The cryptocurrency industry is full of ambitions and questions. One of the frequently discussed topics is: "Will Pi Network’s $PI token reach $10?" With the Open Network launch and a user base of over 60 million, the project is sparking discussions, generating both admiration and skepticism.
Why Did Pi Network Become Popular?
Pi Network's growth is remarkable. By early 2025, its users surpassed 60 million globally. One reason for this surge is the referral system that increases mining rates for inviting friends. The app’s simplicity also contributed to fast user base growth, attracting people from Southeast Asia, Africa, and the USA. With the $PI token entering the open market, users hope their efforts will bear fruit.
The Open Network Launch: Is It a Game Changer?
February 20th, 2025, was a significant day for Pi Network: with the Open Network launch, the $PI token became available on a real blockchain. Over one million users who completed KYC transferred their coins to Pi’s mainnet. Several exchanges, including OKX, listed $PI, leading to initial market trading. The main question remains: will $PI reach greater heights?
What Might Propel $PI to $10?
For $PI to reach $10, demand must grow. Supported by 60 million users and accepted in several countries, if businesses start accepting $PI, demand may increase. Major exchanges like Binance and Coinbase could attract new buyers if they list $PI. Expanding the app ecosystem, launching useful decentralized applications, and controlling token supply are key factors for potential growth.
As of early March 2025, $PI trades around $1.91, with a market cap of about $13.4 billion. Reaching $10 requires significant growth and proper ecosystem management. While possible, many challenges lie ahead, and it's a matter of waiting and watching how the situation unfolds.
