Pi Network made headlines in the cryptographic community, with growing speculation on a possible list of binances and daring predictions that its price could increase to $ 10. However, a more in -depth examination of market data and technical indicators shows that these expectations can be too optimistic for the moment.
Impressive growth, but fundamental challenges remain
During the 100 days following the launch of the Open Mainnet of the PI network, the project reached milestones. More than 3 million new users have joined the platform, bringing the total number of active pioneers to more than 13 million. In addition, more than 400,000 knots are now live, supporting the decentralized network.
Several new initiatives have been deployed, including Pi Ventures, a fund of $ 100 million for startups, and fruit, an occasional game application. The recent Pifest 2025 event has also seen more than 1.2 million sellers participating, showing the network’s attempt to evolve from a mining application in a functional commercial ecosystem.
Despite this progress, the Pi Coin price has struggled in recent weeks. The token dropped almost 30% in the month and is currently down more than 7% today, trading about $ 0.50. This decrease brings the price closer to a key support level at $ 0.40.
Technical indicators also paint a downward image. The relative resistance index (RSI 14) fell to 30, generally a sign of Surolon. However, analysts observe that there is not yet confirmation of a bullish reversal. A crypto analyst said on social networks, “I will be surprised if Pi does not strike $ 0.40 in July.”
$ 10 is a realistic target?
According to a recent price prediction of the PI network by Coindcx, the first part of 2025 had to see bulls taking a strong control, which potentially led the PI price greater than $ 4.80 to $ 5.00 in the middle of the year. However, as we are now halfway through the year, these bullish targets remain far from reality, PI currently has difficulties at around $ 0.50. The longer-term forecasts of the platform come from PIs ranging from $ 3.3 to $ 5.5 in 2025 and potentially reaching $ 9.1 by 2027.
For PI to address the $ 10 mark, it would take sustained demand, an increase in exchange lists and greater real public service – none of which is confirmed at this stage. Even if PI had to recover its previous peak valuation compared to Bitcoin, this would imply an increase of 190% compared to current levels, which puts its market capitalization at around 26 billion dollars.
Such an evaluation would place Pi among the first 10 cryptocurrencies, a position that many analysts think they are difficult to justify given the current adoption and liquidity of the project.
