😨😱🚨 What Pi Coin Needs For Recovery After Pullback, Slow Growth

Pi Network price has continued to struggle, with many anticipating the ongoing topsy-turvy scenario to sustain.

Notably, many have expressed their frustration over the lack of transparency from the Pi Core Team. In addition, the centralization concern of Pi Coin has further weighed on the investors’ sentiment.

Amid this, a top market expert and trader has revealed how the crypto can witness growth in the near future.

Meanwhile, the expert has also unveiled the relationship between Pi Network and Pi Coin. In simple terms, the expert has highlighted how the coin is used within the network.

Besides, he also remained optimistic about the future trajectory of the asset.

Analyst Highlights Catalyst for Pi Network Growth

In a recent post on X, crypto analyst Kim H Wong has highlighted the primary challenges and opportunities ahead for Pi Network.

Wong noted that Pi Coin has a solid infrastructure and a massive user base. However, he said that its recovery hinges on two things, which are mass adoption and DApp development.

He emphasized that Pi Network is already ahead in terms of vision and reach. The platform offers a peer-to-peer ecosystem where users can trade goods and services using Pi Coin via mobile phones.

Moreover, it boasts over 65 million users in 200+ countries, making it one of the largest crypto communities globally.

Meanwhile, Wong added that Pi’s unique ecosystem supports decentralized applications (DApps) and operates with a .pi domain environment.

He has cited these as something that no other crypto project is currently doing. In other words, he believes this puts Pi in a prime spot to lead Web3 adoption.

However, he cautioned that the ecosystem still lacks practical DApps that people can use every day. To bridge this gap, Wong mentioned the $100 million Pi Venture Fund and the Pi App Studio, both aimed at fast-tracking DApp development using AI tools.

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