Pi Network has seen its price struggle since its launch after its initial rally raised its price to $2.98. It was launched in February 2025 and was highly anticipated and sparked its lifts as believers who have worked on the project for five years are finally rewarded. But, over time, the coin also succumbed to the pressure of the Bears and has now fallen more than 75% from its all-time high. Therefore, in this report, we look at the price of PI networks and the reasons for the continued decline.
The PI network is in trouble after sending it out
It has been three months since the release of PI Network Main Net and the project has faced problems. The first problem that arises after the launch is the locked coins, and many miners are unable to claim coins due to KYC issues. Despite this, the coin continues to maintain the trust of its users.
As months pass, the lack of listings on Tier 1 crypto exchanges such as Binance and Coinbase has attracted investors’ attention. Given that AltCoin is now the top 30 cryptocurrencies with a market cap of over $5 billion, it makes it one of the only coins in the category that don’t have Level 1.
Therefore, community members speculate that the team’s actions may be the reason for the lack of listing. This is because due to the large audience of audiences, top communications often require transparency before listing the tokens, and there are rumors that PI network teams have less than enough impact on their tokens.
Another problem with this is the lack of decentralized finance (DEFI) use on the platform. No DEFI application deployed, so leave the PI network The cost is at the mercy of crypto market forces, and there is no real activity to create demand and increase it.
Members of the PI Network community also called for transparency on the $100 million PI Network Ventures Fund, announcing startups that promote innovation. So far, no development has evolved towards community growth.
Trouble price
As there is no network activity driving PI network prices, it fluctuates with cryptocurrency markets. Altcoin grew by more than $1.2 in the weekend. However, the rally was short-lived, as the price has since been reviewed and fell below $1.
The struggle below $1 reflects a lack of strong support as the community remains skeptical of the token’s future and question whether the PI network team will deliver on its promise. If these promises do eventually become reality, PI network prices may reverse and test this new high bull cycle.
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