Pi Network Faces Structural Hurdles as Market Decline Tests Dual Value System
Pi Network's token price dropped 4.8% to $0.2156 amid ongoing market pressures. Analysts cite two key structural issues driving the decline: continuous token unlocks increasing circulating supply and insufficient real-world utility to counter selling pressure.
The project's Dual Value System, developed by Professor Kamel Kadah, highlights a sharp divide between internal ecosystem stability and external market volatility. Internal Value remains pegged at $314,150 with 99.6% stability, reflecting strong activity across 127 Pi apps, while external markets grapple with liquidity oversupply.
Market experts suggest reclaiming Pi's all-time high WOULD require either accelerated adoption or new mechanisms to encourage long-term holding. With $562.8 million in internal trading volume indicating latent demand, the core challenge remains bridging the gap between closed-loop utility and open-market valuation.
