With the continuous heating up of the cryptocurrency market, Pi Network has become a hot topic among investors due to its unique mobile mining model and mainnet progress. As a project that allows users to ‘mine’ on their phones, Pi Network has attracted tens of millions of users worldwide with its low threshold and high participation. This article will combine the latest news from May 2025 to provide an in-depth analysis of the current development of Pi Network. Price movements And investment potential, providing you with comprehensive market insights to help capture cryptocurrency investment opportunities.
Pi Network is a mobile app-based cryptocurrency project aimed at enabling ordinary users to participate in the blockchain eco by simplifying the mining process. Users can ‘mine’ Pi coins by simply clicking on the app every day without consuming a large amount of electricity or using professional equipment. Since its launch in 2019, Pi Network has attracted over 70 million users. Its Open Mainnet was officially launched on February 20, 2025, marking a new phase for the project.
The core goal of Pi Network is to build a decentralized global economic eco, supported by its native token Pi, for practical decentralized applications (dApps) such as e-commerce and freelance platforms. Recently, Pi Network has made significant progress in compliance, eco development, and exchange listings, becoming an important participant in the crypto market.
According to recent news, Pi Network showed strong development momentum in May 2025, but also faced the challenge of selling pressure brought by token unlocking. Here are the key dynamics of Pi Network based on the latest reports:
According to CryptoTimes, on May 4, 2025, Pi Network launched the mainnet wallet activation function, allowing users who have undergone Know Your Customer (KYC) verification to more easily access the mainnet blockchain. This feature simplifies the participation process for new users and non-network members, with non-users able to create mainnet wallets through third-party KYC services. This update significantly reduces barriers to entry while maintaining network security, driving the global expansion of the eco.
Unlike other crypto projects chasing short-term popularity, Pi Network focuses on long-term compliance and trust building. According to Coinpedia, Pi Network not only requires users to complete KYC (Know Your Customer) verification, but also imposes strict KYB (Know Your Business) requirements on centralized exchanges (CEX) wishing to list the coin. This high level of compliance standards aligns it with the International Telecommunication Union (ITU) under the United Nations and the Digital Currency Global Initiative at Stanford University.
For example, Pi Network is driving exchanges like OKX to adopt KYB rules to ensure that the trading platform complies with regulatory requirements. Although this strategy has delayed the listing process on top exchanges like Binance, it has established a solid foundation of trust for the project.
Despite the smooth development of the eco, Pi Network is facing market pressure due to the unlocking of tokens. According to Times Now and Coingape reports, around 234 million Pi coins worth approximately $139 million will be unlocked in May 2025, which is expected to increase market circulation and selling pressure. After a brief 28% rebound in April, the price of Pi coins is currently fluctuating in the range of $0.58 to $0.66, significantly down from last year’s peak of $2.78.
Technical indicators show that the Relative Strength Index (RSI) of Pi coin is 38, close to the oversold zone, the MACD indicator tends to be bearish, and the price may further test below 0.50 US dollars in the short term. However, the Pi core team is working to alleviate market pressure through stability measures and eco development efforts.
Pi Network’s open mainnet provides developers with a vast space and has launched over 100 dApps, including 1Pi Mall (e-commerce platform), Workforce Pool (freelance job market), and Map of Pi (merchant navigation supporting Pi coin payments). Recently added Piepump.fun (meme coin issuance platform) and Fruity Pie (casual game) further enrich the eco.
These applications not only enhance the utility of Pi coin, but also attract more users to participate, enhancing the long-term value of the network. BSCNews on the X platform said that the open mainnet is one of the most important updates in the history of the Pi Network, marking its transformation into a globally practical network.
In May 2025, Pi Network demonstrated strong development momentum through mainnet wallet activation, compliance construction, and dApps eco expansion. Despite facing short-term price pressure from token unlocking, its unique mobile mining model and global vision set it apart in the crypto market. Investors should closely monitor rumors of exchange listings, technical indicators, and macroeconomic trends, and adjust their strategies flexibly to seize potential opportunities in the Pi Network.
Disclaimer: This article is for information reference only and does not constitute investment advice. The cryptocurrency market is volatile, please thoroughly assess the risks before investing.