Pi Network Crashes 32%, But Is Mass Adoption Still Coming?

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.

Pi Coin Price Nosedives: What’s Going On?

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 .

Flashback: Mainnet Launch Sparked Massive Hype

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.

• February 26: PI hit an all-time high of $2.99
  
• February 27–April 4: The price collapsed by 81.92%
  

Currently, PI trades at $0.7433 , down 73.9% from its peak.

Development Never Stopped: 100+ Dapps and $100M Fund

Despite the sell-off, the Pi ecosystem is booming :

• 100+ decentralized apps (Dapps) :
  
• 25 on Mainnet
  
• 50 on Testnet
  
• 25 in Brainstorm phase

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 ven t ure fund focused on Dapps with real-world utility—a bold step toward mass adoption.

70 Million Users and a Regulatory Advantage

The Pi Network community is one of the largest in crypto , with:

• Over 70 million users globally
  
• 20 million+ KYC-verified members
  

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.

• Also Read :
• Pi Network Faces Biggest Token Unlock of Next 30 Days: Is a Drop to $0.65 Coming?
• ,

Will Pi Become the Most Used Cryptocurrency?

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:

• A massive global user base
  
• A rapidly growing Dapp ecosystem
  
• Strategic funding for adoption
  
• Regulatory readiness via KYC compliance

Final Thoughts

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 .

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