Pi Network's crucial moment in October! XRP ETF, altcoin season, and Mainnet launch may trigger a market explosion.

October could become one of the most pivotal months for the Crypto Assets market in years. With the SEC about to rule on multiple XRP Spot ETF applications, signs of a slowdown in Bitcoin's dominance, and abundant market Liquidity, analysts believe that the "alts season" may officially begin. For Pi Network, which is still in its closed Mainnet phase, this could be the best stage for its long-awaited Mainnet launch.

October may welcome the "altcoin perfect storm"

Market observers point out that if the SEC approves the XRP Spot ETF in mid to late October, it will bring three major impacts:

Institutional funds influx: ETFs will provide a legitimate channel for Wall Street funds to directly enter XRP, unleashing potential demand worth billions of dollars.

Capital rotation effect: The decline in Bitcoin's dominance is often accompanied by the flow of funds into the altcoin market.

Regulatory breakthrough: If the XRP ETF is approved, the future launch of ETFs related to Solana, Cardano, and even DeFi tokens will be more likely.

Against this backdrop, the market performance of altcoins is expected to surpass Bitcoin and continue until 2025.

Pi Network's 'October Wildcard' Status

Unlike most altcoins that are already listed on exchanges, Pi Network still operates on a closed Mainnet and has not yet opened for public trading.

If the altcoin market starts in October, the open Mainnet of Pi Network may benefit from:

FOMO Effect: The bullish market atmosphere will amplify the market attention on Pi's debut.

Exchange Aggressiveness: In hot market conditions, mainstream platforms are more likely to strive to list Pi in order to capture trading volume and liquidity.

Narrative Boost: The story of "New coins debuting in the altcoin bull market" will become a driving force for the community.

Potential Price Scenario Analysis of Pi Coin

(Source: Trading View)

Analysts provide three scenarios for the price after the launch of the Pi Mainnet based on different market conditions:

Bullish Scenario: If combined with a strong exchange listing, community enthusiasm, and market capital inflow, Pi's debut price may reach 10–12 USD, being regarded as the "new Ethereum moment."

Neutral Scenario: If the adoption rate grows steadily but speculation is limited, the price may stabilize in the $2–10 range, becoming a representative of mid-tier alts.

Bearish Scenario: If there are delays in the launch or technical issues affecting confidence, the opening price may only be between $0.5 and $2, and it will rely on subsequent ecosystem development to increase value.

Risks and Opportunities Coexist

Although the market backdrop in October is potentially favorable for Pi Network, its ultimate performance still depends on:

1. Timing of Mainnet Launch and Technical Stability

2. Exchange Support and Liquidity Supply

3. Community participation and practical application implementation

The high volatility of the crypto market means that even with favorable catalysts, price trends may still experience sharp reversals. Investors need to be prepared to embrace both the opportunities for upward movement and the potential risks of a pullback.

Conclusion

October could become a historic month for the Crypto Assets market, as the XRP ETF ruling and capital rotation may ignite the alts market. For Pi Network, this might be the best opportunity to open its Mainnet and enter the global trading stage. However, what truly determines its success or failure will be execution and ecological landing, rather than simply market timing. For more real-time updates and market analysis on Pi Network, please follow the official Gate platform.