Pi Coin Mainnet Launch: A Major Milestone Amid Price Decline

Pi Network has once again captured global attention with the official launch of its Pi Coin mainnet. Despite a sharp decline in the coin’s market value, the project’s massive user base remains loyal and engaged. With millions of active participants and a growing ecosystem, Pi Network proves that a crypto project’s true value lies not only in its price but in its community strength and long-term vision.

Mainnet Launch: A Defining Moment

After years of development in a closed environment, Pi Network officially launched its open mainnet in February 2025. This milestone allows users to transfer, trade, and utilize Pi Coin on a fully functional blockchain. It marks a turning point in Pi Network’s journey toward global adoption.

Pi Coin debuted at approximately $1.24 on major exchanges such as OKX, Bitget, and MEXC. Initial excitement and speculation drove the price close to $3 before a significant correction followed.

Price Decline: Causes and Consequences

The more than 80% drop from Pi Coin’s peak can be attributed to several key factors:

• Initial Overvaluation and Speculation: Early hype led to profit-taking by initial holders.

• Token Unlock Schedule: Aggressive release of tokens created selling pressure.

• Limited Liquidity: Availability on only a few exchanges made the market highly volatile.

• Slow KYC and Migration: Only a fraction of users completed identity verification and token migration in time.

Despite the price drop, Pi Network continues to maintain a robust and active user base, underscoring its long-term resilience.

Although the price of the currency has fallen, the launch of the $Pi Coin mainnet is still a major milestone! 🛠️ Millions of users continue to trust this ecosystem, which shows that the foundation is solid. We look forward to the project team bringing more features and… https://t.co/1NLAhdHuSf

— Pi Barter Mall/Pi Network 来购酷买 (@pibartermall) July 27, 2025

Community Trust: A Powerful Foundation

One of Pi Network’s greatest strengths is its community. With over 60 million registered users and millions verified through KYC, the project boasts a vast and committed user base. This community actively engages in trading, app development, events, and merchant adoption.

Events like PiFest and Pi2Day highlight the community’s enthusiasm. During Pi2Day, more than 2.6 million users participated in ecosystem challenges, reinforcing loyalty and engagement.

Beyond the Token: A Thriving Ecosystem

Pi Network is more than just Pi Coin. It has built a comprehensive Web3 ecosystem that includes decentralized apps, developer tools, and community features. Platforms like Brainstorm and App Studio empower users to create chatbots, mini apps, and blockchain-based solutions.

Over 70 apps have launched within the Pi ecosystem, spanning payments, gaming, and utilities. Additionally, Pi Network announced a $100 million developer fund to support innovation and strengthen its post-mainnet roadmap.

Challenges and Future Outlook

While the mainnet launch is a major achievement, Pi Network still faces several challenges:

• Regulatory Compliance: Slow KYC and unclear data policies raise concerns for regulators and institutional investors.

• Exchange Support: Pi Coin is not yet listed on major platforms like Binance or Coinbase, limiting access and trading volume.

• Token Inflation: Without deflationary mechanisms like token burning, increasing supply may continue to pressure prices.

Nevertheless, optimism remains high. Analysts believe that with improved infrastructure, broader exchange support, and real-world adoption, Pi Coin could stabilize and grow in value.

Conclusion

The launch of Pi Coin’s mainnet marks a new chapter for Pi Network. Despite a steep price decline, the project’s strong community, active ecosystem, and long-term vision offer hope for its future.

Pi Network demonstrates that the true value of a crypto project lies in community participation, technological innovation, and a commitment to financial inclusion. Amid market volatility, Pi remains a symbol of inclusive and sustainable Web3 potential.

Writer @Ellena

Ellena is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

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