$PI token from Pi Network is a hot topic of discussion. This article explores its functionality, achievements, and the factors that could impact its value.
Why Did Pi Network Become Popular
Pi Network quickly amassed over 60 million users worldwide. Its popularity stems from a referral system and low entry barriers. Users are attracted by the possibility of mining coins without needing significant blockchain knowledge, just by using the app.
The Open Network Launch: What Changed?
On February 20th, 2025, Pi Network reached a major milestone with the launch of the Open Network. Users who completed KYC could transfer their coins to the main blockchain. This opened up real trading possibilities, and several exchanges began listing $PI.
What Could Drive $PI to Reach $10?
For $PI to reach $10, several things need to happen: increased demand, listings on major exchanges, ecosystem development, and supply regulation. Partnerships with marketplaces and major exchanges like Binance or Coinbase have a significant impact. Proper regulation of token supply is also crucial to avoid devaluation.
Whether $PI can reach $10 remains an open question. Serious steps are needed in ecosystem development, major exchange acceptance, and sustaining demand to achieve this goal.
