Synopsis
The launch has sparked significant attention, causing Pi Coin’s price to fluctuate considerably. It has risen more than 35% in the past 24 hours, resulting in a total increase of 326% since its launch.
Pi Coin, the cryptocurrency developed by Pi Network, has recently transitioned to its open mainnet on February 20, 2025, enabling external transfers and exchange listings. This significant milestone has led to Pi Coin being listed on major crypto exchanges, including OKX, Bitget, and CoinDCX, facilitating increased accessibility for trading.
The launch has generated substantial interest, with Pi Coin’s price experiencing notable volatility. A surge of over 35% in the last 24 hours, bringing its total gains since launch to 326%, amid speculation about a potential Binance listing. But does this mark the beginning of a true crypto revolution, or is Pi Coin still a speculative asset?
Experts weigh in on Pi Coin’s future
Despite the growing enthusiasm, experts urge caution. Anish Jain, CEO and Founder of W Chain, describes Pi Coin as a “fascinating but very hypothetical prospect,” emphasizing that its success depends on the mainnet’s functionality and real-world adoption. He notes that while Pi’s mobile mining model makes crypto more accessible, it remains to be seen whether Pi can transition from a conceptual framework to a widely accepted digital asset.
Crypto Tracker
TOP COIN SETSWeb3 Tracker-6.74% BuyAI Tracker-12.09% BuyBTC 50 :: ETH 50-13.27% BuyCrypto Blue Chip – 5-13.42% BuyDeFi Tracker-14.42% BuyTOP COINS (₹) Tether87 (0.19%)BuyBNB53,690 (-1.26%)BuyBitcoin7,496,247 (-2.72%)BuyXRP192 (-3.52%)BuyEthereum204,979 (-4.56%)Buy
Comparing it to established cryptocurrencies, Jain highlights that Solana excels in scalability, Cardano in research-driven innovation, and Dogecoin in cultural momentum. In contrast, Pi Coin lacks a proven track record. “Pi has to live up to its promises of accessibility and utility if it is to compete, bridging the gap between vision and implementation,” he adds.
Did you Know?
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Sathvik Viswanathan, Co-founder and CEO at Unocoin, believes Pi Coin remains speculative due to its limited blockchain integration and evolving exchange presence. “Until Pi transitions to a fully decentralized and tradable state, its investment viability remains uncertain,” he says.
Viswanathan also warns of regulatory risks, stating, “Governments worldwide are tightening crypto regulations, and assets without clear compliance frameworks may face restrictions.” This adds another layer of uncertainty to Pi’s future.
Also Read: Bitcoin is a bubble and will blow up someday, says Jim Rogers
Can Pi Coin compete with established cryptos?
Thangapandi Durai, CEO at Koinpark, acknowledges Pi Coin’s massive community and unique mining model but cautions that its real market value is untested. Unlike Solana, Dogecoin, and Cardano, which have established liquidity and institutional backing, Pi Coin is still finding its place in the market. “Regulatory developments could play a crucial role in shaping Pi’s accessibility and adoption,” Durai notes.
Also Read: Robert Kiyosaki sees Bitcoin crash as a buying opportunity, calls it ‘Money with Integrity’
Hype vs. reality: What’s next for Pi Coin?
Pi Coin’s recent exchange listings have provided much-needed momentum, but its long-term success depends on continued adoption, regulatory clarity, and the full deployment of its mainnet. While some see Pi as a potential game-changer, others view it as an asset that has yet to prove its real-world value.
(Disclaimer: Recommendations, views, and opinions expressed by experts are their own and do not reflect the views of The Economic Times.)
