#PI# The future trend of Pi Network is relatively complex and has a significant degree of uncertainty. The following is an analysis based on the existing information:

Short-term trend is bearish: As of September 15, 2025, the price of Pi coin is $0.353, close to its historical low, and facing significant selling pressure. The Chaikin Money Flow (CMF) has dropped to its lowest point in six weeks, indicating significant capital outflow and a weakening market confidence in the stability of Pi coin. Furthermore, the correlation between Pi coin and Bitcoin is as high as 0.92; if Bitcoin declines further, Pi coin may follow suit, potentially dropping to new multi-month lows. If Pi coin loses its support level at $0.344, the price may fall to $0.322, and could even drop further to $0.300.

Long-term trends contain uncertainties: In the long run, Pi Network has certain development potential. Its users span over 230 countries worldwide, with more than 50 million registered users and over 30 million KYC-verified users, creating a large community. Additionally, dozens of dApps are about to launch, such as PiChainMall and Fireside Forum. Once the mainnet is opened, it will generate real on-chain transaction activities, meaning Pi will first possess the function of "base currency," which may have a positive impact on its price. However, Pi Network also faces some challenges, such as the mainnet not being fully open yet, the real market price mechanism not being initiated, lack of support for trading from mainstream CEXs, insufficient liquidity, serious underestimation of off-chain Pi trading prices in certain regions, and unclear regulatory policies, all of which may affect its long-term development.

The above content is compiled from publicly available information and does not constitute any investment advice.