Pi Network (PI) Overview
Current Price: $0.483
24h Change: -3.9%
Market Cap: $3.69B (0.10% of total crypto market)
24h Trading Volume: $79.64M
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Key Statistics
| Metric | Value |
|---|---|
| Max Supply | 100B PI |
| Total Supply | 11.76B PI |
| Circulating Supply | 7.64B PI (7.64%) |
| All-Time High | $2.96 (27 Feb 2025) |
| Current Price vs ATH | -83.7% |
What Is Pi Network?
Pi Network is a mobile-first blockchain project founded in 2019 by Stanford PhDs Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. Unlike traditional cryptocurrencies requiring specialized hardware, PI allows users to mine coins through a smartphone app by:
- Tapping a button once daily
- Maintaining security circles (user networks)
- Contributing to ecosystem growth
This energy-efficient mining model democratizes cryptocurrency access while reducing environmental impact compared to proof-of-work systems.
Price Analysis & Trends
Current Market Position
- Support Level: $0.480
- Resistance Level: $0.503
- 7-Day Performance: -3.9% (as of latest data)
Historical Context:
PI reached its all-time high of $2.96 during widespread adoption in early 2025 but has since corrected alongside broader market trends.
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Tokenomics & Supply
- Circulation: 7.64B PI (actively traded)
- Future Releases: Gradual unlocking per project roadmap
Use Cases:
- Peer-to-peer transactions
- Ecosystem app integrations
- Node operation rewards
FAQs
Q: How do I buy Pi Network (PI)?
A: PI is available on major exchanges like OKX, Huobi, and Binance. Always verify official project channels before purchasing.
Q: Is PI mining still profitable?
A: Yes, though earnings depend on network participation level and market conditions. The app-based model maintains low barriers to entry.
Q: What's Pi Network's long-term vision?
A: To create a decentralized ecosystem for everyday digital transactions via mobile devices.
Q: Why is PI price volatile?
A: Like all cryptocurrencies, PI responds to market demand, adoption rates, and broader crypto trends.
Q: When will PI reach max supply?
A: The 100B supply cap will be reached gradually over decades via mining rewards.
Essential Resources
- Block Explorer: Pi Network Explorer
- Whitepaper: Available via official channels
- Community: Engage through verified social media
Note: Always conduct independent research before investing. Crypto markets involve risk.