Pi Network Adds 3 Million Users, Faces Price Volatility

Pi Network has achieved a significant milestone with over 3 million new users joining its Open Network, accompanied by 400,000 active nodes contributing to its decentralized infrastructure. This growth is part of a broader trend that has seen the network expand to over 13 million users since the Open Network launch in February, with 3 million of these users migrating to the mainnet within the first 100 days. This surge in user activity positions Pi Network as a resilient and decentralized blockchain platform.

The network has also introduced several key ecosystem enhancements, including a revamped Ecosystem Interface that streamlines developer onboarding and improves user navigation. Additionally, the introduction of the Pi Ad Network offers developers new avenues for app promotion, fostering a vibrant app ecosystem. These upgrades align with Pi Network’s mission to empower both Pioneers and developers by facilitating access to innovative applications and utilities.

Pi Network’s strategic initiatives have further energized its community. The launch of PiFest 2025, a week-long event celebrating Pi Day, attracted over 125,000 registered sellers, showcasing Pi’s growing integration into commerce. Concurrently, the .pi Domain Auction generated substantial interest, with over 123,000 active bids from 57,000 unique bidders, totaling more than 3 million Pi. In May, the introduction of Pi Network Ventures, a $100 million fund dedicated to supporting startups and projects within the Pi ecosystem, marked a significant step toward fostering innovation and real-world adoption. The release of FruityPi, a fruit-matching game, exemplifies the network’s focus on gaming—a sector identified as a key vertical for investment due to its social and economic potential within the Pi ecosystem.

Despite these advancements, Pi Coin’s price recovery remains modest, with ongoing concerns about exchange listings and mainnet-ready applications voiced by the community. Following the announcement of these milestones, Pi Coin experienced a slight price rebound, trading at $0.53 with a 0.58% increase over 24 hours. However, this uptick contrasts with a 30.4% decline over the past month, indicating persistent volatility and challenges in sustaining momentum relative to broader crypto markets and other Layer 1 tokens. Retail interest, as measured by Google Trends, has also waned, with search volume for “Pi Network” dropping steadily to a low score of 8. This decline suggests diminishing public engagement, which could impact future adoption and network activity.

Despite the positive developments, the Pi Network community continues to voice concerns regarding the absence of listings on major cryptocurrency exchanges, unresolved KYC processes, and the limited availability of mainnet-ready decentralized applications. These issues highlight areas where further progress is necessary to enhance user confidence and network utility. Looking forward, the upcoming Pi2day event is anticipated to rekindle community enthusiasm and potentially catalyze renewed interest in Pi Coin. The event represents an opportunity for the Pi Core Team to address ongoing challenges and demonstrate tangible advancements in the network’s development roadmap.

In conclusion, Pi Network’s first 100 days post-Open Network launch reflect substantial growth and strategic ecosystem expansion, underscored by a robust user base and innovative initiatives like Pi Ventures and Pi Domains. However, the modest price rebound of Pi Coin and persistent community concerns emphasize the need for continued development, particularly in exchange listings and DApp readiness. As Pi Network prepares for Pi2day, the focus remains on translating these foundational achievements into sustained adoption and market confidence.