PI Network Collapse Accelerates Shift to Utility-Focused Cryptocurrencies Like Remittix

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News - PI Network's value has plummeted over 90% in 2025, crashing to $0.28 amid mass liquidations and alleged insider dumping. Analysts now label it the "biggest blunder of the year," with technical charts showing no near-term recovery as supply floods exchanges. The collapse has accelerated a broader market pivot toward utility-focused tokens. Remittix, a PayFi project gaining viral adoption, is emerging as a favored alternative. Its real-world use case contrasts sharply with PI's mining-based model, which has faltered after peaking at $3.40 earlier this year. Investor flight reflects growing skepticism toward speculative assets without clear utility. As DeFi ecosystems mature, projects delivering tangible solutions are absorbing capital from collapsing tokens like PI—now trading at less than 10% of its 2025 high.