Pi Network Mainnet Progress And Future Development Challenges

User Migration and Mainnet Launch

As of early 2025, Pi Network has over 12 million users who have completed the Mainnet migration and has entered the open Mainnet phase. This milestone demonstrates strong community support and ecological growth potential, providing a solid foundation for subsequent applications and transactions.

Inflation risks and market performance

Although the number of users continues to increase, the value of Pi tokens in the market is under pressure, indicating that the rapid release of token supply and intense market competition pose inflation risks.

Technical upgrade and ecological expansion

Pi Network has launched several technological improvements, such as Protocol 23 introducing Linux nodes and decentralized KYC, and developing the PiOnline ecosystem, which includes games and DeFi applications, aimed at enhancing user experience and attracting more developers.

Competition and Business Model Challenges

Faced with competition from low-fee cross-border payment solutions such as Remittix, Pi Network needs to establish unique use cases and effective business strategies to maintain its edge and attractiveness in diverse markets.

The key to future development

To achieve the $1 target, Pi Network must effectively control the pace of token supply, enhance the richness of practical application scenarios, strengthen market liquidity, and continuously consolidate its user base and ecosystem partnerships.

Summary

The Pi Network demonstrates a solid community foundation and technological potential for steady growth, but breaking through market limitations and establishing a sustainable value ecosystem remain the focal challenges for the future.