Pi Network (PI) Price Prediction: Can Pi Sustain Growth Amid Challenges?

Particularly with the launch of its Open Mainnet on February 20, 2025, Pi Network has lately hit important milestones that herald a fresh age of decentralization.

In the dynamic realm of cryptocurrency, Pi Network has been steadily making headlines, particularly with the launch of its Open Mainnet on February 20. This marks a crucial milestone in the platform’s journey, setting the stage for a new era of decentralization and heightened user engagement.

Following the activation of its mainnet, Pi Network has taken a significant stride forward in its evolution. This transition, which began in November 2024, heralds a future where the network’s structure is no longer controlled by a small group of developers. Instead, it will be governed by the broader community of Pi users through a decentralized autonomous organization (DAO). This shift is designed to distribute power more evenly and provide users with a greater voice in shaping the platform’s destiny.

A closely related development is the integration of Pi Coin with Telegram’s wallet function. This move, announced by Telegram founder Pavel Durov, signifies a natural progression for the messaging app, which has been introducing blockchain and cryptocurrency features throughout the year. With this integration, Telegram users can now hold, buy, and manage Pi Coins directly within the familiar Telegram app.

However, despite these advancements, Pi Coin’s value has been subject to volatility in recent times. After reaching a peak of $1.09, the token’s price has experienced a decline and is currently floating around the $0.85 mark. This downward trend can be attributed to market forces and the recent KYC cleanup initiated by Pi Network. The platform has been diligently verifying user accounts and removing any that fail to meet the KYC standards. This process has resulted in the deletion of unvalidated accounts and their corresponding tokens, which in turn has had an impact on the token’s price.

These developments highlight the dynamic landscape of Pi Network as it navigates the evolving cryptocurrency environment.

Here's a summary of the recent developments of Pi Network and how they are impacting the cryptocurrency landscape:

* February 20, 2025, saw a crucial milestone reached with the launch of Open Mainnet by Pi Network, shifting the focus to decentralized infrastructure. This move, which began in November 2024, will transfer control of the network from a small group of developers to a DAO (decentralized autonomous organization) managed by the broader community of Pi users, distributing power more evenly and providing users with a greater voice.

* In another development, Pi Coin has been integrated into Telegram’s wallet, adding to the messaging app’s growing blockchain and cryptocurrency capabilities, a move that began with the introduction of a crypto payment function in November 2024. This integration, announced by Telegram founder Pavel Durov, allows users to hold, buy, and manage Pi Coins within the messaging app. Though features like sending and receiving within Telegram are still to come, the messaging app now has the ability for users to engage with the token.

* This integration also brought about lively discussions within the Pi community, highlighting the increasing attention on Pi Network and its token, Pi Coin.

* However, despite these positive developments, Pi Coin’s price has been facing downward pressure. After reaching a peak of $1.09, the token’s price has experienced a decline and is currently floating around the $0.8437 mark. This downward trend can be attributed to market forces and the recent KYC cleanup initiated by Pi Network.

* The platform has been diligently verifying user accounts and removing any that fail to meet the KYC standards. This process has resulted in the deletion of unvalidated accounts and their corresponding tokens, which in turn has had an impact on the token’s price.

* These changes are part of the platform’s continuous development, presenting ongoing challenges in navigating the crypto environment.

Pi Network’s Open Mainnet launch on February 20 marks a significant milestone as the shift to the Open Mainnet enhances decentralization and increases the capacity of the platform’s infrastructure. This action is meant to provide users with greater independence and safety within the network.

Concurrently, Pi Coin’s inclusion in Telegram’s wallet has boosted user engagement. Following the introduction of a crypto payment function in November 2024, this integration, announced by Telegram founder Pavel Durov, seems like a natural next step. With this integration, Telegram users can now hold, buy, and manage Pi Coins within the messaging app.

However, despite these advancements, Mena’s analysis highlights the challenges faced by Pi Coin in recent times. After reaching a peak of $1.09, the token’s price has experienced a decline and is currently floating around the $0.8437 mark. This downward trend can be attributed to market forces and the recent KYC cleanup started by Pi Network.

The platform has been diligently verifying user members and removing any that fail to meet the KYC standards. In the process, unvalidated accounts and their related tokens have been deleted, which in turn has had an