- Pi Coin struggles near $0.26 despite broader crypto market rally
- Slow mainnet rollout and low on-chain activity weigh on price
- Token unlocks increase supply, adding downward pressure on Pi Coin
Pi Coin keeps drifting near $0.26 even as global crypto capitalization climbs past $4.28 trillion and heavyweights Bitcoin ($124,387) and Ethereum ($4,715) lead the charge.
Pi Coin seems stuck in a slump, struggling to rise above $0.30 and currently hovering around $0.26. This is a dramatic drop from its all-time high of $2.98 in February 2025, representing a decline of over 91%.
The Broader Context: Pi vs. the Market
While most top altcoins are rallying, Pi’s dull performance comes even after Pi founder Dr. Chengdiao Fan’s recent talk at TOKEN2049.
She stressed advancing real blockchain utility, meaningful product innovation, aligning AI with human well-being through decentralized infrastructure, and building a path toward true mass adoption. Despite these long-term goals, the market hasn’t responded as quickly as investors hoped.
Related: CZ Shocked After Token2049 Attendee Reports Attack in Singapore
Why Pi Coin Price Remains Low
Unlike meme coins such as Dogecoin or SHIB, which thrive on hype, Pi is built for mass adoption and long-term utility. Its $3 spike was largely hype-driven, but the lack of infrastructure prevented sustained growth. Several structural factors explain Pi’s slump:
- Slow mainnet rollout: Transition from testnet to mainnet has been gradual, frustrating users and draining early enthusiasm.
- Minimal ecosystem activity: Few developer-built dApps and limited on-chain transactions mean low real demand.
- Selling pressure from token unlocks: Millions of users migrating to mainnet increase circulating supply, putting downward pressure on price.
A Turning Point Is Coming
Pi’s dormant phase may soon end. The mainnet protocol upgrade to version 23 is expected within the next two months, bringing catalysts:
- Pi DEX Launch & AMM Integration: Real on-chain trading and liquidity expansion.
- Hackathon-Driven dApps: Developer engagement fueling ecosystem growth.
- Community Reignition: KYC completion and migration boosting user activity and confidence.
Once the mainnet fully opens from its current “walled garden” to a global ecosystem, demand is expected to rise sharply. If trends hold, Pi could recover from $0.26 past $3, eventually targeting $10.
In the short term, if Pi Coin closes above $0.2639, it could move toward the next resistance range of $0.30 to $0.32. However, if it falls below $0.25, the price may drop again toward $0.18.
Related: Stablecoins Set to Absorb $1 Trillion From Emerging-Market Banks, Standard Chartered Finds
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/why-is-pi-coin-price-crashing-despite-broader-crypto-rally/
