Pi Network Information

Pi Network has attracted a wide user base by allowing people to mine cryptocurrency directly from their mobile devices, making it accessible to those who may not have the technical knowledge or resources to participate in traditional mining. This innovative approach aims to create a decentralized network where users can engage and contribute while fostering community participation. As Pi Network continues to evolve, its potential impact on the broader cryptocurrency landscape remains a topic of keen interest and speculation.

0.45689 $
Pi Network

Pi Network

  • Current Price $ : 0.45689 $
  • Price Change 24h : -0.00550 $
  • Price Change % 24h : -1.18916 %
  • Market Cap : 3 496 062 387
  • Market Cap Change % 24h : -0.96983 %

Introduction to Pi Network

The Pi Network, represented by its cryptocurrency symbol "pi," has emerged as an intriguing player in the realm of cryptocurrencies. Launched as a mobile app in 2019, Pi Network aims to democratize access to cryptocurrency mining by allowing users to mine Pi coins on their smartphones without requiring substantial computational power. The project has generated considerable interest and discussion, prompting both enthusiasm and skepticism within the crypto community.

Development and Historical Performance

Since its inception, Pi Network has made notable strides in developing its ecosystem. The total supply of Pi coins is capped at 100 billion, with approximately 6.95 billion coins currently in circulation. The cryptocurrency achieved its all-time high (ATH) of $2.99 on February 26, 2025, shortly after which it experienced a 39.6% decline in value. Its all-time low (ATL) was recorded earlier that month at $0.6157, representing a significant recovery with a 193.06% increase since then.

The market capitalization of Pi Network currently stands at around $12.6 billion, indicating strong interest and investment, reflected in a recent trading volume of approximately $811 million. With a price of $1.81, the coin has seen a 9.64% increase in the last 24 hours, showcasing its volatility and the potential for rapid gains in the market.

Advantages of Pi Network

One of the primary advantages of Pi Network is its accessibility. Unlike traditional cryptocurrencies that require expensive mining rigs and energy resources, Pi enables users to mine crypto directly from their mobile devices, making it appealing to a broader audience. The user-friendly interface and social approach also promote community engagement, further driving adoption.

Additionally, the Pi Network prioritizes sustainability by emphasizing low-energy consumption, which aligns with growing concerns over the environmental effects of conventional cryptocurrency mining. The network's focus on enhancing user experience and fostering a community-driven approach may also contribute to its potential for long-term growth.

Challenges and Critiques

Despite its advantages, Pi Network faces several challenges. The primary critique revolves around its lack of decentralization during the early stages of its development. The coin's mining is currently dependent on a centralized system, prompting concerns about security and credibility among more seasoned crypto investors.

The transition from a testnet to a fully functional mainnet poses another hurdle for Pi Network. Users are eager to see how the platform will evolve and whether it can deliver on its promises of trading and using Pi coins in the real world. Furthermore, market volatility remains a risk, as witnessed in prior price fluctuations that can lead to investor uncertainty.

Future Outlook

The future of Pi Network largely hinges on the success of its platform rollout and the overall adoption of the cryptocurrency market. If the developers can navigate the transition to a fully decentralized system and establish partnerships with merchants and businesses, there is potential for significant growth in the coming years.

Investors should keep a close eye on market developments and community engagement as indicators of future performance. While Pi Network rides a wave of optimism, it must execute its vision effectively to stay relevant in an ever-evolving crypto landscape.

Conclusion

In summary, Pi Network presents a unique opportunity within the cryptocurrency space, characterized by its accessibility, community-driven approach, and potential for growth. However, it is not without its challenges and risks. As the cryptocurrency market continues to mature, the evolution of Pi Network will be an aspect worth monitoring for both investors and enthusiasts alike.

General Information

Title
Pi Network
Symbol
pi
Whitepaper
-
Website
Community
-
Last Updated
2025-07-07 23:29

Price Data

Current Price $
0.45689 $
High 24h
0.47350 $
Low 24h
0.45288 $
Price Change 24h
-0.00550 $
Price Change % 24h
-1.18916 %

Market Data

Market Cap
3 496 062 387
Total Volume
77 952 986
Market Cap Change 24h
-34 237 742
Market Cap Change % 24h
-0.96983 %
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
7 644 963 085
Total Supply
11 760 744 431
Max Supply
100 000 000 000

Historical Data

All Time High (ATH)
2.99
ATH Change %
-84.70081 %
ATH Date
2025-02-26 16:41
All Time Low (ATL)
0.40700
ATL Change %
12.30509 %
ATL Date
2025-04-05 04:50