4 Reasons to Be Bullish on Pi Network: One to Watch in 2025?

Mobile mining remains a trending topic in the blockchain industry, and Pi Network has captured significant attention amongst several communities. Designed to make crypto accessible through mobile mining with minimal energy use, Pi Network aims to integrate blockchain into everyday life. The project has grown rapidly, boasting over 110 million downloads globally. 

Recently, numerous important developments have sparked optimism among investors and users keenly monitoring the protocol’s trajectory. How about other users who do not think Pi Network has what it takes to be a leading player in the Decentralized Finance (DeFi) industry? 

This article explores why users need to be bullish on Pi Network while addressing challenges and encouraging readers to conduct their own research.

Why Pi Network Is Gaining Traction in 2025

Pi Network’s unique approach, allowing users to mine cryptocurrency on their smartphones, has set it apart from traditional blockchain projects. With more than 60 million Pioneers and over 19 million identity-verified users, the platform’s growth is undeniable. Its recent transition to an Open Network and listings on major exchanges have fueled discussions about its future. 

Below, we outline four compelling reasons why Pi Network is positioned for potential success, supported by recent data and updates.

1. Successful Open Network Launch and Exchange Listings

Pi Network’s Open Network launch, announced in February 2025, marks a pivotal milestone. This transition enabled the blockchain to connect with external systems, a promise long anticipated by its community. The launch has facilitated integrations with centralized exchanges (CEXs), enhancing Pi Network’s accessibility and credibility. Furthermore, innovations like Pi Ventures to support startups and businesses wouldn’t have been possible without the Open Network launch. 

Following the launch, PI coin was listed on major exchanges like OKX, with trading pairs such as PI/USD showing robust activity. According to market data, PI/USD on OKX records a 24-hour trading volume of $23,411,884, accounting for 38.39% of total volume across exchanges. Other top exchanges like MEXC and Bitget record 28% of the total volume, highlighting significant market interest. While a Binance listing remains pending, these developments signal growing trust in Pi Network’s infrastructure.

The Open Network launch aligns with Pi Network’s roadmap, which emphasizes scalability and real-world adoption. By enabling external transactions, the network is poised to attract new users and investors, potentially driving demand for PI coin. 

2. A Resilient and Engaged Community

One of Pi Network’s standout features is its highly engaged community, which has remained active even after its Token Generation Event (TGE). Unlike many cryptocurrency projects that experience a drop in enthusiasm post-TGE, Pioneers continue to drive momentum. 

Community engagement is evident across multiple platforms. On social media, discussions about Pi Network’s progress are vibrant, with users sharing updates on app development and network milestones. Recent data shows 19 million identity-verified users, a critical step for ensuring network security and compliance with Know Your Customer (KYC) standards. This verification process, while time-intensive, has bolstered trust in the ecosystem. 

Community-driven events like PiDay & PiFest, and the growing adoption of Pi Network’s apps further demonstrate its ability to maintain enthusiasm, a rare trait in the volatile crypto space.

3. Market Cap and Financial Stability

Pi Network’s market performance provides another reason for optimism. As of publication time, the project boasts a market capitalization of approximately $4.67 billion, with a circulating supply of 7,3 billion PI coins. Priced at $0.6371, as per CMC, PI has shown resilience despite market fluctuations, with a 24-hour price change of 2.9% and a 7-day range between $0.6099 and $0.7157.

This high market cap reflects investor confidence in Pi Network’s long-term vision, particularly its focus on accessibility and utility. While price volatility is a concern, as with all cryptocurrencies, Pi Network’s ability to maintain a multi-billion-dollar valuation suggests a solid foundation.

Market analysts note that Pi Network’s performance compares favorably to other mid-cap cryptocurrencies. Its trading volume, particularly on exchanges like OKX, underscores liquidity and investor interest. For those bullish on Pi Network, this financial stability is a promising sign of its staying power in a competitive market.

4. Expanding Ecosystem of Applications

Pi Network’s growing ecosystem of applications is a cornerstone of its bullish outlook. The blockchain platform hosts over 20 Mainnet apps, accessible via the Pi Browser, with new additions announced regularly. 

Most recently, new apps, including a snake game, the FruityPi launch, and additional e-commerce solutions, have met strict quality and utility standards. This focus on high-quality applications ensures that the ecosystem remains user-friendly and practical. By prioritizing real-world use cases, Pi Network is positioning itself as a blockchain with tangible value, potentially driving adoption and demand for PI coin.

The network’s developer-friendly approach, supported by resources like the Pi Apps Platform, encourages third-party innovation. As more apps are integrated, the ecosystem’s utility is likely to grow, attracting users beyond the crypto community. This expansion aligns with Pi Network’s mission to make blockchain accessible for everyday transactions, a key driver of its long-term potential.

Challenges and Considerations for Investors

While Pi Network presents compelling reasons for optimism, it’s not without challenges. Across several social media platforms, particularly on X, users are disappointed that PI coin has not appreciated significantly since the Open Network launch, with its price hovering below $1 despite a multi-billion-dollar valuation. 

Factors like token unlocks and exchange outflows can contribute to price volatility. Additionally, the absence of a Binance listing, while anticipated, has tempered expectations for some. The cryptocurrency market is inherently unpredictable, and Pi Network faces competition from established players and emerging projects.

Investors are encouraged to conduct thorough research before making decisions. While the Open Network launch, strong community, high market cap, and growing ecosystem are positive indicators, they do not guarantee future success. Potential risks, such as regulatory hurdles or market saturation, should be carefully evaluated.

A Promising Yet Uncertain Future

Pi Network’s recent milestones, engaged community, robust market cap, and growing ecosystem provide strong reasons to be bullish. These factors position it as a contender in the blockchain space, with the potential to redefine how cryptocurrencies are used in daily life. However, the road to widespread adoption is not a stranger to challenges, and investors should approach it cautiously.

For those interested in Pi Network, staying informed is crucial. Regularly check official updates, market data, and community discussions to gauge its progress. In the meantime, Pi Network’s journey is far from over, and its next steps could shape the future of accessible blockchain technology.