Pi Network Community Pushes for Buybacks and Burns to Drive Value Growth

Pi Network appears to be at a critical juncture as its price trajectory comes under increasing scrutiny amid strategic moves aimed at stabilizing and boosting its value. Leading community voice Mr. Spock has called on the Pi Core Team to implement aggressive buyback and burn programs to reduce the circulating supply and signal long-term confidence in the network’s value. He has also suggested burning all transaction fees, locking unused tokens, and rewarding contributors to boost utility and scarcity [1].

These proposals have gained traction within the Pi Network community, where discussions have intensified following recent market activity. Analysts have observed significant token movements, including the transfer of 46 million Pi coins from OKX to a wallet labeled “Pi Foundation 2,” which is believed to be controlled by the Core Team [1]. Such activity has fueled speculation about strategic interventions to stabilize the Pi Network price, especially during a period of market volatility.

In parallel, the Pi Core Team has prioritized real-world utility expansion over large-scale token distribution. This includes allocating tokens to verified business partners through KYB-approved channels to foster tangible use cases [1]. These efforts are intended to strengthen the Pi Network’s fundamentals and indirectly influence its price over the long term.

Despite the absence of an official burn program, the idea remains a central topic among community members. Regular token burns are seen as a potential mechanism to counteract oversupply and make Pi more resilient to downward price pressure. While no concrete implementation has been announced, the momentum behind these deflationary strategies continues to build.

The broader market is also paying attention. The Pi Network’s market cap has reached $3.4 billion, according to TradingView [2], a development that has brought both optimism and increased scrutiny. Unlike traditional cryptocurrencies, Pi’s mobile-first, user-driven mining model has allowed it to amass a large and engaged user base, distinguishing it from its peers.

Community forecasts suggest that if early adopters continue to hold rather than sell, the Pi Network could surpass key resistance levels this summer. Some estimates predict a price of $10 as early as August, with further upside potential depending on market sentiment and strategic execution [4]. However, these projections remain speculative and should be treated as such, as no official price targets have been set by the Pi Core Team.

As the Pi Network continues its journey toward greater adoption and utility, the debate over buybacks, burns, and supply control remains central to its price trajectory. Whether these strategies will lead to a sustained upward movement in Pi’s value remains to be seen, but the growing consensus suggests that the network is at a pivotal turning point.

Sources:

[1] Pi Network Price Faces Turning Point as Bold Strategy Gains Momentum. (2025). https://blockonomi.com/pi-network-price-faces-turning-point-as-bold-strategy-gains-momentum/

[2] ETHUSD Futures Contract Trade Ideas. (2025, July 21). https://www.tradingview.com/symbols/OKX-ETHUSD1%21/ideas/?contract=ETHUSD15Q2025&sort=recent

[4] Why's the Pi Core Team seems. (n.d.). https://www.facebook.com/groups/336327708783558/posts/794910342925290/