How Much is Pi Network to Rupiah Today (April 17)?

Jakarta, Pintu News – The Pi Network (PI) price fell 1.1% today to $0.61, but the Pi community remains optimistic about the future direction of the coin.

A prominent figure from the community mentioned that the seemingly “slow” growth of Pi Network is actually part of the development team’s strategy.

Additionally, another expert recently revealed some of the main reasons behind Pi Coin’s price drop, as well as providing a prediction for when the price of this crypto could potentially start to recover.

Then, how much is the price of Pi Network in rupiah today? Check out the full review below.

Pi Network Price Drops 1.1% within 24 hours

On April 17, 2025, the price of Pi Network decreased by 1.1% and is now trading at around $0.6112. If converted to rupiah at the current value, which is $1 = IDR 16,831, the price of Pi Network to rupiah is around IDR 10,267.

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In the daily timeframe, the price moved between $0.594 to $0.6301, showing fairly limited volatility.

Despite the correction, PI’s market capitalization stands at a sizable $4.21 billion, with a fully diluted valuation of $6.48 billion. Meanwhile, trading volume in the last 24 hours reached over $195 million, reflecting continued active market activity.

The Reason Behind Pi Network’s Price Drop

The day before today, the price of Pi Coin had dropped by almost 8% and was at $0.62.

Regarding this latest drop, Pi Network enthusiast, Dr Altcoin, explained that the price fall was caused by a surge in the amount of Pi Coin being unlocked and sent to centralized exchanges (CEX), thus increasing the circulating supply and flooding the market with sellers.

The available supply of Pi Coin on CEX increased from 354 million to 368 million in just a few days, while the total circulating supply now stands at 6.88 billion coins. Dr. Altcoin predicts the Pi price could drop to around $0.3 or even lower in the next few months due to weak demand.

In addition, the latest price predictions suggest that Pi is likely to move around $0.63 throughout the month of April.

However, Dr. Altcoin also noted that a healthier rebound or recovery is expected from August 2025, as Pi Coin’s unlocking rate decreases.

Factors that could stabilize or push prices up include more KYB-approved CEX exchanges entering the restricted market, heavy buying from institutional investors to absorb excess supply, as well as major updates from Pi’s core team that could boost demand.

In addition, companies such as BANXA that buy Pi Coin directly from CEX are also considered to help push the price upwards.

Community Appreciates Pi Network’s “Slow” Growth

Despite Pi Coin’s recent price drop, Pi enthusiasts continue to show optimism. The Pi community is giving its full support to the slow but purposeful growth of the network.

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One Pi enthusiast and miner, Tanner, highlighted that the strategic approach was a deliberate move.

While some may consider this slow progression a weakness, Tanner argues that it shows Pi Network’s commitment to building a real economy, rather than simply chasing price spikes on charts.

With over 70 million users and 25 million of them having gone through the KYC (Know Your Customer) process, Pi Network is focused on developing a robust ecosystem. The project includes the creation of a mobile-based crypto layer, adoption of a modified SCP (Stellar Consensus Protocol) protocol, and a full KYC framework.

Pi Network’s phased rollout approach aims to prevent early market manipulation, stabilize liquidity, and align demand with real utility.

Tanner also emphasized that Pi’s focus on utility and real-world adoption sets it apart from many other crypto projects.

He mentioned that the Pi economy is already running with services such as the Pi Chain Mall, NFTs, and DeFi. This utility-first approach is expected to drive long-term growth.

In addition, the Pi community is encouraged to continue contributing by running nodes, building applications using the SDK, and inviting more merchants to join.

With risk-managed innovation and a focus on sustainable growth, Pi Network is setting itself up for long-term success.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Pi Community Highlights Pi Coin’s Slow Growth As ‘Strategic’ Accessed on April 17, 2025