Pi Network price holds steady at $0.40, Mainnet upgrade and Whale accumulation become key.

As of August 2025, the price of Pi Network (PI) remains stable above $0.40, driven by whales accumulating about 4.5% of the circulating supply, along with the ongoing advancement of the Mainnet upgrade. However, the delay in exchange listings and the issue of governance centralization remain core risks of concern for investors. Analysts point out that the recovery of the PI price is closely related to the progress of the Mainnet, improvements in liquidity, and the practical application of its functionality.

Whale accumulation and Mainnet upgrade support price

Recent data shows that large holders (Whales) have accumulated about 4.5% of the PI circulating supply, providing bottom support for the price. At the same time, the Pi Network team continues to advance the Mainnet upgrade, focusing on node stability and dApp ecosystem development.

The new collaboration with Onramp Money, Transfi, and Banxa simplifies the token purchase process through KYB verification, demonstrating that the officials are working to enhance the accessibility of the ecosystem.

latency and governance risk of the exchange listing

Despite continuous technological advancements, PI has yet to be officially listed on mainstream exchanges, limiting liquidity and trader participation. This situation is similar to the early liquidity challenges faced by the SUI token.

In addition, the governance model remains highly centralized, which creates a gap with the open governance model of decentralized crypto projects, potentially affecting the confidence of institutional investors.

Historical Insights and Market Comparison

Historically, several layer 1 blockchains (such as Solana) have experienced price rebounds after their Mainnet launch. However, the Pi Network has not yet demonstrated clear utility and practical applications, and the market remains skeptical about its ability to replicate similar trends.

Crypto Market Insights analysts point out that the Mainnet upgrade could serve as a catalyst for price recovery, but the listing progress and governance reform will be key variables.

Technical Analysis and Short-term Forecast

As of August 11, PI is reported at 0.413 USD, down more than 4% from the resistance level of 0.46 USD.

Daily Chart: PI is in a long-term downtrend, with $0.46 being the supply zone and the convergence of the daily EMA cluster, forming strong resistance. OBV (On-Balance Volume) is near a multi-month low, indicating that accumulation remains weak.

4-Hour Chart: The price briefly surpassed the 20-day moving average ($0.391) and the 50-day moving average ($0.384), but faced resistance and fell back at the 200-day moving average ($0.4287). Currently, the middle band of the Bollinger Bands ($0.4402) serves as the immediate resistance level.

In the short term, if it can break through the 0.44-0.46 dollar range, PI is expected to challenge 0.50 dollars; on the contrary, if it falls below 0.39 dollars, it may retest the 0.35 dollar support.

Conclusion

The price stability of Pi Network is currently closely related to whale accumulation and the progress of the Mainnet upgrade, but insufficient liquidity and governance centralization remain significant challenges. In the coming months, the full launch of the Mainnet, exchange listings, and practical applications will determine whether PI can break through long-term resistance levels and enter a new upward cycle. Investors must still carefully assess risks while waiting for potential positive developments.

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SleepAt4amvip
· 12h ago
Very well said.
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Dewatroyvip
· 14h ago
talk about oppo
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ChicAndWealthyvip
· 14h ago
g g g g f f f f f f g h h g x x x f f f f f
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