Price Pi Network, the new revolutionary cryptocurrency. What price can it reach?
Pi Network was launched in 2019 by a group of graduates from Stanford, led byNicolas Kokkalis and Chengdiao Fanand was thought of as an accessible solution to participating in the Crypto market of all those who do not have advanced technical or financial resources. The currency can be rendered directly from smartphones, without consuming high energy resources. Users just have to open the app once a day to mine.
Pi Network quickly expanded its number of users, reaching over 110 million downloads at the end of 2024, and on February 17, 2025 a number of 540 thousand new users joined the network. On February 20, 2025, the PI network marked a historical moment, entering the Open Mainnet at 08:00 AM UTC. This launch is considered a reference moment because it allows users to transfer their coins to external scholarships and to participate in the global crypto market.
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Pi Network is a revolutionary cryptocurrency that aims to be accessible to anyone. Its purpose? To democratize access to blockchain technology, giving anyone the opportunity to participate in a simple and efficient way. But what is, more precisely, Pi Network and how does its mining process work?
What is pi network
Unlike Bitcoin, which requires specialized hardware (such as expensive asics) and considerable energy consumption, Pi Network does not require mining or knowledge equipment. With the help of a smartphone and a mobile application, anyone can create an account and start to move PI at any costs. At the moment, the application is in the 4th position in the top of the social category in Google Play Store.
Ecosystem Pi Network
Another remarkable aspect of this project is its constantly developing ecosystem. Currentlythe Blockchain Pi Network includes:
Blockchain PI:a decentralized and efficient energy register, used to record ecosystem transactions, including DApps, services and PI products.
Wallet Pi:A secure digital wallet in which users can store their PI coins. This is extremely important for future mainnet transactions.
Pi nodes:Anyone who wants to contribute more to the network security can run a knot on its computer.
Pi Kycis the process of verifying the identity of the participants to ensure the conformity with the regulations in force.
The token model and the mining mechanism PIestablish the principles of identifying and rewarding the contributions of miners on the network.
Blockplorer Pi Network:It gives pioneers access to blockchain and the possibility to consult the transaction history. Users can examine details such as the sender and recipient addresses, transferred amounts, taxes and other relevant information.
PI PSPS platform:encourages developers to create applications that accept Pi as a currency, thus promoting its usefulness.
All these features are designed to support the network and to provide users with more options to use PI currency in the real world.
The PI Network platform includes:
PI Browser-the main environment for the DAPs of the PI network. Here, users can complete the KYC process, access independently developed applications, interact with blockchain and manage the PI wallet, all through a single account.
The ecosystem interface- offers users access to a selection of PI applications. Developers can present the projects of a wide audience, benefiting from testing and feedback from users.
PI Net- ensures the connectivity between PI Network applications and the web2 environment.
The PI developer platform-allows the integration of applications with the PI network through dedicated SDKs and APIs, thus contributing to the extension of the PI currency.
The portal for PI developers- a space where developers can register and manage their own applications, facilitating direct payments through PI Network.
The main aspects of the Pi Network mining process
Accessibility: There is no need for special hardware or advanced technical knowledge about blockchain technology. Anyone has a smartphone can join the network.
Low energy consumption: Unlike traditional mining, which uses massive amounts of electricity, PI can be mined without high battery consumption.
Limit of the number of units: While Bitcoin and other cryptocurrencies have a maximum limit of the number of units that can be created, Pi Network uses an inflationary model to maintain the offer in constant growth. This ensures the stability of the currency and encourages its use as a means of payment.
Roadmap Pi Network
The PI Network project has been divided into several clear phases, each with its own goals:
Phase 1 - beta
In December 2018, the PI project launchesthe alpha prototype of the mobile application. The beta phase is considered the "pioneering" phase of the network. On March 14, 2019, the official launch of the PI Network network takes place and the project of the project is published.This phase has been mainly focused on creating mobile application and early adoption by users. No transactions were made between users at this stage.
Phase 2 - Testnet
One year after launch, the PI project enters the second phase, testnet. This phase allowed the testing under real conditions, by running the nodes by volunteer users. During this phase, the developers were able to prepare the applications for the next stage.
Phase 3 - ENCLOSED MAINNET
The phase begins in December 2021, given that the network becomes active, but is protected by a firewall. The transition of "PI pioneers" takes place to the main network and KYC checking.
Phase 3 - Open Mainnet (course transition)
This is the moment when the PI currency becomes usable for transactions. Open Mainnet is the point where the project evolves from a simple digital currency to a true decentralized economy.
The way PI Network protects the confidentiality of users
One of the greatest concerns of cryptocurrencies is the confidentiality of users. Although transactions are anonymous, which means that the user's real name is not associated with a certain transaction, the wallet addresses can be easily followed and connected to a person's identity by analyzing the blockchain.
To avoid these problems, PI Network uses a safe cryptographic algorithm that protects the anonymity of users. In addition, the platform is based on the principle of distributed confidence, where the information is kept and verified by several users, not just a single centralized knot. This provides additional protection against cyber attacks.
Pi Network also has a strict privacy policy and undertakes not to sell or share third -party users data without their consent.
In conclusion, PI Network is an innovative platform that places great emphasis on protecting the confidentiality of users and creating a strong and responsible community.
Is cryptocurrency pi the next big boom?We have an article on this topic, which we invite you to readhere.
How the cryptocurrency pi works and what is Federate Proof of Stake
Unlike Bitcoin and Ethereum, Pi Network uses a unique concept called "Federated Proof of Stake (FPOS)". Next, we will analyze what is proof of stake (POS), how Federated Systems work, what it means and what are the advantages (or risks) for investors.
What is proof of stake (POS)
Proof of Stake (POS) is one of the most used mechanisms for validating transactions and ensuring security in blockchain. Unlike Proof of Work (POW), POS does not require energy consuming processes.
The validators are chosen to add new blocks based on their number of Staked (blocked) cryptocurrency.
This process reduces the need for expensive hardware and high energy consumption.
The rewards, in the form of cryptocurrencies, are offered to those who secure the network.
What is a Federate System
A Federated System is a decentralized structure in which several participants (called "federators") work together to maintain the network. Unlike completely democratic systems, where everyone can participate, in a federated system only the approved (validators) nodes have the authority to make decisions. Federators are third -party, independent entities, which have the role of verifying and certifying the compliance of the financial products and services with the established standards and regulations. They act as a kind of "arbitrator" or "auditor" to ensure the quality and integrity of the services.
Benefits of federated systems include:
Less congestion- the limited number of federators allows faster transactions.
Increased security- reducing the risk of attacks, because only trust participants can validate transactions.
Better control- ideal for networks that want to provide a quality standard for validation.
What is Federated Proof of Stake (FPOS)
1. The validators in the FPOS system (Federated Proof of Stake) are chosen according to the number of cryptocurrencies they hold and allocate.
2. Această verificare oferă un nivel suplimentar de securitate și reduce riscul unor validatori rău-intenționați.
3. The power is decentralized, but managed by a select group that ensures the efficiency and integrity of the network.
Fpos is a popular method used in projects such as Dash and Stellar. This system offers an improved solution for the scalability and security issues encountered by other Proof of Stake protocols. FPOS also allows a higher decentralization than traditional federated systems.
Price Pi Network Coin, decreasing by 62% after launch. What caused the decline
After the long -awaited listing on decentralized scholarships such asOKX, Bitget, HTX or Bitmart, the currency recorded a dramatic decrease of 62.60%. This quick decline aroused controversy and raised questions among investors. What caused this sudden decrease and what future does Pi Network Cryptomoneda have the star of February?
Photo source: crypto.news
3.1 Initial price increase
The enthusiasm for Pi Network Coin was huge at the time of listing. In the first hours, the value of the currency increased up to a maximum price of$ 1.97. This growth was attributed to major anticipation on the market, with over 110 million PI network users waiting for the opportunity to trade currency.
However, this beginning performance was not sustainable. Only one day later, the price dropped to$ 0.737, a decline that surprised many investors.
Why did the price of Pi Network decrease by 62% after launch
1. Massive sales from miners
One of the main reasons for this decrease isthe early miners,who took the opportunity to collect the money on the mined coins. When the currency became trading, many of them sold in the mass, causing an increase in the offer and a decrease in the price.
2. Small purchase volumes
An analystKim H Wong explained, on X(former Twitter), that the PI market is currently dominated by sellers. There are few significant buying orders, and the big capital is missing. However, Wong is optimistic, saying that, as the pressure from the sellers is reduced, investors could return, stabilizing the price of the currency.
3. Lack of listing on binance
Although Pi Coin has been listed on important platforms such asOkx,Gate.ioandBitget, the absence of listing onBinance, the largest exchange platform in the world, remains a significant disadvantage. Binance offers huge liquidity, credibility and exposure, and its absence limits the short -term PI Network potential.
4. Poorly developed ecosystem
While PI Network provides a basis browser and wallet, decentralized applications (DAPPS) built around the Ecosystem pi are few. This lack of concrete use cases limits the attractiveness of the currency for serious investors.
5. Critics from experts
The Bybit CEO, Ben Zhou, called ascamand publicly declared that the platform would not list the currency. Zhou criticized the project for the lack of transparency and compared the project with negative experiences from the Forex field.
3.3 What does pi network mean for investors?
Although the onset of the currency has been marked by major fluctuations, there is still potential for long -term growth. Future increase in PI Network price will depend on the following factors:
Large adoption:If PI Network proves it can be used for daily transactions, it will certainly become much more attractive to investors.
Extension of the ecosystem:Development of DAPPS applications and strengthening the functions offered could increase the competitiveness of cryptocurrency Pi Network on the Crypto market.
Additional listings:An eventual listing on binance or other major platforms could trigger a new wave of interest.
For cryptocurrency enthusiasts, a precautionary lesson
The volatility of PI Network Coin offers a valuable lesson on the risks of investments in emerging cryptocurrencies. Each investor should do their homework, analyze potential risks and make informed decisions.Any investment in cryptocurrencies must be made with caution.
Evolution price pi network according to Coinpedia. At what price can pi network reach
Today, February 19, 2025, we have a PI Network price located around$ 1,554. Pi Network currently has over 35 million active users, an impressive aspect for a relatively new project.
Photo source: coinpedia
Predicted Pi Network Predicture for 2025
According toCoinpedia, the price of the PI currency could reach amaximum of $ 2.50 in 2025, depending on the conditions of the Crypto market and the increase in the number of active users.However, major capital liquidations or general tendencies for lowering cryptocurrency prices could lead to a minimum PI Network price of $ 0.50 by the end of the year.
Predicing Pi Network Predicture for the period 2026-2029
2026:The price of PI Network could vary between$ 0.83 and $ 4.12, with an average of around$ 2.47.
2027:The maximum value could reach$ 6.59, and the minimum one could stop at$ 1.14. The expected average price is$ 3.86.
2028:Coinpedia estimates that the price of PI Network could reach a maximum of$ 9.17, and the minimum is$ 1.56, with an average value of$ 5.36.
2029:For this year, estimates suggest a fluctuation between$ 2.27 and $ 12.68, and the average could be around7.47.
Predicing Pi Network price for 2030
By 2030, Coinpedia anticipates that the value of the PI currency could reach a price of$ 16.74under favorable conditions. However, if the market becomes Bearish, the minimum for this year could decrease to$ 3.19, with an average estimated value of around$ 9.96.
If you want to buy Pi Network as an investment, in order to make a profit, it is essential to inform yourself well and fully understand all the risks and opportunities. Abarai offers you the necessary tools, but it recommends that you only invest the amount you allow you to lose, because the price of Pi Network is extremely volatile.
How to Mine Pi Network on your smartphone?
Unlike Bitcoin, where mining equipment is essential, the process of mine is very simple. Here's how it works:
1.Download the PI Network app:it is available for both Android and iOS. All you have to do is register with a username and password.
2.Check your identity:Pi requests a minimum check to guarantee users' legitimacy.
3.Press the "Minaţi" button once a day:the mining takes a few seconds and consumes neither additional energy nor mobile data.
4.Invite your friends and family:As your team grows, the mining rates will grow.
The process is completely safe and does not affect the phone performance or battery life.