Pi Network in Crisis – Can Belief Revive a Forgotten Coin?

In the aftermath of the global crypto crash, most digital assets have shown signs of recovery. Bitcoin regained momentum, Ethereum surged with new upgrades, and altcoins found fresh use cases. But one coin remains conspicuously flat: Pi Network’s $PI. Once hailed as a revolutionary project with a massive user base, Pi now faces a crisis of confidence. The question is no longer about price—but about belief.

From Faith to Forgotten: The Decline of $PI

According to community commentary from @pibartermall, over 90% of crypto participants have abandoned Pi. Even early pioneers—those who once championed the project—now express doubt. The coin that once symbolized hope for a decentralized, mobile-first economy has become a cautionary tale.

The stagnation is not just technical. It’s emotional. The community, once vibrant and optimistic, now sighs with resignation. “We once loved deeply, but we are powerless,” reads one post. This sentiment reflects a broader disillusionment with Pi’s trajectory and the lack of visible progress.

Why Pi Network Has Struggled to Rebound

Several factors contribute to Pi’s current state:

• Lack of Exchange Listing: Unlike other coins, Pi is not yet listed on major exchanges, limiting liquidity and price discovery.

• Delayed Mainnet Activation: While Pi has made strides in testnet development, the full transition to Mainnet remains pending, creating uncertainty.

• Utility Gap: Despite a large user base, Pi still lacks widespread real-world use cases, making it difficult to justify long-term value.

These issues have compounded over time, eroding trust and participation. In a market driven by momentum and visibility, Pi’s silence has been deafening.

💥 $PI — From Faith to Forgotten.
📉📉📉😡😡😡
After the crypto crash, most coins have rebounded strongly —
except $PI, which still lies flat on the ground.

Over 90% of crypto players have given up,
even the early pioneers no longer believe in its future.

Now, the community… pic.twitter.com/DPj7DccNx9

— Pi Barter Mall/Pi Network 来购酷买 (@pibartermall) October 12, 2025

The Role of Community in Revival

Despite the decline, a core group of believers remains. Posts urging pioneers to retweet and tag Pi’s founders show that hope is not entirely lost. This grassroots activism could be the key to revival. In decentralized ecosystems, community engagement often drives innovation and adoption.

If Pi can reignite its base—through transparency, utility development, and strategic partnerships—it may still chart a path forward. The infrastructure exists. The user base is massive. What’s needed now is leadership and clarity.

Web3 and the Road Ahead

Pi Network’s original promise was to democratize access to crypto through mobile mining and social trust. These principles align with the broader goals of Web3: decentralization, inclusion, and user empowerment. If Pi can reconnect with these values and deliver tangible progress, it could reclaim its place in the Web3 narrative.

Conclusion: A Moment of Reckoning

Pi Network stands at a crossroads. The faith that once fueled its rise has faded, but the potential remains. Whether Pi becomes a forgotten relic or a revived force depends on what happens next—not just from its developers, but from its community.

Writer @Ellena

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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