Could Pi Coin Soar to $500 After the Mainnet Launch?

Last Updated on February 21, 2025 by SPN Editor

On February 20, 2025, Pi Network’s highly anticipated Mainnet launch marked a groundbreaking moment for the cryptocurrency ecosystem. In less than an hour of going live, Pi Coin surged more than 35%, reflecting the immense excitement and growing market interest surrounding the project.

The launch of Pi Network’s mainnet has ignited a wave of speculation and excitement among its community. Despite initial high expectations for Pi Coin’s value—ranging from $100 to $500—many predictions have fallen short. However, the coin’s value, while lower than anticipated, still represents a significant achievement for holders. Those who accumulated coins during the network’s test phase can now exchange them for real value.

One user on X shared their unwavering commitment, stating, “I will not sell my $PI coins, which I have worked for 6 years, for a ridiculous price like $2 dollars. $XRP is over $2.5 with a 60B supply. These prices are ridiculous with a 100M supply. I will not sell without 1 $PI = $50.”

Another user highlighted Pi Network’s groundbreaking achievements, noting that after launching its open mainnet, Pi’s market cap nearly entered the top 10 and is expected to break into the top 3 soon. They believe that once Pi staking begins, the price will soar.

Future Price of Pi Coin

Predicting the future price of Pi Coin involves a lot of speculation, but here are some insights based on current trends and expert opinions: In the short term (2025), with the recent mainnet launch and exchange listings, Pi Coin could see a significant price surge, potentially reaching around $50 by the end of 2025. In the medium term (2026-2028), as Pi Coin gains more utility and integrates with other blockchain networks, its price could climb to $100 by 2026, and by 2028, with widespread adoption and institutional interest, Pi Coin could potentially hit $300. In the long term (2030 and beyond), if Pi Network achieves its vision of becoming a mainstream cryptocurrency, Pi Coin could reach $500 or more by 2030.

What sets Pi Network apart?

Pi Network, known for its “tap-to-earn” blockchain model, has spent over six years in development and operated on a closed mainnet since 2021. With the launch of its open mainnet, Pi’s vibrant community—referred to as “Pioneers”—can finally trade their Pi Coins. Developers on the platform are now able to showcase over 100 decentralized applications (dApps) across various sectors, including decentralized finance (DeFi) and gaming.

Unlike traditional proof-of-work cryptocurrencies, Pi Network utilizes a mobile-based mining model, fostering widespread adoption. Millions of users have engaged with the network even before its official public launch. Pi Network’s user base has grown significantly, boasting over 3.8 million followers on X, surpassing major blockchain networks such as Ethereum Foundation and Solana. At its peak, Pi had more than 50 million registered users.

Mainnet Launch and Exchange Listings

As the Mainnet went live, the token’s listing was immediately supported by multiple centralized exchanges (CEXs), including OKX, HTX, Bybit, MEXC, Gate.io, BitMart, and Bitget. However, Binance, the world’s largest crypto exchange, took a unique approach by conducting a poll to determine whether to list Pi Coin. The poll is set to close on February 27, 2025, but the outcome is expected to align with the current positive sentiment. Other major exchanges like Coinbase, Kraken, and Upbit have yet to announce their decision regarding Pi Coin’s listing.

Pi Coin Price Action and Market Volatility

Shortly after its listing, Pi Coin experienced significant price volatility. According to CoinGecko data, Pi Coin surged 36.8% within the first hour, peaking at $1.97. However, its price quickly retraced, falling to $1.80 on OKX and $1.78 on Bitget. This marked a sharp decline from the previously speculated IOU prices of $61 to $70 circulating just a day before the mainnet launch.

The fluctuations didn’t end there. After its initial listing, Pi briefly spiked to $3.40 on Bitget before retracing again. On Bybit, Pi Coin’s price even dipped below the $1 mark shortly after trading began. Despite these sharp corrections, the token has maintained strong buying pressure, and some speculate further upward movement as more listings and potential hype-driven interest build.

Pi’s extensive community base, coupled with new investors eager to capitalize on the buzz surrounding the mainnet launch, could drive increased buying activity. Market speculation about potential listings on major exchanges like Binance, Coinbase, and Kraken is expected to sustain the momentum, contributing to further price volatility.

The Risk of Sell-offs and Future Price Stability

Pi Coin’s price action may face challenges as early miners, who have accumulated Pi Coins over the years, may begin to sell off their holdings, potentially leading to a price pullback. Historically, newly listed tokens often experience sharp sell-offs following their debut on exchanges before stabilizing. The hype around Pi Coin’s listings may also subside as major exchanges make their final decisions in the coming weeks.

For Pi Network, this launch signifies more than just a price rally. It represents a crucial step towards achieving its goal of becoming an accessible, utility-driven cryptocurrency with a global user base. Whether the coin’s price will stabilize or continue to experience volatility depends on the network’s ability to maintain its momentum and sustain interest from both early adopters and new users.

Connecting Pi Securely with External Systems

Pioneers can now connect their Pi for use with external systems and networks. Verified third-party services, including CEX platforms and onramps that have passed KYB verification, have integrated with Pi Network. These services enable Pioneers to connect with the wider crypto ecosystem and fiat world. It’s important to avoid using unverified third-party services to prevent scams or fraud.

Business Compliance Requirements

To maintain a secure and compliant ecosystem, participation in Mainnet blockchain activities requires KYC (Know Your Customer) verification for Pioneers and KYB (Know Your Business) verification for businesses. This requirement applies to companies seeking access to the Pi Mainnet, Mainnet Nodes, or other related services. Only KYB-verified businesses can create individual non-custodial Mainnet Pi Wallets for transactions within the Pi ecosystem, reducing the risk of unauthorized activities and fostering trust among Pioneers.

Businesses seeking to integrate with Pi and complete KYB can apply through the provided application process. By implementing these standards, Pi Network enhances ecosystem security, legitimacy, and longevity. Visit the KYB verified businesses list to see all verified businesses. Be cautious about transacting Pi with any business not listed on that page to avoid potential scams.