Why Pi Network’s Price Lags Behind the Altcoin Rally: 5 Critical Bottlenecks
Altcoins are mooning—so why is Pi Network stuck in neutral?
The mobile-mined crypto keeps missing every bull run. Here's what's throttling its ascent while competitors leave it in the dust.
1. Mainnet limbo kills momentum
Still not fully decentralized after years of 'testing.' Traders hate uncertainty more than bad news.
2. KYC bottlenecks choke liquidity
Their aggressive anti-bot measures work too well—real users can't cash out either.
3. Exchange listings stuck in purgatory
No Binance. No Coinbase. Just shady third-tier platforms with worse spreads than a 2008 mortgage bond.
4. Miner inflation without utility
30 million users mining daily—but what are they actually powering? The 'network effect' needs actual networks.
5. Institutional cold shoulder
VCs would rather fund AI meme coins than touch an unregistered security with 10-digit user counts.
Until Pi fixes these fundamentals, it'll keep being the crypto equivalent of a participation trophy—everyone's got one, nobody values it.
3 Reasons Why Pi Network (PI) Misses Out on the Altcoin Recovery
In July 2025, the altcoin market cap saw an impressive 20% recovery, signaling renewed enthusiasm in the market. At the same time, overall sentiment shifted from “neutral” to “greed.”
However, unlike most altcoins, Pi Coin’s price barely changed. It continued to hover around $0.46.
The first reason behind Pi’s lack of momentum could be the growing reserves on centralized exchanges (CEXs). BeInCrypto reported that PI reserves on centralized exchanges hit 370 million in early July. That number has now exceeded 384 million — a 14 million increase in just one week.
This growing supply creates potential selling pressure. As a result, Pi struggles to break out, even when the broader altcoin market is recovering.
However, there’s a positive side to this. If the selling pressure is so high, why hasn’t the price dropped sharply? That leads to the second reason.
Analyst Moon Jeff emphasized that Pi is consolidating in the $0.40–$0.50 range.
“I believe this is a $PI accumulation zone. $0.4–$0.5 is always an accumulation point. From here we expect a pump toward the reasonable one dollar. This is the time to buy. Targeting a new ATH,” Moon Jeff said.
Accumulation zones usually indicate preparation by long-term investors. These holders are willing to buy from those selling on exchanges and wait for a potential breakout in the future.
A third reason, mentioned within the community, is that Pi Coin is currently excluded from the altcoin season.
This view is based on the unique profile of Pi’s Pioneers. Most of them are older than the average crypto investor. They discovered Pi through multi-level marketing models and often do not invest in any altcoin besides Pi.
In contrast, native crypto investors have largely remained cautious about the project, especially since the open network phase began.
Still, one Pi investor on X (formerly Twitter) named Dao World believes Pi’s price continues to MOVE in sync with the altcoin market — it just hasn’t exploded yet.
“If you look at the charts, Pi’s price still moves in sync with other altcoins. This indicates that market makers are actively adjusting Pi’s price and their movements are closely tied to the altcoin season…Just be quiet and wait,” Dao World said.
The latest analysis by BeInCrypto shows that the $0.4452 level is a critical support zone for Pi. If it breaks below this level, Pi could fall toward $0.4001. On the other hand, strong accumulation could push the price up to $0.49.