As the cryptocurrency market continues to evolve, Pi Network (PI) has emerged as a focal point for traders and analysts, with its price movements and ecosystem developments sparking intense debate. With the token trading at $0.73 as of June 5, 2025, Pi Network’s future hinges on critical milestones, including its mainnet rollout, user adoption, and ecosystem growth.
Why Pi Network’s Mainnet Rollout Matters
Pi Network’s phased migration strategy has been a double-edged sword. While it aims to align token supply with organic demand, delays in migration and repeated KYC demands have eroded trust among users. The June unlock of 276 million PI tokens, valued at $176 million, poses near-term risks, with bearish sentiment dominating the market (60% negative, 30% neutral, 10% bullish).
However, rumors of Phase 2 migration and potential mainnet upgrades have fueled optimism. Blockchain researcher Ahmed Ishtiaque noted, “Pi’s architecture aligns well with decentralized economies powered by smartphones, a vision laid out years ago by Tsinghua University.” This alignment with academic foresight could bolster investor confidence in Pi Network’s long-term viability.
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