The post Pi Network Crashes 32%, But Is Mass Adoption Still Coming? appeared first on Coinpedia Fintech News
Despite a 32.8% crash in two weeks, Pi Network’s long-term vision remains strong. Here’s why top analysts still believe in PI’s future.
Over the past 14 days, Pi Network (PI) has seen a significant price drop of 32.8%. In just the last 24 hours, it slipped another 5.3%, signaling continued bearish momentum.
Yet, top crypto analyst Kim H Wong isn’t alarmed. He believes the project is still in its early development phase, and investors should focus on the ecosystem, not the price.
On the day of its mainnet launch, PI skyrocketed by 770.20%.
Within just six days, the token recorded a jaw-dropping 2,713.40% surge — a clear sign of strong market excitement.
However, this rally was short-lived.
Currently, PI trades at $0.7433, down 73.9% from its peak.
Despite the sell-off, the Pi ecosystem is booming:
The ongoing Pi Hackathon is helping developers build real-world use cases, with rewards and visibility for innovative apps.
To boost adoption, Pi Network has launched a $100 million venture fund focused on Dapps with real-world utility—a bold step toward mass adoption.
The Pi Network community is one of the largest in crypto, with:
This not only strengthens its regulatory position, but also signals trust and potential for scalability.
The network still offers free mining, keeping it attractive for new users entering the crypto space.
.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}
.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}
.entry ul.article-inside-link li:last-child {
display: none;
}
With a current market cap of $5.38 billion and a 24-hour trading volume of $137.7 million, PI stands as the 25th largest crypto.
Kim H Wong believes Pi Network has the potential to become the most used and traded cryptocurrency, thanks to:
Yes, PI’s price is down—but its adoption curve is climbing.If the network continues to evolve with meaningful Dapps and strong community support, a price rebound may just be a matter of time.
.article_register_shortcode {
padding: 18px 24px;
border-radius: 8px;
display: flex;
align-items: center;
margin: 6px 0 22px;
border: 1px solid #0052CC4D;
background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%);
}
.article_register_shortcode .media-body h5 {
color: #000000;
font-weight: 600;
font-size: 20px;
line-height: 22px;
text-align:left;
}
.article_register_shortcode .media-body h5 span {
color: #0052CC;
}
.article_register_shortcode .media-body p {
font-weight: 400;
font-size: 14px;
line-height: 22px;
color: #171717B2;
margin-top: 4px;
text-align:left;
}
.article_register_shortcode .media-body{
padding-right: 14px;
}
.article_register_shortcode .media-button a {
float: right;
}
.article_register_shortcode .primary-button img{
vertical-align: middle;
width: 20px;
margin: 0;
display: inline-block;
}
@media (min-width: 581px) and (max-width: 991px) {
.article_register_shortcode .media-body p {
margin-bottom: 0;
}
}
@media (max-width: 580px) {
.article_register_shortcode {
display: block;
padding: 20px;
}
.article_register_shortcode img {
max-width: 50px;
}
.article_register_shortcode .media-body h5 {
font-size: 16px;
}
.article_register_shortcode .media-body {
margin-left: 0px;
}
.article_register_shortcode .media-body p {
font-size: 13px;
line-height: 20px;
margin-top: 6px;
margin-bottom: 14px;
}
.article_register_shortcode .media-button a {
float: unset;
}
.article_register_shortcode .secondary-button {
margin-bottom: 0;
}
}
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.