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According to the market data of Gate.io, the current price of PI coin is $0.62, with a 24-hour decrease of 3.07%. The current circulating market value of PI coin is $4.31 billion, ranking 27th in the overall market. The current circulating supply of PI coin is only 6.96%, with an actual fully circulating market value of up to $62 billion. After reaching a historical high of $3 in February this year, the price of PI coin has been declining all the way, and the current price has dropped by nearly 80% from the historical high.

## PI Network project introduction

Since its launch in 2019, the Pi Network has upheld the concept of "bringing blockchain technology to the public," dedicated to building a mobile cryptocurrency mining platform that is low-energy, low-threshold, and user-friendly. Through innovative consensus mechanisms and mobile device mining models, Pi Network has greatly reduced the technical barriers for users to participate in the blockchain ecosystem, attracting tens of millions of users worldwide to actively participate.

In February 2025, the Pi Network successfully completed the mainnet launch, marking the project's entry into the mature operational stage. With the improvement of the ecosystem, the practicality and intrinsic value of PI coin are gradually recognized by the market, forming a virtuous cycle of user growth and application expansion.

### Overview of the ecosystem

By the second quarter of 2025, the Pi Network ecosystem has shown a strong growth momentum:

- Active user base: The global active user count exceeds 30 million, with a daily active user base surpassing 5 million and a yearly growth rate of 150%.
- Smart contract deployment: The platform has deployed a total of 100,000 smart contracts, an increase of 80% compared to the previous period, demonstrating the rapid growth of the developer community.
- Decentralized Applications (DApps): Currently supporting over 1000 DApps, covering various fields such as finance, social, entertainment, gaming, etc.
- Decentralized finance (DeFi) development: DeFi applications within the ecosystem are active, with a total locked value (TVL) of $1.5 billion, representing a growth of over 200% since the beginning of the year.

Pi Network actively attracts developers, merchants, and end users, gradually building a diverse, open, and continuously expanding application ecosystem, providing solid support for the circulation and use of PI coin.

### PI coin market performance and value analysis

During the first week of the mainnet launch, the PI coin reached a peak of $3, demonstrating strong market enthusiasm. Analysis points out that Pi Network's unique mobile mining mechanism, large community base, and rapidly expanding application ecosystem together have built the core support for its value growth. In the future, with more practical applications landing and business partnerships expanding, the market demand for PI coin is expected to continue to rise.

According to the latest forecast by DigitalCoinPrice, the price of PI coin is expected to reach $15 by 2030. The forecast takes into account the potential of Pi Network in technology innovation, expanding user base, and ecological layout.

### Prospects and Risk Warnings

Despite the strong development potential of Pi Network, investors still need to rationally assess the potential risks. Key factors that will affect the future performance of Pi coin include but are not limited to:

- Global changes in cryptocurrency regulatory environment;
- Progress in Pi Network's technological innovation and ecological scenario expansion;
- Evolution of market competition pattern;
- Macroeconomic fluctuations and changes in investor sentiment.

With its innovative model and huge user base, Pi Network has taken an important position in the global <a href="/ja/price" target="_blank" class="blog_inner_link">cryptocurrency market</a>. In the future, with the further popularization of blockchain technology, Pi Network is expected to continue to expand its influence in emerging economies and the digital economy. However, investment decisions need to be based on comprehensive risk assessment and personal financial planning.

## PI Future Outlook

As an innovative project dedicated to realizing the popularization of blockchain, Pi Network has made significant achievements in user growth, technological development, and ecological construction. In the future, if Pi Network can continue to maintain the pace of open collaboration, technological iteration, and ecological expansion, its position in the global cryptocurrency ecosystem is expected to be further consolidated, creating greater value for coin-holding users.

<div class="blog-details-info">
<div>Author: **Icing**, Gate.io Researcher
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions. Investment involves risks and users need to make careful decisions.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

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What Is the Price of PI Coin? How to Trade PI Coin?