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Is Pi Coin Still Worth Buying? Expert Defends Pi Network’s Slow Progress

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Top Pi expert Dr. Altcoin highlights that Pi Network’s slow growth can be attributed to its unexpected surge upon entering the open market. 

Expert Explains Why Pi Network Outgrew Its Original Limits

Pi Expert Dr. Altcoin recently shared why, despite earlier doubts, he remains convinced Pi Network is not a scam. In his post, he explained that the team’s decision to delay the Open Mainnet launch past December 2024 almost led him to call out the project. 

After surveying nearly 5,900 community members, he decided to wait, as 52% of them supported the legitimacy of Pi Network. This confidence grew when Pi Network was listed on major exchanges in February 2025.

Although the project’s communication has sometimes been slow, Dr. Altcoin points out that its rapid growth from a few million early users to over 65 million pioneers in more than 200 regions has pushed the infrastructure beyond its original plans. “It remains a huge, ongoing buildout,” he noted.

The crypto expert further highlighted that Pioneers should celebrate the network’s growth.

As we continue to wait for our full rewards from the project, let us not forget to celebrate the milestones Pi Network has already achieved.

Pi Network Milestones Strengthen the Bull Case

Recent upgrades and partnerships underline Pi Network’s growth:

  • Node upgrade: As previously reported by CoinGape, Pi tech lead Nicolas Kokkalis has released a new version of Pi Node, v0.5.3. This update improves the functionality of the blockchain explorer and simplifies the process of setting up a node. It also introduces a feature that enables automatic updates, which will be rolled out gradually.
  • Banxa integration: An essential step towards everyday usability is the addition of Banxa as an on/off-ramp partner, which enables users to buy and sell Pi directly using cards and wallets such as Apple Pay and Google Pay.
  • Exchange listings: In addition to its listings on major exchanges like OKX, Bitget, and MEXC, Pi Coin has gone live on Swapfone, a regulated U.S. mobile-first exchange. These listings open up Pi Network to wider market participation.

Pi Network Maintains Development Amid Community Pressure

The Pi Network team has continued its development as its mainnet migration continues. The platform reminded users to complete step three of the Mainnet checklist: enabling two-factor authentication in the Pi Wallet. This security requirement is vital for transferring tokens from the testnet to the mainnet. Many also believe it hints at upcoming significant changes to the ecosystem.

Meanwhile, the Pi coin price movement has been stagnant, trading between the $0.43 and $0.45 mark. However, Expert trader BOSSMD recently noted that Pi Coin broke above a descending trendline, testing resistance near $0.465 before consolidating around $0.445–$0.450. “A steady hold above support could trigger a retest of $0.465,” he noted.

Source: X
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Michael Adeleke

Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.

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