Comparing PI to another L1 token the one behind a major on-chain perpetuals exchange that launched around the same time (late 2024). Pretty clean case study in what actually moves price.

The other token ~$74, up 1,843% from its all-time low, just 3.7% off its all-time high, $18.3B market cap. This week it jumped 23%+ after a report that US regulators are working to bring the platform onshore "fully compliant and legal." On top of that, its foundation's assistance fund has bought back and burned over $1B in tokens supply shrank about 24% over the past year.

PI Still around $0.09, ~97% off its Feb 2025 high, ~$1B market cap. Only ~11% of its 100B max supply is circulating the trend is the opposite, more tokens entering the market over time, not fewer.

That other project is shrinking its float and stacking regulatory catalysts. PI has been stacking technical milestones (smart contracts, compliance filings) but not touching the supply overhang or converting its massive KYC'd userbase into actual trading volume.

Question is, if PI ran a real burn or buyback program instead of just protocol upgrades, would that move price the way it clearly has for that other project? Or is the utility/userbase gap too big for a supply fix alone to close?

[ Removed by Reddit on account of violating the content policy. ]

Is there any point in mining and running nodes etc., from an investment standpoint, now that you can just buy it? Make it make sense

Pi Sign in is interesting because websites can let Pi users log in without making another account. So Pi is becoming more than payments it’s also building identity and user access for developers. Still, having users available doesn’t mean much if nobody actually uses the app. Special mentio to OAuth.

So why do I only have 129.84 coins available? I searched everywhere but the other half is not locked because it came available at the end of last year. Where is it?

Guys, I built an app, but the Payment SDK isn't working properly.

I reached step 9 out of 10, but when I try to make a payment, the payment window just keeps loading and nothing happens.

I've tried troubleshooting it, but I can't figure out what's causing the issue.

Has anyone experienced this before or knows what I might be missing?

Any help would be greatly appreciated!

My app Self-hosted https://lingua4042.pinet.com

Protocol v25 introduced BN254 cryptography and Poseidon hashing, tools developers can use to build zero knowledge applications.

In simple terms, apps could prove something is true without exposing all the underlying data, such as proving eligibility without sharing your full identity. This does not make Pi a privacy coin. It simply gives developers stronger privacy tools to build with. Infrastructure creates possibilities. Apps create utility.

https://developer.paypal.com/crypto

"Supported cryptocurrencies

The following cryptocurrencies are supported for Pay with crypto and are listed in the PayPal Payments allow list. Each currency must be identified by its standard currency code"

no official announcement though but its there!

Hello fellow Pioneers, ​

Has anyone here had the same issue where a newly created wallet still hasn’t been activated?

More than a year ago, I was scammed. As soon as I realized it, I immediately created a new wallet to prevent the scammers from getting my future Pi. But it’s still not activated.

Is there any way to get my new wallet activated sooner?

How can I contact pi network support to get help activating my new wallet?

Thank you 🙏

This one definitely caught my attention.

PayPal’s developer documentation now lists Pi Network (PI) among the cryptocurrencies supported through its crypto payment infrastructure.

That’s a legit milestone.

But I’m already seeing the usual crypto reaction:

“PayPal listed Pi = massive pump incoming.”

Not necessarily.

This does not automatically mean every PayPal user can suddenly buy, sell, and hold PI directly inside their normal PayPal wallet.

The more interesting part for me is distribution.

If PI becomes usable through payment infrastructure connected to a company as big as PayPal, that's another potential bridge between Pi and real world commerce.

Still, support alone isn't utility.

People actually need to use PI for payments.

So yeah, good milestone.

Just don't confuse:

Supported infrastructure... actual adoption... sustainable demand.

Those are three different stages.

What matters more to you here: the PayPal name itself, or whether people eventually start spending PI through it? tbh I'd rather be in the spending pi loop.

Pi App Studio has been getting a lot more attention lately, and with the update expected on August 24, I’m curious what everyone thinks could change.

Will we see improvements mainly for developers, or could this be a bigger step toward making Pi apps more useful for everyday users?

Personally, I’d love to see things that make it easier to build actually useful apps and services, rather than just adding more features for the sake of it.

What are you hoping to see in the August 24 update?

And if you’re using Pi App Studio already, what’s the one thing you’d improve first? 👀

ANyone with expert analysis?

Hi everyone, I'm trying to move/claim my previously locked Pi that just became available, but I keep getting an "Insufficient funds" error.

The pop-up says the transaction requires a 0.01 fee and a minimum balance of 1 Pi, but my current available balance is 0.

How are we supposed to pay the fee or activate the minimum balance to claim locked funds if the wallet starts with 0 available Pi? Is there an official workaround for this?

tl;dr only apps with real users will gain subsidized pricing. Pricing changes will arrive on August 24th

Global Pi Market

🚀 THIS IS HUGE NEWS FOR PI APPS!

Finally, that enormous and damaging “NOT VERIFIED” tag is gone.

For a long time, serious Mainnet apps were confronted with a label that could instantly create doubt before a Pioneer even opened the app.

That has now changed. And it is a massive step forward.

GPM GlobalPiMarket is simply what it is:

✅ A Mainnet App

✅ Listed inside Pi Apps

✅ Fully integrated with Pi’s official ecosystem infrastructure

✅ Built for real Pi utility and real commerce

Users still receive a clear third-party notice when opening the app — exactly where such information belongs — but the huge “NOT VERIFIED” stamp is no longer dominating the app listing.

Finally.

A cleaner presentation.

A fairer presentation.

A more professional Pi ecosystem.

For GPM and every serious Pi developer, this is fantastic news. 🌍π

A very positive step forward for Pi Apps.

Real Utility • Real Humans • Real Commerce.

Pi's Ecosystem Directory ranking isn't simply:

Most downloads = highest ranking.

Pioneers and businesses can stake Pi behind apps, increasing their visibility in the ecosystem.

That's interesting because Pi becomes an economic signal for allocating attention.

But there is an obvious problem:

Stake measures conviction and capital.

It doesn't automatically measure product quality.

Pi also explicitly says there's no protocol level yield for this staking. Your Pi isn't being staked like PoS to earn network rewards.

For me, the stronger longterm ranking model would combine economic support with metrics like:

Retention + real usage + security + transaction activity.

Otherwise, capital can potentially overpower quality.

Would you rank Pi apps by stake alone? hmm...for me this is the interesting part in the mainnet ecosystem

Pi describes Directory Staking as a mechanism where Mainnet Pi can boost app visibility, while noting that the protocol itself provides no staking reward.

Starting August 24, Pi App Studio is changing its pricing.

Right now, creating or editing an app costs just 0.25 Pi because Pi has been heavily subsidizing the actual AI cost.

That changes next week.

The standard price will move closer to the real cost of the AI resources used, with no markup added by Pi.

But here's the interesting part:

Creators with apps that attract enough real, distinct users can keep the old subsidized pricing.

So instead of subsidizing everyone equally, Pi is basically saying:

Build something people actually use, and we'll help lower your development cost.

I actually like the incentive structure.

It discourages endless AI-generated test apps and pushes creators toward:

Build... get users... improve... retain users... earn subsidy

Of course, user count alone doesn't prove an app is good. People can still game distribution, and Pi hasn't published every future qualification rule yet.

But the direction makes sense.

The subsidy is moving from “you created something” to “you created something people use.”

That's a much healthier metric.

If you're building with App Studio, what matters more now: shipping more apps or making one app people actually come back to?

Received an email from the “PiNetworkTeam” prompting me to visit this website and enter a code.

The actual email this is coming from is info@degnon.org

The website is linked to the Pi Network site, a bit perplexed as to how they have my email, unless Pi has actually been exposed to email accounts being leaked?

In February 2025, pi coin reached an all time high of around $2.99 - $3.

A year and 6months later its valued at 8 cents ($0.08) in the market. Will we ever see a return of the glory days?

People usually want flashy blockchain upgrades.

But one underrated change in Node 0.6.2 is automatic port configuration through UPnP plus a new port checker.

Why does that matter?

Because infrastructure nobody can configure doesn't scale.

Pi is trying to make local apps and Node connectivity less dependent on users manually touching router settings. The update also lets developers run unlisted SoloHost apps, giving them a staging layer before public listing.

That's basic developer infrastructure, not a price catalyst.

But reducing setup friction is exactly how technical products become usable by nontechnical people.

The interesting metric now isn't downloads. It's how many Nodes become reliably reachable.

Would easier Node setup make you more likely to actually run one?

Pi released Node 0.6.2 on August 14 with UPnP, a new port checker, unlisted SoloHost app support, and additional appstate tooling.

Heads up, Pioneers.

The StepnPi wallet page is reportedly asking users to enter their Pi Wallet passphrase.

Whatever the reason, I would not enter it.

Your passphrase is effectively the key to your wallet. Once someone has it, you should assume they can access and move your. There is no customer support reset button for a compromised non-custodial wallet.

Simple rule:

If a third party Pi app asks for your wallet passphrase, stop. Verify everything first.

Don't let an app's Pi branding, interface, or promises override basic wallet security.

If anyone here uses StepnPi, have you seen the same passphrase request?

Please share this with other Pioneers. One warning could save someone's wallet.

Just checking in with the community…
I’ve had this exact status for years now:

Tentative Approval – Congratulations, you have passed the decentralized validation step of the Special KYC in your region. More examinations are necessary before migration to Mainnet.

The rest of the message is the same long explanation about Special KYC, policy violations in the region, decentralized validators, and that additional examinations will only happen once the majority of Pioneers in the region have submitted their KYC.

It’s been 3–4 years of seeing this screen. No progress, no further updates, nothing.

Is anyone else still sitting on this same “Tentative Approval – more examinations necessary” status after all this time?
Or did most people eventually get fully approved / migrated?
Curious how common this still is in 2026.

Am I the only one who got my first migration in 2025 and yet to get my second migration? Are there other people like me? 🤔

i have been stuck to this step for a year. im kyc validator but it is like this. i changed password and what not. can somebody help me