Pi Network Shows Resilient Community Growth Amid Price Volatility and Token Unlocks
Despite a 17% monthly decline to around $0.43, Pi Network's coin demonstrates resilience as it remains rangebound between $0.39-$0.67 since June. The recent unlock of 10.8 million PI tokens, the largest this month, may add downward pressure on the price.
Behind the price movement, Pi Network boasts a robust ecosystem. Analyst Kim Wong points to its 65 million global users across 200 countries, 4.34 million X followers (ranking third behind only Binance and Bitcoin), and 400,000 operational nodes. These indicators highlight strong grassroots adoption, outpacing many established projects in the crypto space.