Today in Pi news, we have the recap of 2025’s PiFest

This was the first-ever Open Network PiFest. This event was started on March 14, or Pi day, and continued till March 21, 2025.

Pi Network is heating up as we get new price predictions and an analysis of the first-ever Open Network PiFest. According to the official blog by the Pi network, this event was started on March 14, or Pi day, and continued till March 21, 2025. It was also mentioned that this PiFest was "the first global commerce event fully supported by Open Network external connectivity". This event also presented some positive statistics about the Pi token's adoption and growth. According to the blog post, this event hosted more than 125,000 registered sellers, with 58,000 sellers actively participating. The report continued by stating that this is an increase from the previous years, showing a growth in Pi token adoption. According to the provided data, more than 1.8 million Pioneers used the Map of Pi. Moreover, this event has enabled Pioneers to use Pi for everyday transactions and professional services. Some examples of participating businesses were also included: "cozy cafe, a fashion boutique, an auto shop, a freelance designer". This highlighted Pi's potential for exponential growth and adoption based on its real-world utility.

This event also presented some positive statistics about the Pi token's adoption and growth. According to the blog post, this event hosted more than 125,000 registered sellers, with 58,000 sellers actively participating. The report continued by stating that this is an increase from the previous years, showing a growth in Pi token adoption. According to the provided data, more than 1.8 million Pioneers used the Map of Pi. Moreover, this event has enabled Pioneers to use Pi for everyday transactions and professional services. Some examples of participating businesses were also included: "cozy cafe, a fashion boutique, an auto shop, a freelance designer". This highlighted Pi's potential for exponential growth and adoption based on its real-world utility.

According to the X social media account of Pi network, this event was a complete circle of utility, which began and ended with the map of Pi. The post added that local businesses in the U.S., Canada, and Australia accepted Pi at their storefronts. The report continued by noting that the transactions were completed using the Pi wallet and network, which enabled merchants and buyers to engage in transactions like any other service. Finally, the report pointed out that the transactions were powered by the contributions of community members, which were fueled by the Pi Fireside Forum.

The Pi X account stated "Pioneers and merchants engaged in a wide range of transactions, from everyday essentials like groceries and clothing to professional services like design and automotive repairs, all powered by Pi in local commerce. Read the PiFest recap blog to learn more, and continue engaging with and advancing Pi's utility!"

This event was also the main topic of conversation among community members on Telegram. According to the discussion, the utility and adoption of Pi is growing, but the community is still worried about the rapid drop in value. However, we now have multiple variables that suggest the Pi coin price trajectory will become bullish in April.

One of the most important variables for a bullish Pi coin price prediction is the reduced number of unlocked tokens. According to the rumors circulating among members of the community, a possible token burning might be on the way. As such, the rate of increase in the number of coins slows down, which also lowers the selling pressure. This fundamental development is also supported by bullish technical signals.

Chart 1 – Provided by Kevinraj1120, published on TradingView, April 2, 2025

As shown in Chart 1, the support zone, which covers from $0.64 to $0.71, can push Pi towards $1. According to the last technical analysis, which was provided by an independent analyst on YouTube, some Analysts have given bolder price projections for this coin, highlighting $2.73 as the April's ending price. Moreover, according to Coincodex, the price prediction models generated by AI and machine learning have generated mixed price multiplier outlooks for the next 90 days. The price prediction models are showing varied outlooks, with some indicating a potential increase and others suggesting a decrease in price over the 90-day period.

According to the last price predictions, which were generated on April 5, 2025, at 12:43, the best-case scenario predicts that the price of Pi could reach $2.88 by June 05, 2025. In the worst-case scenario, the price could drop to $0.38 by May 05, 2025.

The table below shows the price prediction data for Pi over the next 90 days, as well as some more long-term price predictions.

| Price prediction date | Average price (optimistic scenario) |

|---|---|

| June