Linux Node Launch and Protocol Upgrades Can't Stop Pi's Plunge to $0.34

Pi Network, a mobile-based cryptocurrency project that has drawn significant global attention since its inception, continues to face scrutiny as its native token struggles to maintain value. The coin, which once reached a peak of $2.90 per unit and briefly entered the top 11 cryptocurrencies by market capitalization, has seen a dramatic decline in recent months, with its price dipping to an all-time low of $0.33 on August 26, 2025. As of now, the token trades near $0.34, with trading volumes indicating reduced market interest.

Despite the price drop, Pi Network has not stood still. The project recently expanded its technical capabilities by releasing a Linux Node, allowing developers and open-source contributors to engage with the ecosystem more directly. This development is part of a broader protocol upgrade from version 19 to 23, inspired by Stellar and aimed at enhancing functionality and control layers. The Linux support is expected to foster greater decentralization and consistency in the network, offering a more flexible environment for developers and partners. The upgrade will be rolled out in stages, beginning with Testnet1 this week, followed by Testnet2 and the Mainnet in the coming weeks.

Some analysts remain cautiously optimistic about Pi Network’s long-term potential. Dr. Altcoin, a noted crypto analyst, highlights the project’s 65 million users across 200+ countries as a significant strength. Pi also has a functioning blockchain, a growing node network, and a focus on regulatory compliance, including KYC processes, which could position it well for future legitimacy. However, many of these benefits have yet to translate into robust price action. For Pi to reach $10, it would need to gain over 2,800 percent from its current level. Reaching $100 would require a 29,000 percent increase—considered highly unlikely by most forecasting models.

The Pi Core Team has also introduced plans for a major protocol update aimed at improving network functionality. This upgrade could pave the way for more decentralized features, including potential integration with decentralized identity systems. Additionally, Valour, a financial firm, is set to launch a Pi ETP (exchange-traded product), potentially allowing traditional investors to gain regulated exposure to the token via stock markets. This move could help Pi move beyond its “Pioneer” user base and into the broader investment sphere.

While these developments suggest a foundation for future growth, the current market reality remains challenging. Prediction platforms such as CoinCodex do not expect Pi to surpass $10 even by 2050. With nearly 8 billion tokens already in circulation, achieving significant price gains would require unprecedented demand. As such, the token’s success will likely depend on the project’s ability to build trust and utility beyond its existing community.

Source: [1] Can Pi Network Price Hit $100? (https://coinpedia.org/news/can-pi-network-price-hit-100-2/) [2] Pi Network's Latest Update Explained - And Why It's a Big Deal (https://cryptopotato.com/pi-networks-latest-update-explained-and-why-its-a-big-deal/)