🚨 Urgent Pi Network (PI) Alert: Every Pioneer Must Read This Before August 2025

Pi Network's make-or-break moment arrives as Mainnet deadline looms

The clock is ticking

With less than 12 months until projected full decentralization, Pioneers face critical decisions about wallet security, KYC completion, and token migration. The open market won't wait for stragglers.

Behind the mining hype

Daily active users still claim they're 'mining' PI tokens - despite the network transitioning to utility-based rewards. Old habits die hard in crypto, even when the free-money faucet runs dry.

Wall Street watches (and yawns)

Traders still dismiss PI as 'that phone mining token' while quietly tracking its grassroots adoption. Nothing amuses institutional investors more than retail traders discovering liquidity constraints the hard way.

Mainnet or main-not? The next 300 days decide whether this experiment becomes Ethereum's scrappy cousin or just another crypto cautionary tale.

More Time for Pioneers

Pi Network’s ecosystem consists not only of its native cryptocurrency but also numerous other features. Among the examples are the .pi Domains, which, according to the team, are intended to be “functional Web3 identifiers, anchors for PI-powered apps, services, and storefronts.” 

Just recently, the team reminded that the .pi Domains Auction was extended to September 30, 2025, in order for users to have additional time to innovate, build, and bid for their applications. 

Through the domains, pioneers will be able to personalize their Pi wallets or identities. For example, instead of long addresses consisting of multiple letters and numbers, people can use their names and the .pi ending to receive payments or operate within the ecosystem. The domains are similar in concept to .eth (Ethereum Name Services) or .bnb (BSC Name Services).

Pi Network’s team is notorious for its extensions of previously set deadlines. The project, which saw the light of day in 2019, had postponed the launch of its Open Network and many other important events over the past few years.

The latest extension wasn’t met kindly by many members of the community, with some labeling PI Network as a scam and others losing their trust in it. 

PI Continues to Decline

The price of Pi Network’s native token has been in a state of free fall over the past months, recently plummeting to a new all-time low of $0.33 (per CoinGecko’s data).

The negative performance aligns with the latest correction of the entire cryptocurrency market, the constant unlocks of PI tokens, and the diminished investor interest in the asset. 

However, the recent accumulation of a mysterious whale and the potential listing of the asset on a major exchange may reverse the bearish trend. There are some rumors that Binance could embrace PI in mid-August: a MOVE that will increase the token’s liquidity, improve its visibility, and provide it with a reputational boost. 

The world’s biggest crypto exchange, though, hasn’t announced anything officially on the matter and continues to stand aside from the asset. Some of the well-known platforms where people can trade PI include Gate.io, Bitget, OKX, and others.