Predicting a specific financial figure for Pi Network reaching $10 on price charts is a guessing game. While some optimistic projections exist, there's no reliable way to accurately predict it.
The Pi Network, a cryptocurrency that operates on a modified version of the Stellar Consensus Protocol, launched its mainnet on February 20, 2025. However, since then, the price of Pi Network has seen a significant drop, with the current value hovering around $0.41, down from its peak of $2.80.
Despite the large user base of over 65 million people, the Pi Network community is seen as a potential liability due to the constant sell pressure. This sell pressure, coupled with bearish market sentiment, has kept the price of Pi Network pinned down. In fact, the sell pressure became evident when $2.8 million worth of Pi Network coins were shifted to exchanges in July 2025.
Critics argue that Pi Network lacks genuine transparency, with the core team holding tight control over the network's nodes. This has raised concerns about the project's long-term scalability and real-world utility, making investors cautious.
Moreover, the Pi Network faces stiff competition from other cryptocurrencies and DeFi platforms. Rivals with greater utility and faster development attract investor interest, threatening Pi Network’s ability to maintain relevance without major breakthroughs.
Reaching a price of $10 for Pi Network would require a significant increase in market demand, flawless execution, and a lot of luck. Hitting this price would imply an enormous market cap growth, challenging given competition from established coins.
In addition, the Pi Network is still in the early stages of listing, and questions about its real-world utility and long-term scalability persist. Regulators like the SEC might view Pi Network as an unregistered security, potentially triggering a legal nightmare.
However, renewed interest and trading volume spikes suggest potential for modest gains. Analysts imply that a $1 price target might be achievable in a favourable market, but $10 remains highly unlikely without significant technological, adoption, and market changes.
In conclusion, current market analysis and forecasts do not support Pi Network reaching $10 soon. Overcoming sell pressure, improving network utility, scaling effectively, and addressing market skepticism are prerequisites for any substantial price increase beyond the current sub-$1 levels. The Pi Network needs to prove it's more than just a popular app and become a truly useful ecosystem for people to use, not just sell.
It's important to note that users of Pi Network are not mining in the traditional sense, but rather building trust networks to verify transactions. This unique approach sets Pi Network apart from other cryptocurrencies, but it remains to be seen whether this will be enough to propel the network to new heights.
- The Pi Network is seen as a potential liability due to the constant sell pressure, which, combined with bearish market sentiment, has kept its price pinned down, despite a large user base of over 65 million people.
- Critics argue that Pi Network lacks genuine transparency, with the core team holding tight control over the network's nodes, raising concerns about the project's long-term scalability and real-world utility, making investors cautious.
- Pi Network faces stiff competition from other cryptocurrencies and DeFi platforms, with rivals having greater utility and faster development attracting investor interest, threatening Pi Network’s ability to maintain relevance without major breakthroughs.
- Reaching a price of $10 for Pi Network would require a significant increase in market demand, flawless execution, and a lot of luck, implying an enormous market cap growth, challenging given competition from established coins.