Pi Network in 2025: Mainnet’s Rollercoaster 🎱 & Why It Crashed đŸ˜±

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It was February 19, 2025, when Pi Network, after countless delays and the eternal torment of its KYC failures, finally launched its mainnet. The Pioneers-those patient souls who had mined tokens on their phones for years-rejoiced. The PI token emerged, blinked in the sunlight, and promptly soared to a dazzling $2.99 before collapsing like a soufflĂ© in a fit of cosmic irony. Here’s a recounting of this year-long comedy of errors.

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The Year in Pi Developments

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February brought the Open Network and the PI token’s debut on exchanges like Bitget, OKX, and MEXC. March, ever the optimist, introduced PiFest, extended KYC grace periods, and celebrated Pi Day with the enthusiasm of a child blowing out candles on a cake. The .pi domain reservation initiative was hailed as revolutionary, though its revolutionary impact remains to be seen.

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By May, the Pi Ad Network Expansion was in full swing, and wallet activation opportunities were introduced. Rumors of a Binance listing swirled like whispers in a crowded bazaar, only to be dashed by the announcement of Pi Network Ventures-a $100 million fund aimed at investing in startups. Because what the world truly needs is another venture fund backed by a cryptocurrency that lost 95% of its value.

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June saw Pi2Day, a festive occasion marked by ecosystem challenges and the introduction of Pi App Studio, which apparently aspired to conquer the AI world. Summer rolled in with the Hackathon, a two-month marathon that culminated in October, though the winners weren’t announced until December. Meanwhile, Pi Network’s co-founders graced stages at conferences like TOKEN2049 in Singapore, where Dr. Fan unveiled Pi DEX and AMM liquidity pools, much to the crowd’s polite applause.

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October brought simplified KYC procedures and updates to Pi App Studio. Pi Network Ventures made its first investment in OpenMind, a name so abstract it could mean almost anything. November followed with network updates, more Pi App Studio upgrades, and a partnership with CiDi Games to accelerate Web3 gaming engagement-because nothing screams “the future” like a partnership with a gaming company.

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December closed the year with a Holiday initiative and updates to the Pi DEX and AMM, because even blockchain developers deserve a festive touch.

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The PI Price Saga

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The PI token’s journey was nothing if not dramatic. It surged to $2.99 in late February, only to plummet to an all-time low of $0.172 by October-a staggering 95% loss. Brief spikes occurred throughout the year, notably during the Binance listing rumors in May, when it briefly flirted with $1.70 before crashing harder than a toddler learning to ride a bike.

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As of now, PI has clawed its way back to just over $0.20, though it remains down by 92-93% from its February peak. Some AI platforms suggest brighter days in 2026, but optimism in the Pi community is as scarce as a functional blockchain project.

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Thus ends the tale of Pi Network in 2025-a year of launches, crashes, and endless promises. Like a Russian novel, it was long, tragic, and occasionally absurd. And like all good stories, it leaves us wondering: what comes next? Perhaps 2026 will bring redemption-or perhaps it will be another year of plunges and PiFest celebrations. Only time will tell.

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Pi Network in 2025: Mainnet’s Rollercoaster 🎱 & Why It Crashed đŸ˜±Pi Network in 2025: Mainnet’s Rollercoaster 🎱 & Why It Crashed đŸ˜±

It was February 19, 2025, when Pi Network, after countless delays and the eternal torment of its KYC failures, finally launched its mainnet. The Pioneers-those patient souls who had mined tokens on their phones for years-rejoiced. The PI token emerged, blinked in the sunlight, and promptly soared to a dazzling $2.99 before collapsing like a soufflĂ© in a fit of cosmic irony. Here’s a recounting of this year-long comedy of errors.

The Year in Pi Developments

February brought the Open Network and the PI token’s debut on exchanges like Bitget, OKX, and MEXC. March, ever the optimist, introduced PiFest, extended KYC grace periods, and celebrated Pi Day with the enthusiasm of a child blowing out candles on a cake. The .pi domain reservation initiative was hailed as revolutionary, though its revolutionary impact remains to be seen.

By May, the Pi Ad Network Expansion was in full swing, and wallet activation opportunities were introduced. Rumors of a Binance listing swirled like whispers in a crowded bazaar, only to be dashed by the announcement of Pi Network Ventures-a $100 million fund aimed at investing in startups. Because what the world truly needs is another venture fund backed by a cryptocurrency that lost 95% of its value.

June saw Pi2Day, a festive occasion marked by ecosystem challenges and the introduction of Pi App Studio, which apparently aspired to conquer the AI world. Summer rolled in with the Hackathon, a two-month marathon that culminated in October, though the winners weren’t announced until December. Meanwhile, Pi Network’s co-founders graced stages at conferences like TOKEN2049 in Singapore, where Dr. Fan unveiled Pi DEX and AMM liquidity pools, much to the crowd’s polite applause.

October brought simplified KYC procedures and updates to Pi App Studio. Pi Network Ventures made its first investment in OpenMind, a name so abstract it could mean almost anything. November followed with network updates, more Pi App Studio upgrades, and a partnership with CiDi Games to accelerate Web3 gaming engagement-because nothing screams “the future” like a partnership with a gaming company.

December closed the year with a Holiday initiative and updates to the Pi DEX and AMM, because even blockchain developers deserve a festive touch.

The PI Price Saga

The PI token’s journey was nothing if not dramatic. It surged to $2.99 in late February, only to plummet to an all-time low of $0.172 by October-a staggering 95% loss. Brief spikes occurred throughout the year, notably during the Binance listing rumors in May, when it briefly flirted with $1.70 before crashing harder than a toddler learning to ride a bike.

As of now, PI has clawed its way back to just over $0.20, though it remains down by 92-93% from its February peak. Some AI platforms suggest brighter days in 2026, but optimism in the Pi community is as scarce as a functional blockchain project.

Thus ends the tale of Pi Network in 2025-a year of launches, crashes, and endless promises. Like a Russian novel, it was long, tragic, and occasionally absurd. And like all good stories, it leaves us wondering: what comes next? Perhaps 2026 will bring redemption-or perhaps it will be another year of plunges and PiFest celebrations. Only time will tell.

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2025-12-27 17:26