Pi Network’s User Base Surges to 13 Million Amid PI Token’s Market Struggles
Pi Network has experienced rapid expansion since its open-access Mainnet launch in February 2025, adding over 3 million new users to surpass 13 million total. However, the network's native Pi token continues to face market challenges.
Currently trading at $0.5517, PI shows only a modest 2.28% daily increase, failing to recover from its 30% monthly drop. This underperformance contrasts with the broader LAYER 1 token market recovery, raising concerns about Pi Network's actual adoption and utility.
Google Trends indicates declining interest, with "Pi Network" searches dropping to 8 out of 100. Despite the Pi Core Team reporting 7.4 billion PI tokens migrated (5.2 billion locked, 2.2 billion unlocked), market confidence remains low.