignored when it comes to cryptocurrencies. In Vietnam, Pi Network also has a very large community with many events shared by Pi Network on Twitter.

Statistics by Similarweb

Nigeria (4.99%): Nigeria takes fourth place, accounting for 4.99% of user traffic. Nigeria is one of the lowest income countries today. They join Pi Network in the hope of increasing their income in a context where the country is still facing many difficulties, most of whom are young people.

Indonesia (4.94%): Indonesia rounded out the top 5, contributing 4.94% of user traffic. The country’s significant interest in Pi Network is testament to Southeast Asia’s broader enthusiasm for decentralized currencies.

Significance and future development

The geographic diversity of Pi Network’s user base underscores its popular appeal and hints at the potential for widespread adoption. As this number of users continues to grow, Pi Network will get closer to realizing its vision of creating an inclusive and accessible decentralized financial ecosystem. With India, Iran, Vietnam, Nigeria and Indonesia leading the way, Pi Network is on track to leave an indelible mark on the crypto landscape.

Pi Network represents a significant step forward in realizing Pi Network co-founder Nicolas Kokkalis’ vision of global financial accessibility and inclusion. With a large number of users and community, Pi Network may grow strongly in the near future.

In addition, Pi Network is also a pioneer in helping other cryptocurrency projects reach users more easily. Pi Network’s user data also helps in the advertising campaigns of other cryptocurrency projects later.