Pi's Infrastructure Gamble: Can It Break the $0.40 Barrier and Rewrite Its Story?

The Pi Network community and investors are closely monitoring whether the coin is preparing for another cup-and-handle breakout. As of the latest data, Pi (PI) is trading at approximately $0.34 to $0.35, a price level that represents a modest recovery from a historic low of $0.32 but remains far below its peak value of $2.98 in early 2025. Despite this relatively stable price range, the network has continued to make progress on its technical infrastructure, which could provide a catalyst for future price appreciation.

A key development is the launch of Pi’s first Exchange-Traded Product (ETP) in Europe, introduced by Valour Inc. and listed on the Spotlight Stock Market in Sweden [7]. This ETP allows investors to gain exposure to Pi through traditional brokerage accounts, bypassing the need for wallet management. The ETP, denominated in Swedish kronor (SEK), carries an annual management fee of 1.9% and is considered a significant milestone in Pi’s push to integrate with traditional financial infrastructure. Analysts suggest this move could enhance institutional interest in the asset, particularly in a market where tokenized products are gaining traction.

Parallel to the ETP launch, Pi has also rolled out a Linux Node version, expanding its node support beyond Mac and Windows systems [7]. This update is vital for exchanges, validators, and service providers that depend on open-source environments, and it aligns with Pi’s broader plan to enhance its protocol to version 23. The new version is built on the Stellar protocol and introduces decentralized identity verification with integrated KYC compliance, positioning the network for broader adoption and regulatory alignment.

From a technical perspective, Pi’s price has been consolidating within a range of $0.32 to $0.38, with a recent 24-hour increase of approximately 3% [7]. The coin is currently testing a resistance level at $0.40, a threshold that has historically rejected price advances in April, June, and early August 2025. A successful breakout above $0.40 could see the price retest the $0.47 level, a target that would represent a 20% gain from its current price. On-chain indicators, such as the 20-day moving average and a neutral RSI reading of 51, suggest that the market is in a consolidation phase, but further upside potential remains if bullish momentum builds.

Despite these developments, Pi still faces challenges. The coin’s circulating supply of 7.5 billion tokens represents only 7% of its maximum supply of 100 billion, and the market cap stands at approximately $2.75 billion as of early September 2025 [3]. Analysts emphasize that for Pi to reach triple-digit prices, it must achieve a massive increase in demand and utility beyond its existing community of 65 million users [1]. While the project has made strides in compliance, blockchain development, and node infrastructure, the absence of open listing on major global exchanges and limited real-world adoption remain key hurdles.

The recent launch of the ETP and protocol upgrades suggest Pi is taking a long-term, infrastructure-first approach to its growth. If the price can break through the $0.40 resistance and hold above it, the market may begin to view Pi not just as a mobile-mining experiment but as a legitimate player in the broader crypto ecosystem. However, without significant increases in trading volume and external adoption, the likelihood of a rapid or dramatic price surge remains uncertain.

Source:

[1] Can Pi Network Price Hit $100? (https://coinpedia.org/news/can-pi-network-price-hit-100-2/)

[2] Pi Network Adopts Stellar 23 With Little Market Impact (https://www.cointribune.com/en/pi-network-adopts-stellar-23-with-little-market-impact/)

[3] Pi Coin Price Today (https://www.bitget.site/price/pi-network)

[4] Pi Network Price PI (https://delta.app/en/crypto/pi-network)

[5] PI Coin Price Today (https://coincodex.com/convert/pinetwork/usd/4/)

[6] Will PI Skyrocket in September? (https://99bitcoins.com/news/presales/will-pi-skyrocket-in-september-pi-coin-gains-8-on-first-european-etp-and-long-awaited-pi-crypto-news/)