Pi KursPI

$PI up up

Pi Network is a mobile-first cryptocurrency project designed to allow everyday users to “mine” coins using just their smartphones — without expensive hardware or heavy energy use. On 20 February 2025, Pi officially launched its Open Mainnet — meaning the network moved from testing to live status.

$PI  PI Market Update (1H View) PI has been moving in a tight range, holding around the 0.23 zone after dipping toward 0.220. Price is staying close to the short EMAs, showing a slow recovery attempt. What I’m noticing: Small push from the lower area, but momentum still weak. Indicators like RSI and MACD

The Pi Network has opened December with a stunning statistical anomaly: the base mining rate has recorded its sharpest jump in nearly two years. The base mining rate reached 0.0031296 π/hour, an increase of 13.59% from the previous month. Paradoxically, this surge in rewards for active miners is not a sign of bullish growth, but a direct consequence of the token’s brutal price collapse, which has triggered a mass exodus of casual miners who have simply given up on the project. I. The Mining Paradox: Trading Effort for Near-Zero Value The core reason for the soaring mining rate is the network's internal dynamics responding to external price weakness. The mining rate increases for active users when overall network participation declines: Miners Give Up: With the price trading near $0.23 a fall of over 90% from its high the incentive to mine has evaporated. It now takes roughly 13.3 days for a pioneer to mine a single Pi coin. For many, earning only $0.23 for nearly two weeks of effort is no longer appealing, and analysts note it is simply "easy and cheap" to buy Pi rather than mine it. Dilution Reversal: The continuous two-year decline in mining speed (due to a constantly growing user base diluting rewards) has been reversed by the sheer number of miners pausing their activity. This reduced competition automatically boosts the rewards for the core group of users who remain active. II. The Structural Commitment: Node Surge Signals Long-Term Bet While casual miners are walking away, a core group of committed investors is quietly doubling down on the network's future, indicating long-term faith in the project’s structure: Tenfold Node Growth: The most bullish signal is the growth in network infrastructure. The number of active Mainnet Nodes has surged tenfold in 2025, climbing from 23 in March to 296 by December. Long-Term Health: This surge in node operation predominantly located in high-commitment regions like South Korea, Vietnam, and the US shows that a sophisticated subset of the community is willing to take on a larger, more involved role in the network. This commitment to maintaining network security and decentralization signals measurable structural progress for the project, regardless of the current price volatility. III. Final Outlook: Difficult Path to Recovery The December mining rate surge is a clear indicator of low miner confidence caused by the price crash. While the growth in mainnet nodes offers a strong signal of long-term structural commitment, the short-term path to recovery will be extremely difficult. The price has fallen more than 90%, meaning any return to previous highs requires a massive injection of capital or a new, successful utility launch to re-incentivize the network and reverse the overwhelming bearish sentiment. ⚠️ Important Disclaimer This analysis is for informational and educational purposes only and is based on technical analysis and market data. It is not financial advice, nor should it be construed as a recommendation to buy, sell, or hold any security or cryptocurrency. The cryptocurrency market is highly speculative, volatile, and subject to external factors. Readers must conduct their own comprehensive research (DYOR) and consult with a qualified financial advisor before making any investment decisions.