Pi Network Surpasses XRP In The Survey Of VISA Zypto Card Usage, Despite The Token Price Plummeting

In a surprising turn of events, Pi Network has surpassed many major names like XRP to take the leading position in an online survey conducted by Zypto, regarding the most commonly used cryptocurrency to top up Zypto VISA cards in the past week. The final results left many astonished: Pi Network topped the chart, closely followed by DASH, while USD1 – a relatively new cryptocurrency – took the third position. Most surprising was XRP, which fell to the last position with lower usage than usual. According to the organizers' sharing, DASH frequently tops the rankings in previous weeks, however this time Pi Network has taken the lead. XRP, which is one of the popular cryptocurrencies in the market, has recorded a significant decline in usage among the Zypto card user community. Pi Network Price Plummets Amid Market Sell-off Interestingly, the success in the actual usage level of the Pi Network is occurring amidst a sharp decline in the price of the Pi coin. As of May 31, 2025, the price of the Pi token has dropped by 22% in just one week, now standing at only 0.65 USD. The main reason is attributed to a large-scale sell-off across the cryptocurrency market, causing over 170 billion USD in market capitalization to be "erased" in just a few days. Many analysts have expressed concerns about the prospects of Pi Network in the near future. Factors such as the lack of significant updates from the development team, along with Pi Network still not being listed on major exchanges, have resulted in low liquidity and hindered interest from institutional investors. Future Price of Pi Network: Recovery or Continued Decline? According to analysts' assessments, if the selling pressure continues, the price of Pi may break through the current support level of 0.55 USD and drop to the historical low of 0.40 USD. Although there is still a possibility of recovering to 0.86 USD if strong buying power appears, this scenario is currently assessed as unlikely in the current downtrend. The Gap Between Utility and Market Value Despite facing many difficulties regarding price, Pi Network still makes its mark thanks to its presence in practical applications such as payments through the VISA Zypto card. This proves that the project still receives support from the general users. However, the growing gap between utility in life and market value raises significant questions about investors' trust and patience towards the project in the long term. Conclusion Pi Network is currently in a challenging phase. Although it has made progress in expanding practical applications, the project still needs to demonstrate its potential for sustainable development by improving liquidity, increasing transparency, and creating positive incentives for the investment community. Otherwise, success in practical usage may not be enough to salvage the declining value of the token.