Pi Network Disappoints At Consensus 2025, Pi Coin to Crash?

Highlights

Pi Network founder fails to appeal Pi community with his future plans about the project at Consensus 2025.
Despite the broad vision to use AI, he failed to shared the roadmap and timeline of implementation.
Dr. Altcoin predicts Pi Coin crash to $0.4 in absence of major event like Binance listing.

At the Consensus 2025 event on Friday, Pi Network founder and CTO Dr. Nicholas Kokkalis delivered a keynote on leveraging AI and blockchain infrastructure to drive mainstream adoption. Despite this, Pi Coin’s price plummeted 20% within 24 hours, signaling growing disappointment within the Pi community.

Now, analysts are predicting that the altcoin could slide further, potentially revisiting its April lows of $0.40. The drastic fall is raising concerns among the investors, with some even asking, ‘Is Pi Coin dead?’. The community is alleging that the core team is sidelining them, while the $100 million venture fund is failing to revive any interest.

Pi Coin Price Crash to $0.4 Coming Soon

Pi Coin price has come crashing down another 19% to under $0.71, now losing more than 50% from the May peak of $1.5. Additionally, the daily trading volume has surged 30% to $552 million, showing strong selling pressure. Dr. Altcoin noted that in the absence of any major announcement like a Binance listing, the altcoin can once again visit its April lows of $0.4.

Today’s Pi crash comes amid massive despoits happening on crypto exchange OKX. As per the on-chain data, nearly 1.2 million Pi cryptocurrency has been deposited into the exchange.

Pi Network Plans Face Criticism

Earlier this week, Pi Core team announced Pi Network Ventures, a $100 million VC fund initiative to build Dapps on the platform. However, the Pi community showered major criticism on knowing that the adoption of the platform is nowhere close to what was hyped by the Pi Core team. This means that the network would just start from scratch and would have nothing much to attract DApp builders to the platform.

At the Consensus 2025, Dr. Nicholas Kokkalis spoke of further plans for a global adoption of the network as well as the native Pi Coin. He spoke on three different verticals:

AI and Blockchain Synergy: Dr. Kokkalis stressed the combined power of AI and blockchain in enabling practical, real-world applications, offering solutions that bridge technical innovations with everyday use.
Global Solutions in DeFi and Digital ID: Pi Network is preparing decentralized finance (DeFi) and digital identity systems for worldwide adoption, aiming to create accessible tools that meet global needs.
Decentralization Milestone: The transition to a fully decentralized ecosystem has been achieved, with Pi platform disabling its central node to ensure greater network autonomy.

Dr. Kokkalis also highlighted upcoming use cases for Pi cryptocurrency in key industries, including e-commerce, education, and healthcare.

However, the community feels that these are Dr. Kokkalis failed to give a timeline for the above roadmap. Furthermore, with a continuous delay in the Open mainnet launch, the community is losing trust in the Pi Core team.

Dr. Atlcoin Talks About the Future of Pi

Dr. Altcoin, a popular voice within the Pi community, has shared his expectations about the future of Pi. Below is what he expects to revive the project:

Pi Network Ventures should be established within 6-12 months with a fully functional team.
Selection and vetting of quality projects and DApp builders in the next 6-12 months.
Disbursing funds to developers and startups in 3-6 months.
Building high-quality, standard-compliant DApps within the next 1-2 years.
A major exchange listing would be a bonus, helping Pi Coin price surge ahead.

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Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets.   He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

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