Why Pi’s Price Stagnation Hints at a Bigger Battle for Adoption

Pi Network's recent listing through Onramp Money has generated significant attention within the cryptocurrency community, yet the anticipated price surge has not materialized. Despite the availability of Pi for direct purchase in over 60 countries via platforms such as Alipay, Maya, and GCash, the token continues to trade below $0.35. This has led to discussions among investors about the token’s potential to reach $1, a price point many community members view as a milestone for long-term value.

The integration with Onramp Money represents a significant step in Pi Network’s journey toward mainstream adoption. The project’s approach to token distribution is distinct from traditional models, as it prioritizes controlled rollouts through foundation wallets and regulated partners. These include entities like Banxa and TransFi, which collectively support more than 170 payment methods, ensuring broader access while maintaining regulatory compliance. Analysts such as Dr Altcoin suggest this strategy is designed to direct tokens toward real-world usage, including commerce and peer-to-peer transactions, rather than speculative trading [1].

The recent development is also drawing interest from traditional finance institutions. A Europe-based Pi-based exchange-traded product (ETP) recently launched, signaling that institutional investors may be beginning to take Pi more seriously. The ETP’s introduction highlights the growing perception of Pi as a project with a structured, compliance-focused approach, differentiating it from other projects that rely primarily on hype. This aligns with Pi Network's broader vision of building a sustainable ecosystem through gradual, real-world integration [1].

Despite the infrastructure and institutional support, the market remains skeptical. Over the past six months, Pi has lost more than 80% of its value, and in the last 24 hours, it fell 4.5% to $0.344. This weak performance has raised questions about the timeline for meaningful price appreciation. The token has failed to sustain above the $0.35 level, even in the wake of the Onramp Money listing, which many had hoped would catalyze a turnaround. Analysts attribute the lack of upward momentum to persistent selling pressure and insufficient buyer interest during recovery attempts [1].

The Pi Core Team remains optimistic, framing the current price stagnation as part of a long-term strategy. They argue that the focus on real-world adoption and controlled distribution will ultimately lead to stronger fundamentals and, eventually, price appreciation. However, the challenge lies in maintaining investor confidence during this extended phase. Whether the community will continue to support the project during this period remains uncertain. The debate surrounding Pi’s future potential, particularly the $1 price target, continues to be a central theme within the Pi Network community [1].

Source: [1] Major Pi Network Listing News: Could This Be the Start of a Massive Comeback (https://coindoo.com/major-pi-network-listing-news-could-this-be-the-start-of-a-massive-comeback/)