Pi Network Faces Declining Search Interest and Trading Volume — Can Pi2Day Revive Momentum?
Global search interest for Pi Network has hit its lowest point in 2025, with Google Trends data revealing a score of just 5. This drop follows the project's Open Network launch in February, which initially drove a spike in attention.
Pi Coin IOU trading volume has plummeted by 97% since mid-May, falling from $2 billion to $56 million. The bearish trend persists as Pi Coin hovers NEAR $0.637, with unresolved technical challenges.
Community Optimism now centers on the upcoming Pi2Day event on June 28, an annual celebration linked to Elon Musk's birthday. Pi Network Alerts has hinted at major updates and mass migration plans, but skepticism mounts as market momentum weakens.