The Story of Pi: From Vision to Global Web3 Infrastructure

When Pi Network was first introduced in 2019, it carried a bold promise: to make cryptocurrency accessible to everyone. Unlike traditional crypto projects that required expensive hardware and technical expertise, Pi offered a mobile-first mining experience. Millions joined, not for instant profit, but for the belief in a decentralized future.

That belief has now evolved into a functioning ecosystem. As of September 2025, Pi Network has launched its Open Mainnet, upgraded to Protocol v23, and integrated with fiat platforms like Onramp Money—marking a new chapter in its story.

Protocol v23: A Foundation for Scale

On September 3, Pi Network transitioned to Stellar’s Protocol v23, introducing major technical enhancements:

• Parallel transaction processing for higher throughput

• Soroban smart contracts for scalable DApp development

• Decentralized KYC aligned with ERC-3643 standards

• Biometric authentication via Passkey

• Linux node expansion for institutional-grade infrastructure

These upgrades position Pi Network as a serious contender in the Web3 space, offering one-second finality, near-zero fees, and verified identity—all within a decentralized framework.

Real-World Utility and Ecosystem Growth

Pi Network’s infrastructure now supports a growing ecosystem of decentralized applications. Developers have launched over 80 DApps, ranging from peer-to-peer marketplaces and educational platforms to governance tools and social networks.

The launch of Pi Social Profiles and .pi domains has enabled users to build verified digital identities, while Pi App Studio empowers creators to build and monetize applications directly within the Pi ecosystem.

This utility is not theoretical. In regions like Southeast Asia, Africa, and Latin America, Picoin is already being used for real-world transactions—from food and services to digital content and community governance.

Fiat Integration and Market Access

One of the most significant developments in Pi Network’s journey is its integration with Onramp Money. As of September 2025, users in over 60 countries can purchase Picoin directly using local payment methods such as GCash, Maya, and Alipay.

This fiat access removes a major barrier to adoption and supports liquidity across the network. It also reflects Pi Network’s commitment to compliance and user accessibility, bypassing speculative exchange environments in favor of direct, regulated channels.

According to, this integration is part of a broader strategy to stabilize supply and support long-term growth. With token unlocks reduced to 161 million in September—nearly half of August’s volume—Pi Network is easing pressure on its price and reinforcing ecosystem integrity.

Price Volatility and Market Sentiment

Despite its technical and strategic progress, Pi Coin’s market price remains volatile. As of September 3, 2025, PI trades around $0.3448, with a market cap of $2.75 billion and daily volume exceeding $31 million. Analysts warn that if support at $0.34 fails, the price could drop further toward $0.32.

Indicators such as the Chaikin Money Flow and Bull Bear Power suggest bearish momentum, with fund outflows increasing and selling pressure dominating. However, some analysts remain optimistic, predicting a rebound toward $0.42–$0.45 if demand stabilizes.

the Story OF Pi pic.twitter.com/DcWOWK6L3C

— 玫玫團隊 (@abs11281) September 3, 2025

Institutional Interest and Strategic Partnerships

Beyond retail adoption, Pi Network is gaining traction among institutional players. The listing of the Valour Pi ETP in Sweden brought nearly $1 billion in assets under management, while partnerships with Swapfone and TransFi have expanded access to regulated markets.

These moves signal growing confidence in Pi Network’s infrastructure and governance model. They also reflect a shift in perception—from a speculative project to a viable platform for decentralized finance and digital identity.

Community Resilience and Global Reach

At the heart of Pi Network’s success is its community. With over 75 million users worldwide, the network is powered by pioneers who mine, build, and advocate daily. Their belief in the project has sustained it through delays, skepticism, and market fluctuations.

This grassroots energy is now being channeled into ecosystem development. From merchant onboarding and hackathon participation to educational outreach and governance proposals, the community continues to shape Pi Network’s trajectory.

The Road Ahead

Looking forward, Pi Network’s roadmap includes:

• Expansion of staking and DAO governance

• Broader integration with fiat platforms and payment gateways

• Launch of Pi-powered marketplaces and identity services

• Continued rollout of smart contract-enabled applications

• Potential listings on major exchanges such as Binance and Coinbase

These milestones will further solidify Pi Network’s position as a foundational layer in the Web3 economy.

Conclusion: The Story of Pi Is Still Being Written

Pi Network’s journey is far from over. From its humble beginnings as a mobile mining app to its current role as a global Web3 infrastructure, the project has defied expectations and redefined what a crypto network can be.

As pioneers continue to build, transact, and govern, they are not just participating in a blockchain—they are co-authoring a movement. And in that movement, Picoin is more than a token. It is a symbol of belief, resilience, and the power of decentralized collaboration.

Writer @Erlin

Erlin 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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