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coinpedia 2025-05-27 06:57:18

Pi Network Crashes 32%, But Is Mass Adoption Still Coming?

The post Pi Network Crashes 32%, But Is Mass Adoption Still Coming? appeared first on Coinpedia Fintech News Despite a 32.8% crash in two weeks, Pi Network’s long-term vision remains strong. Here’s why top analysts still believe in PI’s future. Pi Coin Price Nosedives: What’s Going On? Over the past 14 days, Pi Network (PI) has seen a significant price drop of 32.8% . In just the last 24 hours, it slipped another 5.3% , signaling continued bearish momentum. Yet, top crypto analyst Kim H Wong isn’t alarmed. He believes the project is still in its early development phase , and investors should focus on the ecosystem, not the price . Flashback: Mainnet Launch Sparked Massive Hype On the day of its mainnet launch , PI skyrocketed by 770.20% . Within just six days , the token recorded a jaw-dropping 2,713.40% surge — a clear sign of strong market excitement. However, this rally was short-lived. February 26: PI hit an all-time high of $2.99 February 27–April 4: The price collapsed by 81.92% Currently, PI trades at $0.7433 , down 73.9% from its peak. Development Never Stopped: 100+ Dapps and $100M Fund Despite the sell-off, the Pi ecosystem is booming : 100+ decentralized apps (Dapps) : 25 on Mainnet 50 on Testnet 25 in Brainstorm phase The ongoing Pi Hackathon is helping developers build real-world use cases, with rewards and visibility for innovative apps. To boost adoption, Pi Network has launched a $100 million ven t ure fund focused on Dapps with real-world utility—a bold step toward mass adoption. 70 Million Users and a Regulatory Advantage The Pi Network community is one of the largest in crypto , with: Over 70 million users globally 20 million+ KYC-verified members This not only strengthens its regulatory position , but also signals trust and potential for scalability . The network still offers free mining , keeping it attractive for new users entering the crypto space. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Pi Network Faces Biggest Token Unlock of Next 30 Days: Is a Drop to $0.65 Coming? , Will Pi Become the Most Used Cryptocurrency? With a current market cap of $5.38 billion and a 24-hour trading volume of $137.7 million , PI stands as the 25th largest crypto . Kim H Wong believes Pi Network has the potential to become the most used and traded cryptocurrency , thanks to: A massive global user base A rapidly growing Dapp ecosystem Strategic funding for adoption Regulatory readiness via KYC compliance Final Thoughts Yes, PI’s price is down—but its adoption curve is climbing .If the network continues to evolve with meaningful Dapps and strong community support, a price rebound may just be a matter of time . .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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While Pi Network is not a proven scam , skepticism exists due to its prolonged development phase , lack of clear roadmap updates, and limited token utility. However, it has millions of users and real developers building Dapps , suggesting legitimacy. What is the $100 million Pi venture fund, and who can access it? The $100 million fund supports developers building Dapps that drive real-world adoption of Pi Coin. Project teams can apply through hackathons and Pi ecosystem initiatives . Can I still mine Pi Tokens for free in 2025? Yes, mining is still open . But rewards have gradually decreased , and users must complete KYC to transfer mined Pi to the mainnet balance. When will Pi Network fully open its mainnet and allow token withdrawals? The mainnet is launched in enclosed mode , meaning tokens can’t yet be traded or withdrawn freely. The team has promised an open mainnet launch , but an exact date hasn’t been confirmed.

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