Why is Pi Coin Price Crashing Despite Broader Crypto Rally
The post Why is Pi Coin Price Crashing Despite Broader Crypto Rally appeared on BitcoinEthereumNews.com.
Pi Coin struggles near $0.26 despite broader crypto market rally Slow mainnet rollout and low on-chain activity weigh on price Token unlocks increase supply, adding downward pressure on Pi Coin Pi Coin keeps drifting near $0.26 even as global crypto capitalization climbs past $4.28 trillion and heavyweights Bitcoin ($124,387) and Ethereum ($4,715) lead the charge. Pi Coin seems stuck in a slump, struggling to rise above $0.30 and currently hovering around $0.26. This is a dramatic drop from its all-time high of $2.98 in February 2025, representing a decline of over 91%. The Broader Context: Pi vs. the Market While most top altcoins are rallying, Pi’s dull performance comes even after Pi founder Dr. Chengdiao Fan’s recent talk at TOKEN2049. She stressed advancing real blockchain utility, meaningful product innovation, aligning AI with human well-being through decentralized infrastructure, and building a path toward true mass adoption. Despite these long-term goals, the market hasn’t responded as quickly as investors hoped. Related: CZ Shocked After Token2049 Attendee Reports Attack in Singapore Why Pi Coin Price Remains Low Unlike meme coins such as Dogecoin or SHIB, which thrive on hype, Pi is built for mass adoption and long-term utility. Its $3 spike was largely hype-driven, but the lack of infrastructure prevented sustained growth. Several structural factors explain Pi’s slump: Slow mainnet rollout: Transition from testnet to mainnet has been gradual, frustrating users and draining early enthusiasm. Minimal ecosystem activity: Few developer-built dApps and limited on-chain transactions mean low real demand. Selling pressure from token unlocks: Millions of users migrating to mainnet increase circulating supply, putting downward pressure on price. A Turning Point Is Coming Pi’s dormant phase may soon end. The mainnet protocol upgrade to version 23 is expected within the next two months, bringing catalysts: Pi DEX Launch & AMM Integration: Real on-chain…
Filed under: News - @ October 7, 2025 1:28 pm