Pi Network Update: What's Wrong With Pi Coin Price?
The Pi Network has been one of the most talked-about cryptocurrency projects in recent years. With millions of users mining Pi coins through the Pi Network app, expectations were high for its official launch and price surge. However, despite the Pi Network Mainnet officially launching in June 2025, the Pi coin price has been continuously declining, leaving many users frustrated and confused.
In this comprehensive Pi Network update, we'll explore the latest Pi Network news, analyze why the Pi Network price is dropping post-mainnet launch, and discuss what the future holds for this ambitious project. For real-time Pi coin price tracking, visit CurrencyRatez.com.
Key Insight: Pi Network's price decline after mainnet launch stems from limited exchange listings, slow KYC approvals, massive selling pressure from early miners, and lack of real-world utility despite its 47 million-strong user base.
What Is Pi Network?
For those new to the project, Pi Network is a mobile-mining cryptocurrency that allows users to earn Pi coins without expensive hardware. Unlike Bitcoin or Ethereum, Pi can be mined directly from a smartphone using the Pi Network login system.
The project was founded by a team of Stanford graduates, aiming to create a more accessible and energy-efficient cryptocurrency. Since its launch in 2019, it has gained over 47 million users worldwide. However, despite its massive user base and the Pi Network Mainnet launch in June 2025, the Pi Network price has failed to meet expectations.
Key Features of Pi Network:
Technical Aspects
- Mobile mining with low energy consumption
- Stellar Consensus Protocol for security
- KYC verification for all users
- Gradual decentralization process
- Mainnet launched in June 2025
Community & Use Cases
- 47 million+ active users worldwide
- Strong community support ("Pioneers")
- Potential for peer-to-peer transactions
- Growing merchant acceptance
- Focus on creating utility through apps
Pi Network Price Decline: 5 Key Reasons
Many Pi holders expected a price surge after the Pi Network Mainnet launch, but instead, the value has been steadily decreasing. Here's why:
1. Lack of Major Exchange Listings
One of the biggest hurdles for Pi's price growth is the absence of listings on top-tier exchanges like Binance, Coinbase, or Kraken. While some smaller exchanges offer Pi trading, these are often IOUs (I Owe You) rather than official Pi coins. Without liquidity from major platforms, the Pi Network price struggles to gain traction.
2. Enclosed Mainnet Restrictions
Although the Pi Network open mainnet is live, it still operates in an enclosed environment, meaning Pi coins cannot be freely traded. The core team has imposed strict KYC (Know Your Customer) requirements and migration rules, slowing down the circulation of Pi in the open market.
3. Massive Supply & Selling Pressure
With over 47 million users mining Pi, the circulating supply is enormous. Many early miners are eager to cash out, leading to heavy selling pressure. The Pi team introduced a lock-up mechanism to encourage holding, but many users are still dumping their coins, driving the price down.
4. Limited Real-World Utility
For any cryptocurrency to sustain value, it needs real-world adoption. Currently, very few merchants accept Pi as payment, and there are no major DeFi (Decentralized Finance) or NFT integrations. Without strong utility, the Pi Network value remains speculative.
5. Regulatory Uncertainty & Trust Issues
Cryptocurrency regulations are tightening globally, and Pi Network's legal status remains unclear in many countries. Additionally, some users are losing patience due to delays in KYC approvals and slow wallet migrations, leading to declining confidence in the project.
| Positive Factors | Negative Factors |
|---|---|
| 47 million+ user base | No major exchange listings |
| Mainnet finally launched | Enclosed mainnet restrictions |
| Low-energy mobile mining | Massive selling pressure |
| Strong community support | Limited real-world utility |
| KYC verification system | Regulatory uncertainty |
Pi Network Mainnet Launch: What Happened in June 2025?
The Pi Network Mainnet officially launched in June 2025, marking a major milestone. However, instead of a price surge, the market saw a steady decline. Here's what went wrong:
Mainnet officially launched but remained in "enclosed" mode with restricted trading
Only 30% of users had completed KYC verification
Early miners began selling Pi on unofficial markets, driving prices down
No major exchanges had listed Pi despite community expectations
Price stabilized at 60% below pre-mainnet launch levels
Critical Analysis:
The mainnet launch failed to meet community expectations because:
- Transactions remained restricted despite "open" mainnet claims
- KYC bottlenecks prevented many users from migrating coins
- No major partnerships or exchange listings materialized
- The team provided limited communication about next steps
- Lack of clear utility led to speculative selling
Future of Pi Network: Can the Price Recover?
While the current situation looks bleak, there's still hope for Pi Network if certain conditions are met:
Major Exchange Listings
If Binance, Coinbase, or other top exchanges list Pi, it could bring liquidity and legitimacy, boosting the price.
Increased Merchant Adoption
If more businesses start accepting Pi as payment, demand will rise, supporting the Pi Network value.
Development of Pi-Based Apps
A strong Pi ecosystem with DeFi, gaming, or NFT projects could attract new investors.
Potential Growth Drivers
- Major exchange listings (Binance, Coinbase)
- Successful KYC completion for all users
- X (Twitter) or other platform integration
- Strong developer ecosystem growth
- Clear regulatory approval in key markets
Continued Risks
- Slow KYC and migration process
- Lack of major exchange support
- No significant merchant adoption
- Regulatory challenges in some countries
- Loss of community trust
"Pi Network's future depends entirely on whether it can transition from a mining experiment to a cryptocurrency with real utility. The 47 million users are impressive, but without exchange support and merchant adoption, the network risks fading into obscurity despite its technological merits." - Crypto Analyst at CurrencyRatez.com
Pi Network Price Prediction: 2025-2026 Outlook
Based on current developments, here's our Pi Network price prediction for the coming years:
| Scenario | 2025 Price | 2026 Price |
|---|---|---|
| Bear Case | $0.05 - $0.10 | $0.02 - $0.08 |
| Base Case | $0.15 - $0.30 | $0.25 - $0.50 |
| Bull Case | $0.50 - $1.00 | $1.00 - $2.50 |
Price Factors to Watch:
- Exchange Listings: Binance or Coinbase listing could 5x the price overnight
- KYC Progress: Faster approvals would increase circulating supply
- Merchant Adoption: Major retailers accepting Pi would boost utility
- Developer Activity: More Pi-based apps would increase ecosystem value
- Regulatory Clarity: Clear guidelines would reduce uncertainty
For real-time tracking of Pi Network price movements, visit CurrencyRatez.com.
How to Check Your Pi Coin Value
With Pi Network's unique situation, checking your Pi coin value requires special steps:
Official Method
- Complete KYC verification in the Pi Network app
- Migrate your Pi to the mainnet wallet
- Check the internal marketplace for current valuations
Unofficial Methods
- Check IOU prices on exchanges like XT.com or Bitmart
- Monitor peer-to-peer trading platforms
- Use conversion tools at CurrencyRatez.com
- Follow Pi Network community price discussions
Note: Trading Pi IOUs carries significant risk as they're not official Pi coins.
Conclusion: Should You Hold or Sell Pi Coins?
The Pi Network Mainnet launch in June 2025 was a significant step, but the Pi coin price has been declining due to low liquidity, slow migration, and weak utility. For the price to recover, the project needs:
- Major exchange listings
- Real-world adoption beyond the Pi ecosystem
- Faster KYC and migration processing
- Stronger developer support for Pi-based apps
- Clear regulatory compliance
Final Recommendation:
For Pi Network holders:
- Long-term believers: Hold and wait for ecosystem development
- Risk-averse users: Consider selling a portion to lock in gains
- New investors: Wait for major exchange listings before buying
- All users: Complete KYC and migrate to mainnet wallet
While the current market sentiment is bearish, long-term holders believe Pi could still succeed if the team delivers on its promises. Stay updated with the latest Pi Network news on CurrencyRatez.com for future developments!
FAQ: Pi Network Price Questions
Q: Why is Pi Network price dropping after mainnet launch?
A: The price is dropping due to slow migration, lack of exchange listings, heavy selling pressure from early miners, and limited real-world utility despite the mainnet launch.
Q: When will Pi be listed on Binance or Coinbase?
A> There's no official confirmation yet. Listings depend on Pi Network meeting exchange requirements and regulatory compliance. Some speculate late 2025 or 2026 if progress continues.
Q: Can Pi Network price recover?
A> Yes, if major exchanges list Pi, adoption increases, and the team delivers on ecosystem development. However, recovery depends on overcoming current challenges.
Q: Should I sell my Pi coins now?
A> If you believe in long-term growth, holding may be better than selling at current low prices. However, risk-averse users might sell a portion to lock in some value.
Q: Where can I track Pi Network's real price?
A> For accurate, real-time Pi coin prices and conversion tools, visit CurrencyRatez.com, which provides up-to-date cryptocurrency data and analysis.