Pi Network Under Pressure: $PI Slides to 57th on CoinMarketCap Amid Market Chaos

In the midst of widespread market instability, Pi Network’s native cryptocurrency $PI has experienced a significant downturn, falling to the 57th position on CoinMarketCap. This decline reflects broader challenges facing the crypto sector, but also raises specific questions about Pi Network’s current trajectory and its ability to maintain relevance in a competitive and rapidly evolving landscape.

According to recent observations shared by Twitter user @pinetworkmember, “In the current market chaos, $Pi has fallen to the 57th place on CoinMarketCap. Sadly, $Pi isn't showing positive signs anywhere.” This sentiment echoes growing concerns among investors and community members who have watched Pi’s market performance weaken over the past several months.

Market Context and Performance Trends

The crypto market has been under pressure due to macroeconomic uncertainty, regulatory developments, and shifting investor sentiment. While many established tokens have seen price corrections, Pi Network’s drop in ranking is particularly notable given its ambitious roadmap and large user base.

$PI’s decline is not isolated—it follows a three-month trend of diminishing market capitalization and reduced trading volume. Analysts point to a lack of major exchange listings, limited liquidity, and delays in open mainnet deployment as contributing factors.

Community Sentiment and Developer Silence

Pi Network has built a strong global community of “Pioneers,” many of whom have supported the project since its early mobile mining phase. However, the recent downturn has tested community confidence. Discussions across social platforms reveal frustration over price stagnation and uncertainty about the project’s next steps.

Despite the growing concern, Pi Network’s core development team has remained relatively quiet. While internal development continues, the absence of clear communication regarding market strategy and ecosystem expansion has left many users seeking reassurance.

Utility vs. Speculation

One of Pi Network’s founding principles is to prioritize utility over speculation. The project aims to build a decentralized ecosystem where Picoin serves as a medium of exchange, a governance token, and a foundation for web3 applications. However, the current market performance suggests that utility alone may not be sufficient to sustain investor interest without broader adoption and liquidity.

The lack of external wallet support and limited integration with major dApps and exchanges has constrained Picoin’s usability. Until these barriers are addressed, $PI may struggle to regain momentum.

In the current market chaos, $Pi has fallen to the 57th place on CoinMarketCap.

Sadly, $Pi isn't showing positive signs anywhere. 🩸

What are your thoughts?#pi #pinetwork #minepi pic.twitter.com/uo9HeIXsG6

— pinetworkmembers (@pinetworkmember) October 10, 2025

Technical and Strategic Challenges

Several technical and strategic hurdles remain for Pi Network:

• Mainnet Launch Delays: The open mainnet has yet to be fully deployed, limiting the token’s accessibility and tradability.

• Exchange Listings: Without listings on major exchanges, $PI lacks the visibility and liquidity needed to attract new investors.

• Regulatory Clarity: As global regulations tighten, Pi Network must ensure compliance and transparency to maintain credibility.

These challenges are not insurmountable, but they require decisive action and clear communication from the development team.

Long-Term Outlook

Despite short-term setbacks, Pi Network retains several strengths that could support a future recovery:

• Large User Base: With tens of millions of users worldwide, Pi has a strong foundation for adoption.

• Mobile Accessibility: Its mobile-first mining model remains unique and inclusive.

• Vision for Web3: Pi’s emphasis on verified identity, decentralized governance, and real-world utility aligns with emerging trends in digital finance.

If Pi Network can deliver on its roadmap, improve liquidity, and expand its ecosystem, it may yet reclaim its position among top-tier crypto projects.

Conclusion

Pi Network’s fall to 57th place on CoinMarketCap is a sobering moment for a project that once promised to redefine digital currency. While the current outlook is uncertain, the network’s core principles and community support offer a path forward—provided the development team takes bold steps to address market concerns and unlock Picoin’s full potential.

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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