Pi Network is making waves with its upcoming OKX listing on Feb 20, 2025, but does it have what it takes to sustain long-term value? With over 60M users but no official exchange price, speculation runs high.

Will Pi Network evolve into a fully functional blockchain, or is it just another overhyped project? Here’s a Pi Network Price Prediction.

Pi Network Overview

Pi Network is a cryptocurrency project that allows users to mine tokens directly from their smartphones. Unlike traditional crypto mining, which demands significant computational power, Pi enables mining through a simple daily tap—activating a “lightning bolt” icon—to secure the network.

Launched in 2019, Pi Network has garnered over 60 million users and 19 million downloads across app stores. Despite its massive user base, the token (PI) remains unlisted on major exchanges, leaving its official value at $0. Current “prices” stem from informal peer-to-peer trading, often referred to as the “gray market.”

The project has faced skepticism due to its lack of tangible utility and accusations of potentially harvesting user data. However, recent news of PI’s upcoming listing on OKX—a top-tier exchange—on February 20, 2025, has reignited interest and debate within the crypto community.

Factors Influencing Pi Network Price

Tokenomics and Supply Dynamics

Pi Network has disclosed its tokenomics model, showing a circulating supply of over 6 billion PI and a total supply nearing 9.29 billion PI. Despite this, there is no established practical use for PI at present.

Should Pi Network successfully launch its blockchain, PI may be used for:

• Validator Operations: Users could stake PI to become network validators, contributing to network security and operation.
• Transaction Fees: PI could serve as the native currency for transactions within the Pi Network ecosystem.

Token Overview

• Token Name: Pi Network
• Symbol: PI
• Blockchain: Pi Network
• Smart Contract: Pending update
• Token Standard: Pending update
• Category: Blockchain Platform (unconfirmed)
• Circulating Supply: 6,041,000,000
• Total Supply: 9,294,000,000
• Maximum Supply: 100,000,000,000
• Exchanges: OKX, Bitget, etc.

Community Sentiment

Community engagement is a core driver of Pi Network’s growth. With 60 million members worldwide, anticipation remains high for its official exchange listing.

The announcement of OKX listing PI on February 20, 2025, has been seen as a major development. Following this news, PI’s price on informal pre-listing platforms surged, indicating strong speculative interest despite the absence of concrete utility for the token.

Note: Pre-listing or ‘IOU’ trading allows tokens to be bought and sold as a commitment rather than as actual assets. Deposits and withdrawals are only enabled once the project officially launches.

Following the OKX announcement, PI’s IOU price reportedly spiked to $82.5, showcasing the market’s heightened anticipation.

Market Conditions

The broader cryptocurrency market is currently experiencing a short-term bearish trend, partly due to a recent Bitcoin decline. This downturn has increased selling pressure across various crypto assets, influencing investment sentiment.

Pi Network Price Predictions: Realistic or Overhyped?

For comparative analysis, Pi Network can be evaluated alongside other Layer 1 blockchain projects. The average market valuation of Layer 1 blockchains currently ranges from $500 million to $10 billion. Given a total supply of 9.29 billion PI, this could translate to a price range of approximately $0.0538 to $1.076 per PI.

Additionally, informal over-the-counter (OTC) transactions for PI have seen price variations between $0.80 and $1.20 per coin. If PI stabilizes at an average price of $1, its estimated market capitalization would be around $9.29 billion.

Should the price rise to $1.20, the projected market cap could reach $11.15 billion. These figures would position Pi Network among major blockchain projects, despite the lack of a fully developed infrastructure or ecosystem.

While the project enjoys a large community, achieving and sustaining these valuations would require significant technological advancements and widespread real-world adoption.

Future Prospects and Considerations

A key question surrounding Pi Network is whether it can successfully transition from a concept to a functioning blockchain ecosystem. Several challenges must be addressed for PI to achieve long-term viability, including:

• Regulatory Clarity: Many governments have yet to recognize or regulate Pi Network, making its future uncertain.
• Ecosystem Development: Beyond its large user base, Pi needs practical applications to justify and sustain its value.
• Exchange Support: While OKX’s planned listing is a milestone, broader adoption by additional exchanges could further impact PI’s market perception.

Final Thoughts

Pi Network’s OKX listing marks a pivotal, if controversial, milestone. While the community celebrates the long-awaited recognition, skeptics question whether the project can deliver real-world utility to justify its speculative hype.

Investors should approach PI with caution. Its price will hinge on the team’s ability to transition from promises to a functional blockchain, foster ecosystem growth, and retain user trust. For now, Pi remains a high-risk, high-reward bet in the volatile crypto landscape.

Disclaimer: This analysis is for informational purposes only. Always conduct independent research before making financial decisions.

KEYRING PRO Wallet – Managing PI and Other Assets Securely

As Pi Network moves toward mainstream adoption with its upcoming OKX listing, securely managing digital assets becomes increasingly important. While Pi’s ecosystem is still evolving, users looking for a multi-chain solution to store and interact with their crypto holdings may benefit from wallets with enhanced security and flexibility.

KEYRING PRO Wallet offers a non-custodial, multi-chain approach to managing cryptocurrencies. It allows users to access multiple blockchains in a single interface, making it an ideal tool for those exploring emerging projects like Pi alongside established assets.

With hardware wallet integration, an address book NFT feature, and seamless cross-chain capabilities, KEYRING PRO ensures that users stay in control of their crypto portfolios, regardless of market shifts.

As Pi Network’s utility expands, having a secure and adaptable wallet could be key to maximizing its potential.