Pi Network was founded in 2019 by a team of PhD graduates from Stanford University, Nicolas Kokkalis and Chengdiao Fan, with the aim of creating a zero-threshold, low-energy mobile mining blockchain network. Its core innovation lies in the use of Stellar The Consensus Protocol (SCP) allows users to participate in mining by simply clicking once a day through a mobile app, eliminating the need for professional mining machines or high electricity consumption, significantly lowering the barriers to entry for cryptocurrency participation. As of 2025, the global user count has exceeded 50 million, but the mainnet is still in the “Enclosed” phase, requiring users to complete KYC authentication to transfer mined PI coins to the blockchain, and external trading functionality has not yet been fully opened.
In 2025, PI coin was officially listed on centralized exchanges like Gate, achieving transparent trading for the first time. As of the end of June, the price of the PI/USDT trading pair hovered around $0.55, with a decline of over 4% within 24 hours and a cumulative drop of 16% over 48 hours. This volatility primarily stems from two factors:
The current PI coin price ($0.528) is close to its historical low ($0.4012), with technical indicators showing an oversold signal (RSI at 38.09), but the medium to short-term trend is still constrained by supply and demand dynamics. Mainstream institutions on 2025 Price Prediction As follows:
It should be noted that the circulation of PI is only 7.6 billion coins (total supply of 100 billion), and the top 100 wallets control 96.37% of the total supply, which may lead to significant volatility due to the movements of large whales.
The table below summarizes the long-term price predictions for the PI coin by major platforms:
Year | Minimum Price (USD) | Average Price (USD) | Highest Price (USD) |
---|---|---|---|
2025 | 0.44 | 1.30 | 1.42 |
2026 | 1.38 | 1.59 | 1.67 |
2027 | 1.90 | 2.01 | 2.34 |
2031 | 4.36 | 4.71 | 4.84 |
Pi Network has recently launched three major technology updates: the reconstruction of desktop node software (Pi Desktop 0.5.2), browser integrated account management, and node capability expansion, aimed at enhancing the experience for 2.6 million active desktop users and paving the way for decentralized applications (dApp). The long-term vision focuses on building a “mobile-first” Web3 Ecology, including:
In terms of risks, the insufficient utility of the token and the repeated delays of the mainnet still pose trust issues. If the team can deliver on the roadmap, PI could become a key vehicle for financial inclusion in emerging markets; otherwise, it may be trapped by speculative attributes.
The iteration of technology and market patience will determine the outcome of PI - will it become the pioneer of the “public blockchain” or remain a social experiment that has not been realized?