Analyst: Pi Coin’s Revival Depends on Mass Adoption and DApp Ecosystem Growth

Pi Network's native token continues to struggle amid investor concerns over transparency and centralization, with volatile price action showing no signs of recovery.

Crypto analyst Kim H Wong highlights two key factors for Pi Coin's turnaround: achieving widespread adoption and developing a strong decentralized application (DApp) ecosystem. The network already has a significant foundation with 65 million users across 200 countries, making it one of the largest crypto communities globally.

The peer-to-peer system facilitates mobile transactions using Pi Coin, showcasing practical utility. Wong remains bullish on the project's long-term potential, pointing to its unique DApp support and established user base as distinct advantages in the competitive blockchain landscape.