#PI#

Pi Network (PI) — is the project alive and is there a chance for growth?

1. Mainnet status
The open mainnet was launched on February 20, 2025 — after 6 years of waiting. The team promises improvements and a "full" launch of the ecosystem by the end of summer.
There is technical progress, but deadlines have constantly shifted → trust in the team has been undermined

2. Fresh Announcement
A post from July 9 confirmed the "final release" of the mainnet in July 2025 ( likely referring to the removal of remaining restrictions and the opening of bridges ).
Positive - but the market is already "used" to delays, so reactions are muted.

3. Ecosystem Updates
At Pi2Day (, on June 28, ), 7 new tools were introduced: staking, KYC upgrade, Pi SDK, etc.
It provides a foundation, but there are currently few dApps with real traffic.

4. Exchange Listings
There are still no listings; only IOU contracts are traded on small platforms. Analysts link the lack of listing to opaque tokenomics and KYC risks.
Without T1 exchanges, liquidity remains low → it is difficult for large investors to enter.

5. Tokenomics / unlock
On July 4, a 30-day unlock of ~305 million PI ( +15% to circulation ) has begun.
Additional pressure on the price if demand does not increase synchronously.

6. IOU Price
$0.45 (-4 % for 24 hours; –1 % for the week), volume ~$1.3 million
The sidekick after a 73% drop in spring; weak reaction to news

7. Social sentiment
Reddit threads are overflowing with questions about KYC, migration, and listings; many "pioneers" are tired of waiting.
The community remains large, but enthusiasm has clearly decreased.

Technical picture (IOU-quotation)
The range $0.40–0.55 serves as a "box" since March.
Below $0.38 — risk of accelerating to $0.25.
A breakthrough of $0.55 with volume will open the way to $0.80, but a driver is needed (listing, dApp hype).

Main thing: "faith" - what does it rely on?
The "pioneers" army (≈55 million accounts) is still waiting for the monetization of accumulated PI.
The technical release is indeed close — the team is publishing the code and reports, and the SDK is already being tested.

However, until then:
Pi will not appear on major exchanges,
there will be no clear model of circulation within dApps,
and the mechanism for withdrawing "real" PI ( instead of IOU) will not be clarified,
institutional and market trust will remain limited.