For millions of PI network users on February 20, 2025 was supposed to be the start of something big. After years pressing a button on their phones, the Mainnet Open finally arrived, and with it, an obsession powered by the community with a price of $ 10.
However, take off media threshing and you will find a difficult reality control in difficult numbers and serious questions about the design of the project.
In its heart, PI works on a version of the stellar consensus protocol, which abandons the massive energy drain of Bitcoin. Your phone is not “to extract” in the traditional sense; You just build small confidence “safety circles” to help check the transactions.
This low effort approach is the way in which PI has managed to create a maximum offer of 100 billion parts – an astounding figure. The plan devotes a huge 80% piece to the community, by rewarding people for daily recordings and the growth of their networks.
The biggest obstacle to $ 10 PI is not sophisticated technology – it is the basic arithmetic. With 7.4 billion parts of parts already circulating at the beginning of 2025, reaching this price would require a market capitalization of $ 74 billion. This would instantly catapulate a project, fresh out of its closed system, in the same league as Crypto Titans, a feat that few have ever achieved. The pressure is only worse because billions more in rewards are unlocked, threatening to flood the market and dilute the value.
Lancet Mainnet, controversies and more …
However, the launch of the Open Mainnet did not bring the expected windfall. After a brief points, the cratered price. In fact, some reports claimed an accident of 84%, because those who rushed rushed for outings. In the summer of 2025, the medal had trouble staying above fifty hundred on the few platforms that list it or its IE.
This was also the case at the time of writing the editorial staff, the Altcoin worth $ 0.41 after falling from $ 2.80.
Source: tradingView
Pi Network has always worked under a cloud of controversy. Critics highlight an authentic lack of transparency, the basic team with close control over the network’s nodes and delaying features such as intelligent contracts for years. The reference system, which has greatly rewarded the award of new people, has made constant comparisons with several level marketing.
Then, there is massive data collection – millions of people transmitted to government identifiers and analyzes in compulsory KYC process, raising serious confidentiality alarms. The threat of regulators like the dry, which could see PI, not as a public service, is the threat of regulators like the dry, which could see a PI.
The largest PI weapon is its colossal community, which has more than 65 million people. It is an integrated user base, most cryptographic projects can only dream of, and initiatives like “Pifest” are trying to arouse real use. However, this same crowd is also his biggest responsibility.
For each believer who takes care of expensive life, there is another first user sitting on a stack of free rooms, attempted to withdraw. This creates constant and overwhelming sales pressure that could maintain the price pinned for a long time.
So, can Pi reach $ 10? This would require a miracle of market demand, impeccable execution and a lot of luck. The project must prove that it is more than just popular app. He must become a really useful ecosystem that makes people want to use Pi, not just selling it.
Until it happens, the $ 10 target is less like a target and more of a prayer in the wild world of the crypto.
