Pi Network Price in India Launch Date: A Web3 Innovator’s Landmark Achievement

2025-07-07, 09:52

On February 20, 2025, Pi Network officially launched its mainnet and listed on Indian exchanges, marking the transition of this blockchain project with 70 million global users from mobile mining experiments to real financial scenarios. The project was founded by a team of Stanford PhDs in 2019, and its core innovation lies in the low-energy consumption mining mechanism through mobile devices, significantly lowering the threshold for user participation in cryptocurrency - users only need to click the app button daily to accumulate Pi tokens. This “social mining” model combines the energy efficiency advantages of the Stellar Consensus Protocol (SCP) and aims to build a decentralized and sustainable. Web3 Ecosystem. Despite undergoing years of testing on testnets and closed mainnet phases, the launch of the open mainnet has finally allowed Indian users to transfer their mined tokens to exchanges, initiating a real trading experience.

According to data from major trading platforms in India, the price of Pi Network on its first day of listing showed significant fluctuations. The initial trading price was around 55 Indian Rupees (approximately 0.64 USD), with an intraday high of 0.68 USD (about 56 Rupees) and a low dipping to 52 Rupees (approximately 0.60 USD), ultimately closing in the range of 54.9 - 55 Rupees. However, there were slight differences across platforms: CoinGecko recorded an average price of 39.06 Rupees for the day, while Coincodex showed it as 38.97 Rupees. This price discrepancy is attributed to insufficient liquidity on early exchanges and incomplete arbitrage mechanisms between platforms.

It is worth noting that the price of PI plummeted by 62.63% within 24 hours of its listing, quickly falling from a peak of $1.97 (approximately 160 rupees) to $0.737 (approximately 60 rupees). The main cause was the large-scale cashing out by early miners and the absence of trading pairs on mainstream exchanges. The trading volume on the first day reached 55 million rupees, reflecting a coexistence of high market attention and speculative sentiment.

Token Price Prediction: Opportunities Amid Divergence

Based on current data and market dynamics, analysts present polarized views on the future value of Pi:

  • Short-term outlook for 2025: Conservative predictions (such as CoinCodex) suggest the price will remain in the range of 37 - 51 rupees (0.44 - 0.65 USD), while optimistic models (like Flitpay) indicate that if the mainnet ecosystem explodes, it could hit 584 rupees (6.70 USD). Neutral institutions predict the average price will settle around 200 rupees (2.30 USD) within the year.
  • Medium to long-term trajectory: The years 2026 - 2030 will be a critical window. If successful in landing on more mainstream trading platforms beyond Gate, the price could surge over 40% in the initial listing phase, challenging 3 - 10 USD (approximately 246 - 820 rupees) in the short term. Predictions for 2030 further diverge: a cautious estimate is 0.82 USD (Binance model), while an aggressive forecast looks bullish at 5907 rupees (70.9 USD), with differences arising from assumptions regarding the scale of actual applications.

It is important to be vigilant, as the technical indicators currently show a 100% bearish sentiment (32 indicators all suggest selling), and the RSI is in the neutral range (33.75), indicating that the market is still searching for bottom support.

Future Outlook: Practicality and Open Ecosystem Determine Success or Failure

The long-term value of Pi Network will depend on three core breakthroughs:

  1. Implementation of Ecological Applications: Currently, Pi’s consumption scenarios are limited to small merchant pilot programs (such as T-shirt and coffee exchanges), lacking a dApp ecosystem like Ethereum. The team needs to accelerate the integration of its AI-driven no-code application studio (which has incubated nearly 8,000 applications) with the real economy.
  2. Listing on Mainstream Exchanges: Beyond the Gate platform, endorsements from more compliant trading platforms will address liquidity bottlenecks. The current user complaints about withdrawal difficulties and abnormal inter-exchange transfers must be resolved to build trust.
  3. Decentralized Governance: The project has long been criticized as a “centralized company,” with the core team controlling all mainnet nodes and a majority of tokens. Transitioning to a community-driven transparent mechanism (such as open-source code and token economy disclosure) is key to maintaining the spirit of Web3.

If the above challenges can be overcome, combined with the continuous growth of emerging markets like India (110,000 new users per day), Pi is expected to transform from a “mobile mining experiment” into a true payment and value network.

The Indian debut of Pi Network reveals the real challenges of Web3 innovation: the early enthusiasm needs to be transformed into sustainable value, and there are still three hurdles to overcome in ecological construction, liquidity improvement, and community governance. For investors, maintaining strategic patience amid fluctuations may be the only way to witness the true rise of a democratized cryptocurrency.


Author: Blog Team
*The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions.
*Please note that Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.com/legal/user-agreement.
แชร์
gate logo
Gate
เทรดเลย
เข้าร่วม Gate เพื่อรับรางวัล