As of October 31, 2025, Pi Network (PI) is trading on Gate within the range of $0.2325 to $0.2646, showing slight fluctuations over the past 24 hours. Ranked globally between 63rd and 68th among cryptocurrencies, Pi Coin currently has a market capitalization of approximately $2.116 billion to $3.308 billion, with a circulating supply of 1.275 billion PI—just 12.75% of the total supply of 100 billion.
1 Latest Pi Coin Price and Market Performance
According to data from ADVFN and CoinMarketCap, as of October 31, Pi Coin’s market performance is as follows:
- Current price: $0.2325 - $0.2646
- 24-hour change: -0.98% to +4.38%
- 7-day price range: $0.1939 - $0.2938
- 52-week price range: $0.000672 - $0.7978, indicating significant long-term volatility
In terms of trading volume, Pi Network’s 24-hour turnover is approximately $12,641 to $54,338, with most trading activity concentrated on exchanges like OKX, Gate, and DigiFinex. Gate accounts for 25.36% to 26.95% of total trading volume, making it one of the key platforms for PI trading.
2 Technical Analysis: Insights Into Future Trends
From a technical analysis perspective, Pi Coin is currently at a pivotal point.
2.1 Resistance and Support Levels
- Immediate resistance: The $0.28 level forms strong resistance, with prices repeatedly retreating after testing this area recently.
- Major support: Initial support has formed near $0.35; if breached, prices could test the $0.30 - $0.32 zone.
2.2 Technical Indicator Signals
Multiple technical indicators are sending mixed signals:
- Moving averages: The price is currently above the MA-20 ($0.2132), but below the MA-50 ($0.2658) and MA-200 ($0.474), suggesting short-term resilience but ongoing medium- to long-term pressure.
- RSI and MACD: Certain timeframes indicate Pi Coin is in overbought territory, increasing the likelihood of a short-term pullback.
Analyst Marzell notes that while Pi Network’s price has rebounded 87% from its yearly low, the classic "buy the rumor, sell the news" scenario is unfolding. After the announcement of a federal rate cut, profit-taking could lead to a short-term correction.
3 Ecosystem Development Driving Value
Despite short-term price volatility, the Pi Network ecosystem has recently achieved several substantive milestones that could impact its long-term value.
3.1 Strategic Investments and Partnerships
Pi Network Ventures has completed its first investment in OpenMind, a company focused on developing open-source operating systems and protocols for robotics and artificial intelligence.
This partnership will leverage Pi Nodes’ global network to support decentralized AI computation, with over 350,000 active Pi nodes participating in proof-of-concept tests for AI image recognition models.
3.2 Protocol Upgrades and Mainnet Preparation
Pi Network is actively advancing the deployment of Protocol version 23 on its mainnet. This upgrade aims to enhance smart contract functionality, scalability, and regulatory compliance readiness. The testnet has already launched new features such as decentralized exchanges (DEX), automated market maker (AMM) liquidity pools, and token creation tools.
3.3 KYC Progress and Mainnet Migration
The project has made significant progress in KYC (Know Your Customer) verification.
According to official announcements, the newly implemented automated KYC process has verified over 3.36 million Pioneer accounts, with approximately 2.69 million accounts migrated to the Pi mainnet blockchain. Another 4.76 million accounts are eligible for verification in the near future.
3.4 Financial System Integration
There are strong indications that Pi Network has joined the ISO 20022 standard organization, aligning itself with global financial standards such as Ripple (XRP) and Stellar (XLM).
This integration will enhance Pi Network’s ability to communicate with banking and fintech systems, enabling more seamless interaction with global financial frameworks.
4 Potential Risks Not to Overlook
Investors considering Pi Coin should also be aware of the following risk factors:
4.1 Token Unlock Pressure
According to Pi Network’s tokenomics model, the maximum supply is 100 billion PI.
Over the next 12 months, 1.27 billion tokens are set to unlock, with 121 million tokens expected to be unlocked in the next 30 days. This additional supply could exert downward pressure on prices.
4.2 Network Decentralization Concerns
Blockchain tracking platform PiScan reports that Vietnam currently hosts 163 Pi Network nodes, accounting for nearly 49% of the global total of 334 processing points.
This geographic concentration raises concerns about the distribution of network control. Additionally, the only two global transaction validators are managed by the development team, calling the network’s level of decentralization into question.
4.3 Market Sentiment and Liquidity
Despite positive ecosystem developments, "market sentiment volatility" continues to affect Pi Coin’s short-term performance.
The overall crypto market has seen considerable fluctuations recently, and as an emerging project, PI is more susceptible to sentiment shifts. While trading volume is decent, it’s not substantial; a drop in interest could lead to liquidity risks.
5 Pi Coin Price Forecast
Based on consensus among market analysts, Pi Coin may face several possible scenarios in the future:
- Bullish scenario: If Pi Network achieves its roadmap milestones, attracts more real-world applications, and improves token economics, the price could break above $0.65. This would require robust adoption, listings on major exchanges, and fully operational utility features.
- Neutral scenario: Price may fluctuate within the $0.40 - $0.45 range, supported by some positive project updates and improved trading volume.
- Bearish scenario: If support near $0.35 fails and overall market sentiment remains pessimistic, prices could retreat to the $0.30 - $0.32 zone.
6 Key Considerations for Trading Pi on Gate
For investors trading Pi Coin on Gate, the following tips may be helpful:
- Closely monitor on-chain data: Data shows nearly 10 million Pi tokens were withdrawn from exchanges in October, which typically signals increased long-term holding intent and may ease selling pressure.
- Set reasonable stop-losses: Given market volatility, placing stop-loss orders near support levels can be an effective risk management strategy.
- Long-term perspective: Pi Network is building a blockchain ecosystem aimed at bridging regulatory acceptance and technological advancement. If the project delivers on its promise of creating real utility value, its long-term potential could be worth watching.
