Over the past two weeks, the Pi Network (PI) token has seen a 32.8% drop in value, with another 5.3% drop in the past 24 hours. Despite this decline, analysts remain optimistic about the project’s future thanks to a growing ecosystem and investment in development.
Following the launch of the mainnet in February 2025, the PI token saw a sharp increase in value, rising 2,713.4% in six days to reach an all-time high of $2.99. However, this rise was short-lived and was followed by a decline of 81.92%, which saw the price stabilize at approximately $0.7433.
Despite the price decline, the Pi Network ecosystem continues to grow. The project supports more than 100 decentralized applications (DApps) and a $100 million fund has been established to support application development within the network. This initiative aims to enhance the utility of the PI token and attract more developers to the ecosystem.
The Pi Network also boasts more than 70 million users and the implementation of an identity verification (KYC) system, which increases the project’s credibility and prepares it for possible future regulations. These measures may contribute to wider adoption of the PI token in the real world.
Despite the current price fluctuations, the long-term outlook for Pi Network remains positive. Analysts recommend focusing on the growth and development of the ecosystem rather than short-term price movements, which may indicate the potential for future success of the project.