Pi Network Price Prediction: Can Mainnet Rollout and User Growth Drive a Breakout?

Pi Network Price Prediction: A Project at the Crossroads

As the cryptocurrency market continues to evolve, Pi Network (PI) has emerged as a focal point for traders and analysts, with its price movements and ecosystem developments sparking intense debate. With the token trading at $0.73 as of June 5, 2025, Pi Network’s future hinges on critical milestones, including its mainnet rollout, user adoption, and ecosystem growth.

Why Pi Network’s Mainnet Rollout Matters

Pi Network’s phased migration strategy has been a double-edged sword. While it aims to align token supply with organic demand, delays in migration and repeated KYC demands have eroded trust among users. The June unlock of 276 million PI tokens, valued at $176 million, poses near-term risks, with bearish sentiment dominating the market (60% negative, 30% neutral, 10% bullish).

However, rumors of Phase 2 migration and potential mainnet upgrades have fueled optimism. Blockchain researcher Ahmed Ishtiaque noted, “Pi’s architecture aligns well with decentralized economies powered by smartphones, a vision laid out years ago by Tsinghua University.” This alignment with academic foresight could bolster investor confidence in Pi Network’s long-term viability.

Technical Analysis: Key Levels to Watch

Pi Coin has seen a modest rally, climbing 45% from its May 17 low of $0.6595 to $0.732 as of May 19. Despite this momentum, the token faces stiff resistance at $0.75, with multiple failed attempts to break through the $0.752–$0.754 barrier. Analysts suggest that a bullish breakout above $0.754 could propel Pi Coin to $0.80 or even $0.90, while a failure to hold above $0.707 might drag the price back to the $0.685–$0.673 support zone.

Short-term indicators remain mixed. The RSI (30-minute) hovers at 47.8, just below the neutral 50 mark, while the MACD histogram remains flat, signaling a market in wait-and-see mode. However, the coin’s price has held above critical Fibonacci retracement levels at $0.721 and $0.707, suggesting a healthy correction rather than a full-scale trend reversal.

The Role of User Growth and Ecosystem Development

Pi Network’s user base has grown to over 60 million engaged users, according to internal estimates. The app’s simplified mobile mining process, rooted in social consensus rather than traditional proof-of-work, has attracted a global audience. Yet, concerns persist about the pace of development and transparency, with the mainnet still in a partially closed state.

Blockchain researcher Andy Pickering commented, “It’s either a slow burn or a stealth build-up to something bigger. The fundamentals are there, now it’s about execution.” This sentiment underscores the critical question: Can Pi’s grassroots adoption offset inflationary supply before Q3 unlocks?

Long-Term Price Predictions: Optimism vs. Skepticism

According to data from CoinCodex, Pi Coin is forecasted to climb to $0.937 by May 23, marking a near 24% gain from its current level. Longer-term projections are even more bullish, with some analysts predicting the token could reach $2.34 by June and as high as $4.44 by November 2029, assuming continued adoption and successful ecosystem development.

For 2025, expert forecasts put Pi’s average price at $2.04, with possible highs near $3.36 if momentum builds following a breakout and full mainnet launch. By 2026, the Pi Coin price could range between $1.16 and $4.5, depending on user growth and market conditions.

The Bigger Picture: Pi Network’s Vision

Pi Network’s alignment with Tsinghua University’s prophetic blockchain blueprint could prove transformative. With over 5.56 billion global smartphone users as of early 2025, the project’s focus on mobile mining, energy efficiency, and accessibility resonates strongly. While Pi Network may lack the meme appeal of assets like Pepe Coin, its emphasis on real-world usability positions it as a serious contender in the decentralized ecosystem.

As traders and investors watch the $0.754 resistance closely, Pi Network’s next moves could define its trajectory in the crypto market. Whether it’s a slow burn or a breakout moment, the project’s alignment with academic foresight and its growing user base suggest it’s a story worth following.