Is Pi Network Dying? Testnet Stalls While Price Nears All-Time Low

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The Pi testnet, which was once active with dozens of transactions per block, is now nearly unused. A viral post on X revealed that Pi users are showing their disappointment because Pi developers and pioneers still don’t seem to know the issues around the mainnet. 

Pi Testnet and Mainnet in a Dilemma 

A Pi user on Twitter, Dr Pi, revealed data that Pi Network’s testnet and mainnet are both showing nearly zero usage. On the mainnet, most of the activity is limited to user migration, while the exchange trading volume is steadily dropping. In the last 24 hours, Pi’s trading volume has also fallen to around $23 million, signaling fading interest and weak liquidity. 

Dr Pi also reiterates that Pi users are frustrated because of long lingering uncertainty, compliance issues, and no future plan. The analyst says, “The Pi community is extremely disappointed. Why? Because ecosystem developers never know when their projects can actually connect to the...

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