Pi Network holds its annual gathering, drawing attention to Pi Coin and raising questions about its future.
What is Pi Network and Pi Coin?
Pi Network is a crypto project aimed at making digital currency accessible to everyone. Users can 'mine' coins directly from their smartphones with minimal energy expenditure. The project was launched in March 2019 by a group of Stanford graduates led by Dr. Nicolas Kokkalis. Pi Coin is the internal currency of the network and has not followed the traditional path of other cryptocurrencies; it was earned by daily logins, identity verification, and inviting other members. By 2025, Pi entered its 'Open Mainnet' phase, which implies real-world applications such as decentralized apps and smart contracts.
Latest Developments: Pi2Day Overview and AI Integration
On June 28, 2025, Pi Network held its annual Pi2Day, which was a significant event for the community. In the lead-up to the event, the price of Pi Coin surged over 30% due to rumors of potential AI integration and partnerships with Google. Founder Dr. Nicolas Kokkalis spoke at the Generative AI panel during the Consensus 2025 conference. Several new features were introduced during Pi2Day, including KYC syncing, the debut of .pi domains, and the launch of Pi App Studio. However, shortly after the event, the price retraced, indicating the need for more concrete results.
What is Happening with Pi Coin’s Price Today?
As of mid-2025, Pi Coin is still not listed on major exchanges such as Binance and Coinbase. Before Pi2Day, the price was trading between $0.55 and $0.65, but it corrected to around $0.49 by July 2, 2025. Over the past week, it has dropped by 21.3%, though there is a slight uptick in the last 24 hours. The key issues remain the lack of liquidity and real utility, as most Pi Coins are still locked and not all users have completed full KYC verification.
The future of Pi Coin largely depends on its ability to establish real utility and secure listings on major exchanges. Price predictions for Pi Coin by 2030 vary, but reaching $1,000 appears unlikely.
