After several years of procrastination, Pi Network—a smartphone-based mining project—eventually arrived on mainnet on February 20, 2025. Its native token PI also made its exchange debut the same day; but rather than experiencing a listing pump, it suffered a crash that plummeted its price to just above $0.60.
Pi’s early setback was not unconnected to a wave of sell-offs from users who had grown increasingly pessimistic about the project due to the initial delay in the implementation of the mainnet
However, it didn’t take too long before Pi bounced back from the downtrend. The token—in spite of the bearish outlook in the broader market—suddenly began trading in the green and saw repeated upward movement to reach its current all-time high of $2.98 on February 26, 2025.
How far can Pi go in the coming years? This Pi price prediction article will provide detailed insights into the project fundamentals and forecast its price potential in the years to come.
What is Pi Network?
Pi Network was officially launched in 2019 to eliminate the barriers involved in crypto mining and create a digital currency that all users can access conveniently. Two Stanford graduates, Dr. Nicolas Kokkalis and Dr. Chengdiao Fan laid the foundation of the project.
The core objective is to offer a unique blockchain ecosystem that will enable crypto enthusiasts to mine using smartphone devices, ensuring that cryptocurrency mining is more accessible to the general public.
Unlike Bitcoin mining which requires specialized equipment and excessive power usage, the Pi Network guarantees minimal energy consumption, thus fostering a more sustainable and environmentally friendly approach to exploring digital currency.
Pi Network implemented a set of role-based functions through its ecosystem framework, and they include:
- Pioneers: These are users who mine Pi by tapping the “Lightning” button daily.
- Contributors: They bring trusted individuals to join their security circles, thereby increasing their mining rates and contributing to the overall security of the ecosystem.
- Ambassadors: They are community members who bring new members into the Pi Network for the purpose of earning referral bonuses.
- Nodes: Pi Nodes are responsible for validating transactions and ensuring the network’s security.
All through the years, Pi underwent several transition stages, including Testnet, Node Program, and Closed Mainnet before its eventual Open mainnet launch on February 20, 2025.
The launch set the stage for users to trade their tokens on supported exchanges and wallets. It also made it possible for developers to build and deploy real apps on the Pi blockchain.
Pi Roadmap and Development Phases
The roadmap specified different development phases that led to the current state of the network.
Phase I: Beta Launch (2019-2020)
The Beta phase started when the Pi Network app launched on March 14th, 2019. Users who joined during this mature phase acquired Pi coins by opening the app daily to verify their human status.
Phase II: Testnet (2020-2021)
Pi moved to its Testnet phase on March 14th, 2020. During this stage, developers were able to create decentralized applications (dApps) and explore the network’s capabilities using Test-Pi tokens.
Phase III: Closed Mainnet (2021-2025)
In December 2021, Pi Network completed its closed mainnet deployment, which made the blockchain operational in a restricted environment. During this phase, pioneers were encouraged to complete KYC verification and migrate to the mainnet.
Phase 1V: Open Mainnet (February 2025)
After being stalled in the enclosed mainnet phase for years, Pi eventually landed on Open Mainnet on February 20, 2025, making it possible for users to unlock the full potential of the blockchain. This significant stage also opened the doors for interaction with external networks, exchanges, and wallets.
Pi Price History
After being stuck in the IOU phase for years, Pi finally landed on OKX and Bitget on February 20 and immediately became the subject of downside volatility. One key reason Pi crashed at its early stage was due to multiple allegations of the project being another pyramid-like structure.
In fact, Bybit CEO Ben Zhou accused Pi of being a scam targeted towards the elderly and dismissed the possibility of listing the token on the exchange.
今天一堆人问我要不要上pi，我说别他妈逗逼了，我以前做外汇成天被大妈大爷拉横幅还我血汗钱，做币圈就是真的不想整这出了。。。敬而远之。。谢谢。 https://t.co/mdCApmciE4
— Ben Zhou (@benbybit) February 12, 2025
While Pi Network denied the allegation, Zhou’s statement further dampened Pioneers’ confidence and caused the initial sell-offs. As they dumped their tokens, Pi crashed from its mainnet launch price of $2 to a low of $0.60–all within 48 hours.
However, the early setback didn’t change the conviction of Jacob Crypto Bury about Pi potential. He predicted that the token would stage a comeback, and eventually, it did, soaring by almost 400% to hit an ATH of $2.98.
$PI coin is now tradeable, sitting at $0.73, quite an interesting one to see!
— Jacob Crypto Bury (@BuryCrypto) February 21, 2025
While it has since retraced nearly 24% from this high, Pi still remains one of the few altcoins that have continued to defy the bearish market odds.
Pi Price Prediction
Let’s give our short and long-term price predictions for Pi, considering its strengths, shortcomings, technical fundamentals, and the outlook of the broader market.
2025
In spite of the prevailing bearish trend in the market, influential voices in the industry still believe a prolonged bull run will happen before the end of 2025. There’s no doubt that the crypto market is currently experiencing its worst moment of the year, with the Bitcoin price down almost 22% from its January 20 ATH of $108,786.
Moreover, the buying frenzy across the space appears to have taken a brutal hit, and the total valuation of crypto has drastically dropped from $3.57 trillion at the start of February to less than $2.8 trillion in early March.
However, despite the adverse market outlook, the optimism remains strong, and prominent names like Changpeng Zhao say a parabolic Bitcoin rally is still possible this year. If this eventually happens, altcoins like Pi can ride in the wave of the bull run to experience rapid growth.
I don't know how to read charts, but … 😂 pic.twitter.com/kkZ3dRSv9O
— CZ 🔶 BNB (@cz_binance) February 28, 2025
Another aspect to keep in mind is the adoption level of the project’s mining ecosystem. As of February 2025, Pi Network claimed to have attracted 60 million users, and considering its unique mobile-first mining approach, it is more likely to resonate with a larger audience, potentially impacting the price performance of the token.
However, since the market moves in waves, the possibility of Pi experiencing extreme volatility is quite high, but at best, the token price could range between $2 and $4 before the end of the year.
2026
If the eagerly-awaited bull run extends to 2026, the usage of the Pi Network could skyrocket, particularly if the ecosystem continues to innovate and deliver additional features.
A more favorable regulatory environment will also accelerate adoption. In a scenario where Pi adoption level increases, the token price could potentially range between $7 and $10 in 2026.
However, there is a possibility that many competitors would have emerged by 2026, which could also impact Pi’s performance. If it successfully keeps up with market trends and outshines its competitors, a price of $10 appears feasible. Otherwise, Pi’s growth could be sluggish.
2030
By 2030, Pi Network is expected to have solidified its position as a competitive player in the fast-evolving crypto space. The anticipated growth will be fueled by the project’s ability to roll out more innovations within its ecosystem.
While the market condition at that time will also play a huge role, Pi Network’s continued innovation and strong reputation could help it retain the interest of users, potentially driving up the demand and price of the token in the long run.
Factors That Could Determine the Price Performance Of Pi
Here are some of the major factors that could impact the $PI price:
Market Conditions
One crucial element that could determine the Pi coin price action is the overall market conditions. If Bitcoin manages to recover from its downtrend and surge past the $100k mark before the end of Q1 2025, the entire crypto market could follow suit.
Exchange Listings
While Pi has already listed on OKX, Bitget, and CoinDCX, there is a growing speculation that Binance could be its next destination. Already, 86% of the Binance community has voted in favor of the listing, and considering the fact that coins listed on this exchange tend to experience parabolic price growth, Pi is poised to see the same pump after its listing too.
Mining Utility
Pi Network, according to its whitepaper, aims to democratize crypto mining, ensuring that it is accessible to everyone who owns a mobile phone. This distinguishes it from traditional cryptocurrencies like Bitcoin, which requires a huge amount of computer processing power and resources to mine.
Despite the early setbacks, Pi has shown that it can navigate every defining moment in its journey to make cryptocurrency more inclusive, making it an interesting player in the ever-evolving crypto space.
Where To Keep PI & Other Utility-Driven Assets For The Long-Term
With CEX attacks at an all-time high, there is an increased demand for DEXs, particularly among crypto enthusiasts who want to take full control of their privacy and security. And that explains why decentralized solutions like Best Wallet have continued to see impressive user growth metrics over the past couple of months,
The non-custodial, multichain crypto wallet, for instance, has already gained the trust of over 500,000 users and currently boasts 50% MoM growth, all within a few months.
In particular, it is being viewed as one of the best places to store Pi and other utility-driven tokens for a long period of time, due to its cutting-edge security features, multi-utility posture, and seamless user experience.
Basically, Best Wallet presents itself as a one-stop shop for all things Web3, offering untypical features like iGaming perks, cross-chain swaps, staking rewards, community governance, and many more. With support for 60 chains, it is possible to buy, sell, and trade thousands of cryptos within the app.
There’s also the “Upcoming Tokens” facility, which connects users with trending presale tokens. As per the project’s roadmap, features like the portfolio management dashboard, NFT gallery, Best Card, and many more are on the horizon.
The multifaceted nature of the wallet has been praised by experts, who see it as “more than just a wallet but a hub for all things crypto.”
Bottom Line
In this guide, we attempted to forecast where the Pi price may be heading in the coming years, taking into account its core fundamentals and the broader market condition. The project has been in the news in recent weeks, due to its mainnet launch and listing on multiple exchanges, including OKX.
While its potential for growth is vast, it is still essential that investors approach Pi with caution and due diligence.
FAQs
Will the $PI price reach $10?
It is possible for $PI to reach the $10 mark, but that may only be possible if the broader market outlook turns extremely bullish.
Where can I trade my $PI tokens?
PI coin is currently available on OKX, Bitget, and CoinDCX, and there is a growing rumor that it might be listed on Binance soon.
