Pi Network Mainnet Launch: Why Founders Are Betting on Utility Over Price Hype
The Pi Network, a mobile-based cryptocurrency project with over 30 million users, has finally launched its mainnet—but not at the sky-high prices some investors hoped for. Priced at just $2.98, the PI token’s debut reflects a strategic shift from speculative hype to real-world utility. What does this mean for early adopters and the future of Pi Network?
Pi Network Mainnet Launch: A Reality Check
The Pi Network mainnet went live on February 20, 2025, with the PI token opening at $2.98—far below the $10 some investors anticipated. Founders Dr. Nicolas Kokkalis and Dr. Chengdiao Fan have made it clear: the focus is now on building utility, not chasing short-term price gains.
Why Utility Matters More Than Price for Pi Network
The founders emphasize that long-term success depends on real-world adoption. Key areas of focus include:
- Decentralized applications (dApps)
- Digital identity systems
- Cross-border payment solutions
Tokenomics and Market Challenges
With 93 billion PI tokens set to unlock, the supply could create sustained selling pressure. Analysts compare Pi Network to projects like Solana but caution that its large token supply may limit rapid price appreciation.
What’s Next for Pi Network?
The project faces the challenge of converting its massive user base into active ecosystem participants. The founders remain committed to infrastructure development, betting that utility will drive long-term value.
Conclusion: Patience Over Hype
Pi Network’s mainnet launch marks a pivotal moment, but the real work begins now. For investors, the message is clear: utility comes first, price later.
Frequently Asked Questions (FAQs)
Why did Pi Network launch below $3?
The founders prioritized utility and ecosystem growth over speculative price targets, leading to a more conservative valuation.
Will Pi Network’s price rise in the future?
Price appreciation depends on adoption and real-world use cases, not just market speculation.
What are the main use cases for Pi Network?
Key focuses include dApps, digital identity, and cross-border payments.
How does Pi Network’s token supply affect its price?
The large supply (93 billion tokens) may create selling pressure, limiting short-term price spikes.
Is Pi Network a good investment?
It depends on your strategy—long-term utility believers may see potential, but short-term traders could be disappointed.
