Despite its slow pace, crypto expert Dr. Altcoin insists that the Pi Network project still has a future. According to him, the delays are not signs of a scam but a result of the network's unexpectedly rapid expansion.
Pi Network Isn’t a Scam – It Simply Outgrew Its Original Vision, Says Expert
Well-known Pi Network supporter Dr. Altcoin recently spoke out about the development of this ambitious project. He admitted that he himself considered walking away—especially after the launch of the full Open Mainnet was postponed again in December 2024. However, he ultimately stayed, partly due to a community poll of over 5,800 users, in which 52% expressed their belief in the project's legitimacy.
Another factor that influenced his decision was the listing of Pi on several major exchanges in February 2025, which added much-needed credibility. Still, Dr. Altcoin acknowledged that the project's communication has often been slow and unclear.
Infrastructure Overloaded by Explosive Growth
Dr. Altcoin also emphasized that Pi Network has vastly outgrown its original expectations. What began as a small network for a few million users is now a global platform serving over 65 million pioneers across more than 200 regions.
“This is still a massive, ongoing development—it’s natural that it takes time,” he noted, urging the community to celebrate the milestones already achieved.
Major Pi Network Advancements: Nodes, Partnerships, and Exchange Listings
Despite pressure from users, the Pi Network team continues building and recently announced several key developments:
🔹 New Pi Node Version (v0.5.3): CTO Nicolas Kokkalis released an update that improves blockchain explorer functionality, simplifies node setup, and introduces auto-updates that will roll out gradually.
🔹 Partnership with Banxa: This integration allows users to buy and sell Pi directly using common payment methods like Apple Pay and Google Pay.
🔹 Exchange Listings: Pi Coin has been listed on major platforms including OKX, Bitget, and MEXC, and most recently on Swapfone—a regulated U.S.-based mobile-first crypto exchange, significantly expanding access to the asset.
Pi Network Prepares for Mainnet Migration
The development team is moving forward with its transition to a full mainnet. Users have been reminded to enable two-factor authentication in their Pi Wallet, which is the final item on the mainnet migration checklist. Many believe this step signals upcoming major changes to the ecosystem.
Meanwhile, the Pi Coin price has stabilized between $0.43 and $0.45. According to trader BOSSMD, Pi recently broke through a descending trendline and tested resistance at $0.465 before consolidating around $0.445–$0.450. If the support holds, another test of $0.465 could follow.
Conclusion
Dr. Altcoin remains confident that Pi Network has strong potential despite ongoing criticism. Millions of users have joined the project, and a transition to a fully functional network seems only a matter of time. The key is patience—and keeping an eye on future developments from both the team and the market.
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