Launched in 2019 by Stanford professors, Pi Network offers users the ability to mine cryptocurrency via a mobile app. We will explore how the project operates, its market metrics, and its future prospects.
How Pi Network Works
Pi Network enables users to mine cryptocurrency easily through a mobile app. To start, one needs an invitation from an already registered user. The app requires a button press every 24 hours, allowing users to earn Pi without solving complex mathematical problems as in Bitcoin mining. Instead, Pi uses the Stellar Consensus Protocol, which is more energy-efficient. Rewards decrease with the increase in user numbers, which is known as negative exponential decline.
Pi's Market Performance and Potential
Pi Coin was initially listed at around $1.852, but its price has fluctuated over time. At the time of writing, the price was approximately $0.5, with a market cap of about $3.6 billion. Current forecasts indicate the potential for significant price growth driven by active trading and increasing user interest.
Pi Network Partnerships and Future Developments
Pi Network is actively developing partnerships with real-world companies. A significant event was the collaboration with the cryptocurrency exchange BitMart, which provides liquidity for trading Pi. In 2025, the project team integrated Google's data into their blockchain system, creating a new PIOS standard license. This connection of Web2 and Web3 will make the network more appealing to users.
Pi Network boasts a large user base and growth prospects due to partnerships and innovations. With the increasing number of active users and enhanced functionality, the project shows potential for significant growth in 2025.
