Pi Network is attracting attention as a cryptocurrency that can be easily mined on everyday devices such as mobile phones and computers. In particular, it is noted for providing a user-friendly environment and lowering the barrier to entry for a wide range of people into cryptocurrencies. Furthermore, the fact that the operating members include graduates from Stanford University has also become a topic of discussion, adding to its academic credibility.
Donald Trump’s Executive Order and Pi Network: The Background of the Rumors
In recent years, various laws and executive orders regarding cryptocurrency regulation have been debated in the United States. While speculation spread in some circles that “the transition of Pi Network to Open Network will be affected by US policy, particularly executive orders,” the official launch of the Open Network on February 20, 2025, has made the truth of these rumors unclear. Nevertheless, the impact of US policy trends on the spread of cryptocurrencies is noteworthy.
The Impact of Executive Orders on Cryptocurrencies
The cryptocurrency world is greatly influenced by changes in presidents and administration policies. For example, when the head of the Securities and Exchange Commission (SEC) changes, the policy on how tokens are treated can change. The Pi Network side also believes that if the US government promotes flexible and clear legal frameworks for cryptocurrencies, it could accelerate the global adoption of the network.
Pi Network and Stellar: The Relationship of Technical Foundations
Pi Network is said to have many common points with the Stellar network. Stellar is a cryptocurrency platform known for fast transactions and low costs, and its application as an enterprise solution has advanced through collaborations with companies like IBM. Pi Network adopts Stellar’s Consensus Protocol (SCP), enabling an approach where individual users can operate nodes on mobile devices and computers.
Specifically, a major feature is the ability to verify transactions through individual devices, leveraging the concept of Federated Byzantine Agreement (FBA) adopted by Stellar. This eliminates the need for special mining equipment, creating an environment where more users can easily participate.
Differences from Stellar and the Spread of Pi Network
While Stellar focuses on enterprise use cases, Pi Network prioritizes widespread adoption among general users and aims for community-driven growth. The intersection of these two models is expected to lead to the global spread of digital currency.
US Policy and Cryptocurrencies: Expectations for Pi Network
In the United States, there is a history of various authorities, including the SEC, pursuing cryptocurrency-related lawsuits and strengthening regulations. At one point, many cryptocurrency companies were fined huge amounts, creating uncertainty in the industry. However, with new leadership, proponents of cryptocurrency may emerge, and fair and transparent rule-making could progress. Pi Network has the potential to accelerate its global expansion if US policy moves in a favorable direction for cryptocurrencies.
Transition to Open Network and Market Impact
Pi Network’s Open Network began external connections on February 20, 2025, making it available for use as a currency on a global scale. If US policy leans towards actively supporting cryptocurrencies, attention will quickly gather on Pi Network’s value and achievements. On the other hand, if legal frameworks are delayed or regulations are excessively strengthened, widespread adoption may not proceed as planned, raising concerns about a decrease in expectations.
The Future of Pi Network: The Challenge of a Global Currency
Pi Network is also said to have a vision of aiming for a “common currency for humanity” and is trying to form a community by involving many users. While the ecosystem becomes stronger as the number of users increases, what kind of use cases are established during the transition to the open network is a crucial key. If listing on major exchanges like OKX and Bitget is realized and collaborations with companies around the world progress, its practicality and credibility will further increase.
The Future of the Cryptocurrency Industry and Contribution to Society
The total market capitalization of the cryptocurrency market sometimes fluctuates significantly, but further expansion can be expected if technological innovation and social needs match. If currencies like Pi Network, which reduce the environmental burden of mining and the cost of introducing large-scale equipment, increase, the decentralized economic zone where more people participate may expand.
Furthermore, the movement to explore the ideal form of a global currency suitable for the digital age has significant benefits for governments, companies, and the general public alike. In particular, if faster international remittances and reduced fees are realized, it will contribute to improving the efficiency of economic activities and promoting financial inclusion. Whether Pi Network can realize these visions and be accepted globally is one of the highlights of the future cryptocurrency market.
Summary: Attention on the Future of Pi Network and Cryptocurrencies
Pi Network is building an environment where a wider range of users can participate, based on Stellar’s technology. As a US-based project, the trend of the US government’s cryptocurrency policy is seen as significantly related to the progress of the Open Network. If the cryptocurrency industry is positively supported by executive orders or changes in SEC policy, there is a strong possibility that Pi Network will grow as a global currency.
However, to establish a solid position in the cryptocurrency market, it is necessary to clear multifaceted challenges such as legal frameworks, security, and usability. While Pi Network has the support of many participants, the Open Network began on February 20, 2025, and the concretization of use cases is in progress. Further developments are expected in the future. It is important to have the insight and action to adapt to the changes of the times.