The Pi Network has officially launched its mainnet, but the price of PI tokens started below $3—far from the $10 some investors hoped for. Founders Dr. Nicolas Kokkalis and Dr. Chengdiao Fan are shifting focus from speculative gains to real-world utility. What does this mean for the future of Pi Network? Let’s dive in.
Pi Network Mainnet Launch: A Reality Check
The Pi Network mainnet went live on February 20, 2025, with PI tokens initially priced at $2.98. This disappointed some early adopters who expected higher valuations. However, the founders emphasize that long-term success depends on utility, not short-term price spikes.
Why Utility Trumps Price in Cryptocurrency
The Pi Network team is prioritizing:
- Decentralized applications (dApps)
- Digital identity systems
- Cross-border payment solutions
This shift aims to create sustainable growth rather than speculative hype.
Tokenomics and Market Challenges
With 93 billion PI tokens set to unlock, the market faces potential selling pressure. Comparisons to Solana highlight how large token supplies can limit price surges. Analysts suggest that meaningful price movement may take time.
Can Pi Network Convert Users into Active Participants?
The project boasts 30 million registered users, but converting them into active ecosystem contributors is critical. Founders stress infrastructure development over chasing short-term gains.
FAQs About Pi Network’s Mainnet Launch
Q: Why did Pi Network launch below $3?
A: The founders prioritized utility over price, focusing on long-term adoption.
Q: What are the key use cases for PI tokens?
A: Decentralized apps, digital identity, and cross-border payments are primary focuses.
Q: Will the token supply affect PI’s price?
A: Yes, the planned unlock of 93 billion tokens may create selling pressure.
Q: How does Pi Network compare to Solana?
A: Both have large user bases, but Pi’s tokenomics differ, emphasizing gradual growth.
