Pi Network, which is gaining attention for mining using smartphones. Many users are focusing on its future potential and value. This article provides detailed information on the latest updates regarding Pi Network and the future potential being discussed within the community.

Current Status and Concerns of the Pi Network Community

Within the Pi Network community, various opinions are being exchanged regarding the frequency of official announcements and future pricing. Concerns have been raised by some users, particularly due to the lack of a major announcement that was anticipated on “Pi Day” (March 14th, 3.14, named after the mathematical constant Pi). This day is an important anniversary for Pi Network, as the official launch took place on March 14, 2019.

However, the development of Pi Network is steadily progressing based on a solid plan, and it is considered important to focus on the long-term vision rather than being swayed by the presence or absence of short-term announcements.
(Many people were seen to have high expectations for the Pi Day announcement.)

The Essence and Purpose of Pi Coin

Many people consider Pi Coin merely an object for buying and selling on exchanges, but that is not all that Pi Network aims for. Pi Coin is thought to be primarily designed for the following uses:

• Utility token in decentralized applications (DApps)
• Means of payment for goods and services
• Function as a practical everyday currency

In other words, Pi Coin is not merely a cryptocurrency for speculative purposes; it is strongly positioned as a practical currency used in actual economic activities.

The total supply of Pi Coin is set at 100 billion coins, and regarding this relatively large supply, distribution plans and supply control to curb inflation risk are important challenges.

Pi Network’s 3-Phase Roadmap

The official Pi Network website features a “3-Phase Roadmap” indicating the project’s progress. It is divided into Phase I (Beta), Phase II (Testnet), and Phase III (Mainnet), with Phase III further split into “Enclosed Network” and “Open Network”.

These phases are implemented step by step, and the stability and functionality of the network are expected to improve at each stage. Users can refer to this roadmap to understand the project’s progress.

As of March 2025, Pi Network has entered the “Open Network” phase of Phase III. This means that the launch of the Open Network, which was planned for the end of 2024, was successful, and external connection restrictions have been lifted, allowing integration with other networks and wallets.

The condition for the Open Network launch was the migration of 1 billion Pi to the mainnet. As of 2024, approximately 410 million Pi had been migrated and approximately 280 million Pi were locked, totaling about 690 million Pi on the mainnet. However, subsequent migration progressed, and the Open Network was realized upon achieving the target of 1 billion Pi.

The Role of the Global Community

The cooperation of the community, consisting of users from around the world, is essential for the success of Pi Network. In particular, an organization called “Pi GC” (Global Community) is thought to play a crucial role in building the Pi Coin ecosystem.

As of October 2024, Pi Network has grown into a global community with over 45 million active users, and its size has further expanded in 2025.

What Pi Network aims for is not just a cryptocurrency, but the creation of a practical economic zone supported by a global community.

Within the community, there is also discussion about the idea that in the future, within the Pi ecosystem, only a portion of the coins held by users (e.g., 10 coins) might be usable for specific functions or transactions. This is also seen as a measure to ensure system stability and sustainability.

Views on the Value of Pi Coin

Regarding the future value of Pi Coin, various speculations are circulating within the community, but the official Pi Network team is said to have a policy of not making specific price predictions (such as $1, $10, $100, etc.).

This is a responsible stance, as it is difficult to predict a specific value because the value of cryptocurrency is determined by many factors such as market supply and demand, utility, and adoption rate.

Statements from the Founder of Pi Network

Nicholas Kokkalis, the founder of Pi Network, is reported to have made a statement in the past to the effect that “the price is not determined by me, but by the market.”

Furthermore, it is said that the goal of Pi Network is to achieve what over 25,000 existing cryptocurrencies have not been able to achieve. That is the creation of a decentralized digital currency that is easily accessible to everyone and can be used in actual economic activities.

Future Developments of Pi Network

The Pi Network team made a series of important announcements in the latter half of 2024, providing more detailed information about the project’s direction. These announcements have brought new perspectives to the community.

Pi Network’s distinctive approach is its focus on the use value in actual economic activities rather than focusing on the price on exchanges. This can be said to be an approach that sets it apart from many other cryptocurrency projects.

Summary: The Future Potential and Outlook of Pi Network

Pi Network is a project with a grand vision of creating a digital currency accessible to everyone. It continues to develop with the support of its global community, focusing on utility rather than value on exchanges.

Although there are concerns regarding the frequency of official announcements and specific pricing, it is important to understand the essence of the project and view it from a long-term perspective. The goal of “practical digital currency” that Pi Network aims for holds the potential to be an important step in the future of cryptocurrency.

By continuing to pay attention to announcements from the official team and actively participating as a member of the community, you will be able to maximize the potential of Pi Network. The journey of Pi Network has just begun.