🚀 Stellar Consensus Protocol: Pi's engine continues to shine at $0.67+!
Pi Pioneers, let's talk about the Stellar Consensus Protocol (SCP)—the engine that powers Pi mining effortlessly with just a tap! 📱⛏️
Key statistics:
Mainnet launched on February 20, 2025 ✅
Pi's price is $0.6756 on major platforms like OKX, MEXC, and Bitget 📈
Over 60 million pioneers, 6.94 billion Pi traded, and ranked #26 globally 🌐
Let's dive into the magic of SCP, the trust system that keeps Pi sustainable, and what the future holds!
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🔄 Quick review of SCP
Pi's SCP, derived from Stellar, relies on security circles to create a trust network for fast and secure transaction transfers. Using dedicated consensus chips, transactions are completed in about 5 seconds with very low energy consumption, making it ideal for mining via phones.
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💪 Why does SCP still excel?
Eco-friendly ⚡
Unlike Proof of Work (PoW), SCP uses nearly zero energy to process transactions. This keeps mining sustainable and light on our phones!
Trust-based security 🤝
SCP operates on security circles, with 3-5 verified contacts through KYC to ensure a secure and robust network. With over 19 million verified pioneers and over 10 million transitioned to mainnet, Pi's security is stronger than ever.
Expanding like champions 🏆
With over 60 million pioneers and 6.94 billion Pi traded (out of 100 billion total supply), Pi ranks #26 in the market, with 0.15% market share.
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📢 Mainnet and trading updates
Mainnet: Officially launched on February 20, 2025, with conversion and trading now available 🔄
Platforms: Pi is listed on OKX, MEXC, and Bitget, and the Binance survey closed on February 27, 2025—we're still waiting for confirmation! 🤔
Pi Price (April 23, 2025): $0.6756 (with a 24-hour low of $0.6370). Market cap $4.62 billion 💰
Statistics: With 6.94 billion Pi traded, 24-hour trading volume $129.07 million, and total market cap $66.69 billion, Pi shows remarkable progress 📊
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✨ 2025 Predictions
The Pi core team is working on enhancing SCP to increase speed and security. The KYC/migration deadline was met on March 14, 2025, meaning more users have transitioned to mainnet. The Binance listing could lead to a price increase, but market fluctuations should be noted—price volatility is expected within 24 hours! ⚠️
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🚀 Keep mining, Pi pioneers!
The Pi system based on SCP continues to push the boundaries of sustainability, expansion, and community-driven growth. With Pi priced at $0.6756, let’s keep expanding the network. Keep tapping daily, spread the word, and let's make history together! 📣
👇 What do you think? Share your thoughts in the comments! 🗨️
Don't forget to hit ♥️ Like and 🔁 Share to help grow our community! 🚀
#PiNetwork #BinanceAlphaAlert PioneerPower #Crypto #Web3 #DeFi #PiCoin #Mining
Sources:
Stellar: stellar.org
Pi Network: minepi.com
CoinGecko: coingecko.com
