PI Network has taken the headlines in the Crypto community, with growing speculation on a possible Binance list and daring predictions that the price could rise to $ 10. A further consideration of market data and technical indicators, however, shows that such expectations can be too optimistic for the time being.
Impressive growth, but fundamental challenges continue to exist
In the 100 days since the open mainnet launch of PI Network, the project has reached milestones. More than 3 million new users have become members of the platform, which means that the total number of active pioneers is brought to more than 13 million. Moreover, more than 400,000 nodes are now live, to support the decentralized network.
Various new initiatives have been rolled out, including Pi Ventures, a $ 100 million fund for startups and fruity PI, a casual gaming app. In the recent Pifest 2025 event, more than 1.2 million sellers also participated, which shows that the attempt of the network to evolve from a mining app to a functioning commercial ecosystem.
Despite this progress, the price of Pi Coin has made an effort in recent weeks. The Token fell by almost 30% in the past month and has currently fallen by more than 7% today and traded around $ 0.50. This drop brings the price alarmingly close to an important level of support at $ 0.40.
Technical indicators also paint a bearish statue. The relative strength index (RSI 14) has fallen to 30, usually a sign of over -sold circumstances. However, analysts see that there is no confirmation of a bullish reversal. One crypto analyst mention on social media, “I will be surprised if PI does not hit $ 0.40 in July.”
Is $ 10 a realistic target?
According to a recent Pi-network price prediction by Coindcx, it was expected that the early part of 2025 would see bulls that received a strong control, which caused PI price to rise above $ 4.80 to $ 5.00 in the middle of the year. Because we are now halfway through the year, those bullish goals remain far from reality, with PI currently struggling around $ 0.50. The long -term prediction of the platform sees PI ranging from $ 3.3 to $ 5.5 in 2025 and possibly reach $ 9.1 by 2027.
To approach Pi the Much Hyped $ 10 digit, the sustainable question, increased exchange lists and a larger utility for the real world would require that that stage is not confirmed at this stage. Even if PI would recover his earlier peak valuation compared to Bitcoin, this would only imply an increase of 190% compared to current levels, which would make market capitalization around $ 26 billion.
Such appreciation would place PI with the top 10 cryptocurrencies, a position that, according to many analysts, would be difficult to justify in view of the current approval and liquidity of the project.