Pi Network Holds at $0.34 Today — Can Pi Coin Still Climb?

Jakarta, Pintu News – The Pi test network (testnet), once active with dozens of transactions in each block, is now almost defunct.

A viral post on X revealed that Pi users were frustrated that the Pi developers and pioneers still didn’t seem to understand the problems with the mainnet.

Then, how is Pi Network’s current price movement?

Pi Network Price Drops 0.6% within 24 Hours

On September 9, 2025, the price of Pi Network was recorded at $0.3432, a decrease of 0.6%. If converted into today’s rupiah ($1 = IDR 16,447), then 1 Pi Network is IDR 5,644.

Throughout the period, the PI price moved within a range of $0.3416 to $0.3488, showing relatively low volatility.

Read also: Pi Network Moderators Uncover Wallet Involved in Ongoing Token Thefts

Currently, Pi Network’s market capitalization stands at around $2.76 billion, while its fully diluted valuation (FDV) stands at $4.25 billion. In the last 24 hours, trading volume was recorded at $30.7 million, reflecting the still quite active market interest in this asset.

Pi’s Testnet and Mainnet in Dilemma

A Pi user on Twitter named Dr. Pi revealed data that both the Pi Network’s testnet and mainnet are now showing almost no activity. On the mainnet, most activity is limited to the user migration process, while trading volumes on the exchange continue to decline.

As of September 8, Pi’s trading volume had also dropped to around $23 million, signaling waning interest and weak liquidity.

Dr. Pi also reiterated that Pi users were frustrated by the continuing uncertainty, compliance issues, and lack of a clear future plan.

He said, “The Pi community is very disappointed. Why? Because ecosystem developers never know when their projects can actually connect to the mainnet-they’ve been waiting since 2021.”

Furthermore, he mentioned that the absence of a migration strategy or roadmap in place made investors lose hope in Pi, leading to its continued decline.

Read also: Ethereum Stuck at $4,300 Today — Messari Analyst Claims ETH Is Dying

Can Pi Rise?

Pi started September with a trading volume of over $72 million, but has now more than halved, despite its trading price remaining relatively stable.

Currently, Pi is trading at $0.3485, which is very close to its all-time record low. Although prices continue to fall and confidence is declining, some analysts still have a positive outlook on Pi’s future.

But with the decline continuing, some experts fear that Pi could fall to its lowest point of $0.33 at any time. The only way to avoid this negative prediction is to push the price up to $0.360. Unfortunately, experts rate that possibility as very unlikely for now.

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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:

• Coinpedia. Is Pi Network Dying? Testnet Stalls While Price Nears All-Time Low. Accessed on September 9, 2025