Bitget Observes Pi Network’s Struggles Amid Market Volatility

Pi Network’s native token, PI, faces significant challenges as its price slumps to $0.6077 in late April 2025, marking a 15% monthly decline. This downturn contrasts sharply with Bitcoin’s concurrent rally, raising concerns among early adopters and investors. Bitget Wallet COO Alvin Kan highlights the growing skepticism surrounding the project, which was once praised for its mobile mining accessibility. The summary below delves into the key developments and market reactions.

Pi Network Faces Critical Test as Token Price Slumps in April 2025

Pi Network’s native token struggles to maintain momentum nearly four years after its mainnet launch. The project once celebrated for its mobile mining accessibility now faces mounting skepticism as PI coin tumbles to $0.6077 in late April - a 15% monthly decline that contrasts sharply with Bitcoin’s concurrent rally.

Early adopters express frustration as their mined holdings depreciate. Bitget Wallet COO Alvin Kan notes the divergence between Pi’s initial community-driven hype and its current market performance, suggesting the project stands at a make-or-break moment ahead of May’s trading sessions.

Blockchain and AI: Over 1 Million Crypto Jobs by 2030?

The blockchain sector, though nascent compared to artificial intelligence (AI), is poised for explosive growth. While AI already boasts over one million global job openings, blockchain currently has just 15,000 to 20,000 active postings. A Bitget Research report projects a 45% annual growth rate for blockchain jobs, potentially surpassing one million by 2030 if adoption mirrors AI’s trajectory.

North America and Asia-Pacific dominate demand, accounting for 40% and 35% of openings respectively. The convergence of blockchain and AI could redefine tech employment landscapes, creating synergies in decentralized computing and data verification.