Pi Network price formed a God candle and neared the key resistance at $100 after the developers unveiled the roadmap for the mainnet launch. The Pi coin surged to its highest level since October and about 140% above its lowest level this month. So, what next for Pi in 2025 through 2030?
Pi coin mainnet launch ahead
The biggest Pi news was the upcoming mainnet launch, which the developers confirmed would happen on February 20th. This is a big event, considering that Pi is one of the most popular cryptocurrency projects on record.
During its peak, Pi Network had over 50 million users. However, this number has dropped over the years, and according to the developers, only about 10.1 million users have migrated their Pi tokens to the mainnet so far. 19 million of its users have verified their identity.
The mainnet launch is a culmination of many years of mining and development. In the last six years, the developers created a mining application that lets users mint new tokens easily. The developers also created a browser that has been downloaded over 100 million times.
The other core parts of the Pi ecosystem are Fireside Forum, a social media platform, and its ad network. It has also attracted third-party developers who have built over 100 applications that will migrate to the network.
For starters, Pi Network is a leading crypto project that aims to be a better version of Bitcoin by ensuring that mining is easy. Unlike Bitcoin, anyone with a smartphone can mine the Pi token. Pi also hopes to have lower transaction costs and an ecosystem of applications. In a note, Pi said:
“Pioneers should continue to KYC and migrate to Mainnet if they haven’t already before or after the Open Network launch, and engage with Pi apps in the Pi Browser to support ecosystem development and long-term utility.”
Read more: PI price outlook: what’s next post Q1 2025 mainnet launch?
Pi Network price and market cap at launch
A lot has not been revealed about the upcoming Pi Network mainnet launch. However, we can assume that the initial price will be the Pi unit of 3.14. According to the Block Explorer, there are now over 6,067,740,393 migrated mining rewards and 4,514,791,738 locked mining rewards.
Therefore, assuming that the original price will be $3.14, it means that the Pi Network may have a market cap of over $19 billion during launch. This valuation excludes the locked mining rewards.
Pi price prediction 2025
The initial days of the Pi Network mainnet launch will be volatile as many pioneers dump their tokens. These users have seen the dangers of holding newly launched tokens for so long. Some good examples of tokens that have plunged after their airdrops are the likes of Hamster Kombat and Catizen.
Many utility tokens like Berachain, Wormhole, ZkSync, and Grass have all crashed after their airdrops.
The main reason for the crash is that these newly minted tokens lack initial buyers after their launch. In Pi Network’s case, many pioneers will rush to exit since they have been mining the tokens for years. Therefore, the initial months of the Pi coin will be tough as sell orders outweigh buy ones.
Where will Pi be in 2030?
The Pi coin price may bounce back in the long term. As such, if the price will start trading at $3.14, there is a likelihood that it will surge to over $50 by 2030. That’s because it has a proven record of decentralization and is a highly popular coin.
Pi Network is also a Made in USA token, meaning that the SEC may approve a spot Pi ETF in the coming years.
Therefore, the Pi coin will likely have drop initially and then jump by 2030. This bullish view assumes that Bitcoin and other cryptocurrencies will do well in that time.
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