What could affect the price of PI?

Pi’s future price depends on how the network grows, regulatory challenges, and how many coins are available.

1. Mainnet Migration & KYC – Extended deadlines and risks of losing tokens could reduce supply.
2. Whale Activity – A major holder stopped buying, which might increase selling pressure.
3. Protocol Upgrades – The Stellar-based v23 upgrade aims to improve scalability and compliance.

Deep Dive

1. Mainnet Migration & KYC Deadlines (Mixed Impact)

Overview:
Pi Network has extended the deadline for users to complete KYC (identity verification) and move their tokens to the Mainnet until February 28, 2025. If tokens haven’t been moved and are older than six months, they may be lost, which could reduce the total supply. However, delays in launching the Open Network (now expected in early 2025) add uncertainty.

What this means:

• Positive: Over 14.8 million users have migrated their tokens (Pi Core Team), which shows growing network use and reduces the number of coins available for trading.
• Negative: If migration is slow or delayed further, confidence could drop, and tokens lost due to missed deadlines might increase selling pressure.

2. Whale Influence & Liquidity Risks (Bearish Impact)

Overview:
A large holder (“whale”) with 383 million Pi coins (worth about $101 million) stopped buying in early October. This coincided with a 20% drop in daily trading volume to $30 million. Pi’s low liquidity (meaning not many coins are traded regularly) makes its price more volatile.

What this means:

• The whale’s pause removes a big source of demand. Smaller sell-offs could lead to bigger price drops, especially since technical indicators show the coin is oversold but not yet showing signs of recovery.
• Support at $0.1837 (the lowest price this year) is important; if it breaks, the price could fall to around $0.10.

3. Protocol v23 Upgrade & Ecosystem Growth (Bullish Impact)

Overview:
Pi’s upcoming v23 upgrade, based on the Stellar blockchain (source), is designed to improve how the network scales, add built-in KYC compliance, and allow smart contracts. There are over 9,120 AI-powered decentralized apps (dApps) being developed, with 30 already live on the Mainnet.

What this means:

• If the upgrade is successful, it could attract more developers and users, increasing demand for Pi. Previous upgrades improved the network’s infrastructure but didn’t have a big effect on price.
• Stability after the upgrade (expected by late 2025) is key for getting listed on more exchanges and attracting institutional investors.

Conclusion

Pi’s price faces short-term challenges from large holders stepping back and delays in migration, but it has long-term potential if the Open Network launch and technical upgrades go smoothly. Watch the February 2025 migration deadline and the v23 upgrade rollout closely—these will determine if Pi can move from a speculative asset to a functional ecosystem or continue struggling with liquidity and trust.

What are people saying about PI?

The Pi community is divided between holding strong and selling in panic. Here’s what’s making headlines:

1. $1,000 by 2030? Analysts at Bitget are very optimistic.
2. Token unlocks raise concerns about a possible 45% price drop.
3. Traders debate whether $0.40 is solid support or if a breakout above $0.75 is coming.

Deep Dive

1. @johnmorganFL: $1,000 Price Target by 2030 – Bullish

“Bitget Global analysts predict Pi Coin could reach $1,000 by 2030”
– @johnmorganFL (X · July 3, 2025, 07:33 UTC)
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What this means: This is positive news for Pi ($PI) because it depends on more people using it and the coin becoming more useful. But right now, the price is about $0.26 and has dropped over 84% in the past year, which makes this prediction seem a bit far off.

2. CoinMarketCap Community: 630M Token Unlock Tsunami – Bearish

“June-August unlocks total 630M tokens… a flood of sell pressure”
– CoinMarketCap post (May 30, 2025, 06:47 UTC)
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What this means: This is a warning sign for Pi ($PI). When locked tokens become available, many holders might sell, increasing supply and pushing prices down. In July alone, 276 million tokens will unlock, which could lead to $72 million worth of selling at current prices.

3. @PiNewsMedia: $0.40 Support Battleground – Mixed

“PI consolidates near $0.42 support; breakout to $0.628 possible”
– @PiNewsMedia (X · July 26, 2025, 10:24 UTC)
View original post
What this means: The price is holding around $0.40, which is a key level. If it stays above this, Pi could rise about 20% to around $0.63. But if it falls below $0.40, the price might drop further.

Conclusion

Opinions on Pi ($PI) are mixed. Some investors are betting on long-term growth thanks to new apps and AI features, while others worry about short-term risks like token unlocks and a recent 43% drop over the last 90 days. Enthusiastic supporters talk about $1,000 price targets, but skeptics point to large weekly token releases and weakening price trends. Keep an eye on the July 27 Global Crypto Venture (GCV) event in India for signs of wider adoption. However, be cautious—Pi’s low trading volume (turnover ratio of 1.54%) means the market can be unpredictable and volatile.

What is the latest news about PI?

Pi Network is facing some selling pressure but is making tech improvements and seeing big investors adjust their positions. Here are the key updates:

1. AI-Powered KYC Launch (October 3, 2025) – New automated identity checks aim to make it easier for users to join, addressing some concerns about limited trading activity.
2. Big Investor Pauses Buying (October 2, 2025) – A major holder stopped buying after months, raising worries about increased selling.
3. Gold Sponsorship at TOKEN2049 (October 1, 2025) – Pi Network gained visibility at a major crypto event, aiming to attract institutions and developers.

In-Depth Look

1. AI-Powered KYC Launch (October 3, 2025)

What happened:
Pi Network rolled out an AI-driven Know Your Customer (KYC) system to speed up user verification as they move to the Mainnet. This upgrade automates identity checks while keeping regulatory compliance, helping onboard their 50 million+ users faster.

Why it matters:
This update could help Pi grow by making it easier for new users to join. However, it doesn’t fix the problem of low trading activity (liquidity) yet. The real impact depends on how many exchanges list Pi, which is still limited. (NullTX)

2. Big Investor Pauses Buying (October 2, 2025)

What happened:
A large Pi holder with 383 million PI tokens (worth about $101 million) stopped buying after months of steady purchases. They moved 1.4 million tokens to cold storage, and daily trading volume dropped by 20%.

Why it matters:
This is a short-term negative sign. When big investors stop buying, it can lead to more selling pressure. Pi’s price hit a low of $0.1837 on October 3, and technical signals suggest the price could fall further. (TokenPost)

3. Gold Sponsorship at TOKEN2049 (October 1, 2025)

What happened:
Pi Network became a gold sponsor at TOKEN2049, a major crypto conference in Singapore, sharing the spotlight with big names like Binance and Coinbase. The focus was on Pi’s compliance efforts and real-world use cases, but no new exchange listings were announced.

Why it matters:
This boosts Pi’s reputation and shows it’s serious about growing long-term. However, without new partnerships or updates on token economics, immediate excitement is limited. (X (Mansingh_1B))

Conclusion

Pi Network is working on important upgrades while dealing with market challenges. The new KYC system and high-profile event presence show progress, but big investor pauses and low liquidity create risks in the near term. The big question is whether interest from TOKEN2049 will lead to more exchange listings or if selling pressure will continue to dominate.

Why did the price of PI fall?

Pi (PI) dropped 1% in the last 24 hours, adding to a 25.5% decline over the past month. The main reasons include big investors (whales) stopping their buying, negative technical signals, and strong competition overshadowing Pi’s recent upgrades.

1. Whale selling pressure – A major investor paused buying after accumulating 383 million PI tokens (worth about $101 million), raising concerns about market liquidity.
2. Technical breakdown – The price fell below a key support level of $0.317, with indicators like RSI and MACD showing the coin is oversold.
3. Competitor hype – BlockDAG’s successful $420 million presale grabbed attention away from Pi’s new KYC and AI features.

Deep Dive

1. Whale Activity Shift (Negative Impact)

One of Pi’s largest holders, often called a whale, stopped buying tokens about 10 days ago after buying 383 million PI (Coingape). This coincided with a 20% drop in daily trading volume to $33.3 million, showing less demand. Whale wallets now hold about 52.2 billion PI, which is roughly 90% of all tokens, raising concerns about too much control in a few hands.

What this means: When this whale paused buying, it removed a major source of market support. Since only about 8.25 billion tokens are actively traded, even small sales from big holders can cause big price swings.

2. Technical Breakdown (Negative Impact)

Pi’s price is currently below important moving averages (7-day average at $0.268 and 30-day average at $0.322) and has dropped below the $0.317 support level. The MACD indicator shows continued downward momentum, while the RSI is near oversold levels at 30.86, but hasn’t yet signaled a rebound.

What to watch: If the price can rise above $0.268, it might see a short-term bounce. But if it falls below $0.223, the next support level is $0.184, which was the low point in 2025 (CCN).

3. Ecosystem Developments vs. Market Sentiment (Mixed Signals)

Pi recently introduced AI-powered KYC (identity verification) and partnered with Sign Protocol to improve decentralized identity (X post). However, these updates were overshadowed by BlockDAG’s $420 million presale and claims of a 2940% return on investment in the same news cycle (NullTX).

What this means: While Pi is making real technical progress, the lack of listings on major exchanges and clear ways to use the token for profit leaves it vulnerable to negative market sentiment driven by hype around competitors.

Conclusion

Pi’s recent price drop is due to reduced support from big investors, negative technical trends, and strong competition stealing the spotlight. Although the project continues to improve its technology, without major exchange listings or new ways to increase liquidity, Pi remains at risk of further declines.

Key points to watch: Whether the big whale investor starts buying again or sells off, and if Pi can climb back above $0.268 to break the current downtrend.

What is expected in the development of PI?

Pi Network is focusing on growing its ecosystem and improving its technology with three key developments:

1. Testnet v23 Upgrades (September 2025) – Preparing for smart contracts and automating identity verification (KYC).
2. Pi Hackathon 2025 (October 15) – Encouraging developers to create new apps to increase Pi’s usefulness.
3. Mainnet Migration Scaling – Fixing identity verification delays to help more users join the main network smoothly.

Deep Dive

1. Testnet v23 Upgrades (September 2025)

Overview:
In September 2025, Pi Network launched Testnet v23, which introduced faster, automated identity checks (KYC), improved data handling, and set the stage for decentralized applications (dApps) (CryptoInMENA). These upgrades aim to reduce mistakes in verifying users and prepare the network for smart contracts.

What this means:
This update is generally positive for Pi (PI). It shows progress toward a more reliable and advanced platform. However, delays in launching the full main network and getting listed on major exchanges like Binance and Coinbase remain challenges.

2. Pi Hackathon 2025 (October 15)

Overview:
The Pi Hackathon, running from August 21 to October 15, offers a total prize of 160,000 PI to developers who build new apps on Pi’s platform using tools like PiOS and Pi App Studio (Pi Core Team).

What this means:
This is a positive sign for Pi. New apps can increase how useful Pi is, attracting more users. Still, the success of these apps depends on the main network being fully ready and users actively engaging with them after launch.

3. Mainnet Migration Scaling

Overview:
More than 13 million users have moved to Pi’s main network, but identity verification (KYC) delays continue, especially in areas with limited verification resources. Recent backend improvements aim to fix “Tentative KYC” issues and speed up the process (Pi2Day 2025 Updates).

What this means:
This is crucial for Pi’s future value. Faster migrations mean more users can trade and use Pi freely, which could reduce selling pressure. However, ongoing delays risk losing community trust.

Conclusion

Pi Network is making steady progress by upgrading its technology and expanding its ecosystem. However, challenges remain, particularly with the timing of the full main network launch and getting listed on major exchanges. The big question is whether Pi’s focus on compliance and decentralized identity verification will attract institutional investors after Token2049.

What updates are there in the PI code base?

Pi Network is making important updates to its technology, focusing on improving its blockchain protocol, supporting Linux-based nodes, and advancing decentralized identity verification (KYC).

1. Testnet Protocol v23 Upgrade (September 19, 2025) – Improved blockchain performance by integrating Stellar Core technology.
2. Step-by-Step Protocol Upgrades (September 12, 2025) – Gradual rollout from version 19 to 23 to ensure stability.
3. Linux Node Release (August 27, 2025) – Added support for Linux operating systems to help decentralize the network.

In-Depth Look

1. Testnet Protocol v23 Upgrade (September 19, 2025)

What happened: Pi Network updated its Testnet to Protocol v23 by incorporating Stellar Core v23 and Horizon v23. This update brings faster transaction speeds and better compliance with regulations.

It also introduces improved consensus methods and prepares the network for future decentralized applications (dApps). Node operators need to update their Docker containers to stay synced with the network.

Why it matters: This upgrade shows Pi’s growing technical strength and readiness for advanced features like decentralized finance (DeFi). However, if node operators delay updating, it could slow down progress temporarily. (Source)

2. Step-by-Step Protocol Upgrades (September 12, 2025)

What happened: Pi is gradually upgrading its blockchain protocol from version 19 to 23. The Testnet is currently running version 20. Each upgrade phase adds improvements while keeping compatibility to avoid disruptions.

This process includes testing new features such as automated KYC and better data handling. Developers can also try out smart contract templates on Testnet2 before they go live on the Mainnet.

Why it matters: While this cautious approach reduces risks, it also means new features will take longer to become fully available. Users should watch Testnet performance to see how well the network scales. (Source)

3. Linux Node Release (August 27, 2025)

What happened: Pi launched a version of its Node software that works on Linux systems. This makes it easier for developers and exchanges using Linux to participate in the network.

The Linux Node simplifies setup and supports automatic updates. It also helps standardize the network infrastructure, which is important for the upcoming Protocol 23 upgrade.

Why it matters: Supporting Linux is a positive step toward decentralization, as it encourages more technical contributors to join. However, node rewards have not changed, so short-term incentives remain the same. (Source)

Conclusion

Pi Network’s recent updates show a clear focus on building a stronger, more scalable, and decentralized blockchain. The Protocol v23 upgrade and Linux Node support prepare the network for more advanced applications, while the gradual upgrade process helps maintain stability.

Looking ahead: Will the full rollout of Protocol 23 on Mainnet align with exchange listings to increase liquidity? This is something to watch closely.