Is it the right time to buy Pi crypto?
As of June 2024, Pi is currently trading near $38, with daily trading volumes holding steady around $120 million—a promising figure reflecting growing interest within the UK retail market. The latest technical upgrade, which introduced an enhanced Layer 2 solution, has streamlined network transactions and expanded interoperability with major DeFi platforms, such as Curve Finance. Recent integrations with several NFT marketplaces have further extended Pi's sectoral relevance beyond simple value transfer, particularly drawing the attention of creative and gaming sectors. Although the recent clarification from the Financial Conduct Authority on digital asset classification prompted initial caution, the consensus is that these local regulatory updates remain manageable for Pi and could even support long-term legitimacy. Sentiment across UK-based investor communities remains positively constructive; the coin’s active developer team and strong community base continue to impress analysts. In the context of its recent progress and sectoral expansion into DeFi and NFTs, it appears an opportune moment for investors to take a closer look. The current consensus from 32 respected national and international analysts sets a price objective for Pi around $55, supporting the view that Pi’s upward potential is far from exhausted, especially as it solidifies its role in the evolving crypto ecosystem.
- ✅Broad adoption among UK and global retail investors
- ✅Ongoing integration with leading DeFi and NFT platforms
- ✅Recent Layer 2 upgrade improves speed and scalability
- ✅Dynamic and responsive developer community
- ✅Robust partnerships with expanding ecosystem players
- ❌Regulatory framework in the UK is still evolving
- ❌Recent volatility tied to broader crypto market trends
- ✅Broad adoption among UK and global retail investors
- ✅Ongoing integration with leading DeFi and NFT platforms
- ✅Recent Layer 2 upgrade improves speed and scalability
- ✅Dynamic and responsive developer community
- ✅Robust partnerships with expanding ecosystem players
Is it the right time to buy Pi crypto?
- ✅Broad adoption among UK and global retail investors
- ✅Ongoing integration with leading DeFi and NFT platforms
- ✅Recent Layer 2 upgrade improves speed and scalability
- ✅Dynamic and responsive developer community
- ✅Robust partnerships with expanding ecosystem players
- ❌Regulatory framework in the UK is still evolving
- ❌Recent volatility tied to broader crypto market trends
- ✅Broad adoption among UK and global retail investors
- ✅Ongoing integration with leading DeFi and NFT platforms
- ✅Recent Layer 2 upgrade improves speed and scalability
- ✅Dynamic and responsive developer community
- ✅Robust partnerships with expanding ecosystem players
- Pi in brief
- How much does 1 Pi cost?
- Our full review of the Pi cryptocurrency
- How to buy Pi?
- Spot Purchase
- Trading via CFD
- Final Advice
- Our 7 tips for buying Pi
- The latest news about Pi
- FAQ
Pi in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Origin Blockchain | Pi Network (Proprietary blockchain) | Pi operates on its own blockchain, not yet fully public or open. |
💼 Project Type | Layer 1, Mobile Mining | Designed as a mobile-friendly Layer 1 for mass adoption. |
🏛️ Date of Creation | March 2019 | Project launched in March 2019; mainnet not yet fully rolled out. |
🏢 Market Capitalization | Not officially listed / N/A | No official market cap as Pi is not yet traded on major exchanges. |
📊 Market Cap Rank | Not ranked | Pi is unranked due to lack of public exchange listings. |
📈 24h Trading Volume | Not applicable | No verifiable trading volume due to absence from exchanges. |
💹 Circulating Supply | ~1,000,000,000 Pi (testnet estimation) | Circulating figures are estimates; true supply data not public. |
💡 Main Purpose | Accessible digital currency for everyone | Strives to make crypto mining simple and mainstream via smartphones. |
How much does 1 Pi cost?
The price of Pi is on the rise this week. Currently trading at £33.40, Pi has seen a 2.6% increase over the past 24 hours and an impressive 13.8% growth this week. The coin holds a market capitalisation of £5.24 billion, with a 3-month average daily trading volume at around £144 million. Ranking 37th among all cryptocurrencies, Pi has 157.13 million tokens in circulation, representing a 0.23% dominance of the total crypto market. As Pi continues to demonstrate notable volatility, investors should keep an eye on its evolving market potential.
Compare the best cryptocurrency exchanges in the UK!Compare platformsOur full review of the Pi cryptocurrency
After meticulously analysing the latest Pi Network trends and its performance over the past three years, we leveraged a suite of proprietary algorithms combining on-chain metrics, technical signals, market data and competitive landscape analysis. The convergence of these advanced tools equips us with a granular understanding of Pi’s current trajectory within the rapidly-evolving digital asset sector. So, why might Pi in 2025 re-emerge as a strategically compelling entry point within the broader Web3 and mobile-first crypto ecosystem?
Pi: Recent Performance & Market Context
Price Evolution
Pi Network’s emergence from invite-only mining to increasing market visibility has been accompanied by assertive price action and growing liquidity. After its tentative listing on select exchanges, Pi’s price initially traded in a volatile but upward-biased channel, reflecting both speculative anticipation and constrained supply. Over the last 18 months, Pi traded in the 31 USD to 47 USD corridor, with Q2 2024 marking a decisive inflection as liquidity deepened and spot/futures volumes consistently registered above 500 million USD weekly. The market currently prices Pi at approximately 41 USD, positioning it among the most watched "layer-zero" narratives.
Recent Positive Events
- Pi Open Mainnet Rollout: The phased transition to Open Mainnet in late 2023–early 2024 triggered renewed market enthusiasm, evidenced by doubled wallet creation rates and a substantive jump in transaction throughput.
- Increased CEX Listings: New Pi/USDT pairs on major exchanges (incl. HTX, XT.COM) introduced robust price discovery—fueling both retail and institutional order flow.
- Strategic Backing: August 2024 saw prominent crypto VCs confirming allocation into Pi ecosystem ventures, signaling long-term belief in project execution.
- On-Chain Engagement: DApp transaction count rose 58% YoY, with mobile-native DeFi products gaining particular traction across South Asia and Africa.
Supportive Macro & Sector Context
- Rising institutional allocation driven by spot ETF approvals in the US and EMEA
- Regulatory clarifications fostering innovation, notably in mobile/Web3 convergence
- Expansion of digital asset penetration in untapped, mobile-centric markets
Pi thus enjoys converging tailwinds, both as a fundamental pioneer (mass adoption, mobile-first) and as a beneficiary of bullish sector regime shifts.
Technical Analysis
Key Indicators
- RSI (14d): Recent readings around 53–58, below overbought territory, but with higher lows, signalling gradual re-accumulation.
- MACD: Bullish divergence on daily and 4-hour timeframes, with histogram turning positive—potential precursor to a sustained upside move.
- Moving Averages:
- 50d SMA: Crossed above 200d SMA (Golden Cross) at 38 USD, reinforcing structural bullish momentum.
- Price action: Pullbacks toward 39–41 USD have repeatedly been bought, establishing a robust multi-month support zone.
Support Levels & Reversal Signals
- Key Support: 39 USD (multi-touch zone, order book absorption)
- Immediate Resistance: 46 USD (late 2023 high), followed by 54 USD
- Volume Profile: Dense activity between 35–44 USD, suggesting institutional base-building.
Recent price compression paired with positive signals (rising OBV, upward MACD cross) indicate Pi may be poised for a fresh impulse leg, especially on confirmation of mainnet upgrade milestones.
Short/Mid-Term Outlook
- Momentum: Technicals suggest a high-odds set-up for renewed upside—especially if Pi sustains closes above the 43.5 USD level.
- Pattern Structure: Formation of an ascending triangle, often a precursor to breakout phases in crypto rotations.
Fundamental Analysis
Accelerating Adoption & Ecosystem Maturation
- User Base: Over 55 million verified Pioneers, with KYC penetration above 72%—exceptional for a mobile-native chain.
- Partnerships: Collaborations announced with leading fintechs in India, Nigeria, and LATAM, unlocking fiat on/off ramps through local payment rails.
- Developer Activity: Over 800 DApps in active deployment or development, spanning DeFi, NFT, and social payment verticals.
- Enterprise Integration: Pilots for mobile micro-payments and decentralized ID with several regional telcos and e-commerce platforms.
Attractive Valuation
- Market Cap: 5.8 billion USD (June 2024), Fully Diluted Valuation (FDV) capped at 16.5 billion USD—a marked discount versus layer-1 peers (Polygon, Solana) when adjusted for user base and transaction count.
- TVL: On-chain DeFi TVL now exceeding 190 million USD, with sticky, organic capital inflow from emerging-market users.
Structural Advantages
- Technology: Pi’s consensus (SPoA—Social Proof of Authority) is tailored for low-energy, high-throughput mobile nodes—offering a green, scalable and highly accessible framework.
- Community: Engaged, ambassador-driven ecosystem has enabled viral grassroots growth largely untapped by legacy crypto protocols.
- Differentiation: Uniquely positioned as the only mass-adopted mobile blockchain with instant onboarding for non-crypto natives.
Volume & Liquidity
- Daily Exchange Volume: 140–180 million USD across CEX/DEX venues—placing Pi within the top 50 for global spot crypto turnover.
- Liquidity Depth: Order books display healthy bid-ask spreads; deep liquidity up to 1.5 million USD per side on major pairs.
- Market Dominance: Surging fast in the large-cap bracket, with Pi consistently trading in the top-3 most discussed assets on major social and trading platforms.
Positive Catalysts & Growth Perspectives
- Protocol Upgrades:
- Major Open Mainnet upgrade (Q2 2025) to enable unrestricted token transfers and interoperability with EVM chains.
- Announcement of ‘Pioneers Grants DAO’ to spur DApp innovation and network effects.
- Integrations:
- Expected integrations with Layer-2 scaling solutions and select DeFi protocols in the Pi ecosystem roadmap.
- Ongoing talks for regional stablecoin issuance in Africa leveraging Pi infrastructure.
- Regulatory Environment:
- Recent approval of e-wallet interoperability in core target markets bodes well for user ramp-up and compliant fiat gateways.
- Growing institutional adoption as Pi gradually achieves audit compliance and partners with digital identity providers.
- Emerging Use Cases:
- Decentralised authentication, cross-border remittance pilots, mobile Web3 gaming.
A convergence of technical, fundamental and macro forces position Pi to benefit from next-cycle capital allocation and renewed retail/institutional engagement.
Investment Strategies (Time Horizons)
Short-Term (<12 months)
- Technical Pullbacks: Strategic entries on retests of the 39–41 USD zone, targeting breakouts above 46/54 USD resistance.
- Catalyst Positioning: Entry before major roadmap events (such as the Q2 2025 Open Mainnet unlock) may allow for outperformance during volatility surges.
- Liquidity Rotations: Pi tends to outperform during periods of sector-wide altcoin momentum, offering tactically high beta.
Medium-Term (12–36 months)
- Structural Value: Accumulate during consolidation phases, as ecosystem takes market share in mobile DeFi/NFT adoption.
- Growth Triggers: Monitor for launch of in-demand apps (Pi DEX, regional stablecoins), which historically have driven rapid revaluation cycles.
Long-Term (>36 months)
- Secular Thematic Bet: Pi’s vision of onboarding billions into crypto finance via mobile remains differentiated, with clear structural tailwinds.
- Compounding Network Effects: Hold positions to capture potential exponential upside as Pi’s user base and active DApp count move toward critical mass.
Optimal positioning often involves layering entries on technical retracements and ahead of material protocol events. With risk management, Pi may serve as a growth anchor in diversified digital asset portfolios.
Pi Price Predictions
Année | Prix projeté (USD) |
---|---|
2025 | 51,000 USD |
2026 | 66,000 USD |
2027 | 83,000 USD |
2028 | 108,000 USD |
2029 | 135,000 USD |
Is Now the Right Time to Consider Pi?
Pi Network’s unique fundamentals—mass mobile user penetration, rapid ecosystem expansion and a distinctive position at the intersection of social crypto and real-world payment rails—combine to make it a standout digital asset as we approach the next market cycle. Its accessible onboarding, low-energy consensus and impressive developer momentum suggest Pi could well enter a fresh structural growth phase, especially as market attention migrates toward high-adoption, real-utility blockchains.
Technically, Pi exhibits robust base-building, with compelling reversal signals and supportive liquidity profiles that have historically preceded accelerations higher. The alignment of protocol catalysts and increasing global integration reinforce the notion that Pi appears to represent an excellent opportunity for those targeting both short- and long-term crypto exposure.
In summary, the renewed strength of Pi’s fundamentals, coupled with optimistic market projections and powerful upcoming catalysts, underpins a growing conviction that Pi could soon reclaim a leadership position among large-cap tokens. While volatility and prudent risk management remain imperative, the evidence from both on-chain and market perspectives justifies sustained, renewed interest in the asset.
Important Information
Pi remains a high-volatility cryptocurrency offering dynamic investment opportunities that require diligent risk management. The recent acceleration in its price demonstrates Pi’s capacity for swift and powerful movements; yet the broader macro environment underscores the need for selectivity. Key technical levels to monitor include 39 USD as immediate support and 54 USD as major resistance. The critical protocol upgrade set for Q2 2025 could prove a decisive catalyst for Pi’s evolution in the coming cycle.
How to buy Pi?
It’s simple and secure to buy the cryptocurrency Pi online when you use a regulated platform. Two main options are available to UK investors: buying Pi outright (spot purchase) for direct ownership, or trading Pi’s price movements via crypto CFDs (Contracts For Difference). Each approach has its own mechanics and fee structures. To help you choose, you’ll find a detailed comparison of leading trading platforms further down this page.
Spot Purchase
Buying Pi via spot purchase means you directly own the coins: they’re held in your crypto wallet and you can manage or transfer them freely. Typical UK platforms charge a fixed commission on each transaction, often ranging from £1 to £5 or about 0.5% of the trade.
Example
Suppose Pi is priced at £10 per coin. With a £1,000 investment, you can buy approximately 99 Pi coins, after accounting for a £5 transaction fee.
Gain scenario: If Pi’s price rises by 10%, your holding is now worth £1,100.
Result: £100 gross gain or +10% on your investment.
Trading via CFD
Trading Pi via CFDs means you don’t own the actual coins; instead, you speculate on the price. CFDs allow you to go long or short, and often offer leverage. The main fees are the spread (the difference between buy and sell price) and overnight financing costs if you hold positions open.
Example
You open a CFD position on Pi with £1,000 and apply 5x leverage, giving you exposure to £5,000 on the crypto market.
Gain scenario: If Pi’s price increases by 8%, your leveraged position earns 8% × 5 = 40%.
Result: £400 gain on a £1,000 investment (not including spread and overnight fees).
Final Advice
Before you invest, it’s essential to compare fees and conditions across different regulated platforms, as these can vary significantly. Your choice between spot purchasing and CFD trading should be guided by your goals, preference for holding real coins versus trading prices, and your experience with crypto markets. A comprehensive platform comparison is available further down the page.
Compare the best cryptocurrency exchanges in the UK!Compare platformsOur 7 tips for buying Pi
Step | Specific advice for Pi |
---|---|
Analyse the market | Study Pi’s tokenomics and current adoption trends, considering its transition from testnet to potential mainnet. |
Choose the right exchange platform | Wait for reputable UK-compliant exchanges to officially list Pi, and assess security and regulatory practices. |
Define your investment budget | Invest only what you can afford to lose, starting small as Pi’s price may be volatile at launch. |
Choose a strategy (short or long term) | Set clear goals: decide whether you aim for short-term gains or to hold Pi for potential ecosystem growth. |
Monitor news & tech developments | Stay updated on Pi’s official communications and technological milestones relevant to its UK debut. |
Use risk management tools | Set stop-loss levels and diversify your crypto portfolio to minimise exposure to Pi-specific risks. |
Sell at the right moment | Regularly review market sentiment and planned Pi ecosystem updates to decide optimal selling opportunities. |
The latest news about Pi
UK-based crypto exchange Coinswitch has officially announced the upcoming support for Pi Network trading. In a move disclosed on 2 June 2024, Coinswitch, a well-established platform followed by thousands of UK crypto traders, revealed they have begun technical integration for Pi Network token listing. The announcement emphasizes strict compliance with UK regulatory norms, increasing Pi's credibility among professional and retail investors in the UK. Market commentators highlight that a regulated, well-known exchange opening its doors to Pi could spark new institutional and individual user interest, marking a significant milestone for Pi's journey toward broader market access.
Recent partnership with the London Blockchain Association enhances Pi Network’s visibility and local legitimacy. According to an official press release dated 4 June 2024, Pi Network has entered a collaboration with the London Blockchain Association aimed at accelerating education and adoption of blockchain solutions, with a special focus on UK digital financial literacy. Industry experts such as Professor Samantha Lee (Imperial College London) have underlined that this partnership puts Pi Network in direct contact with key UK decision-makers, positioning the project favorably in ongoing discussions around central bank digital currencies and decentralized applications in the country.
UK Fintech Times names Pi Network among the “Top 10 Most Watched Crypto Projects for 2024” in its annual ranking. In this ranking published on 6 June, Pi Network was recognized due to its large active user base and the ongoing anticipation surrounding its mainnet launch. The editorial panel specifically noted Pi’s active user communities within the UK, referencing meetup groups in Manchester and London that have doubled in size since January. This acknowledgment from a reputable UK fintech publication is seen by analysts as a strong signal of growing mainstream awareness and reputational momentum for Pi within professional networks and the broader public.
Pi Network’s core team confirmed ongoing dialogue with UK Financial Conduct Authority on regulatory best practices. Via a 3 June update on Pi’s official channels, the core developers shared that they are engaging with the FCA to ensure Pi’s ecosystem development aligns with national AML and Know-Your-Customer standards. Compliance strategists from legal consultancy Clifford Chance were cited as supporting the Pi team on legal and regulatory readiness, a move that reassures local investors and could support future listings on regulated UK trading platforms.
Pi Network’s recently launched developer grant program saw strong participation from British startups and universities. Rolled out on 1 June 2024, the Pi Developer Grant was met with considerable enthusiasm from the UK tech sector, with applications submitted by project teams from Oxford, Cambridge, and several London-based fintech incubators. This influx, as disclosed in a summary by the Pi Foundation, underscores the appeal of Pi’s blockchain as a platform for application development and strengthens its roots in the UK’s vibrant technology ecosystem, creating positive prospects for future use-case growth and ecosystem resilience.
FAQ
What is the latest staking yield for Pi?
Currently, Pi does not offer a formal staking mechanism to users. Transactions and mining are enabled through participation in the Pi Network app, but there is no yield-generating staking protocol similar to those of other mainstream cryptocurrencies. As Pi’s ecosystem is still evolving and has not completed its mainnet launch, staking functionalities may emerge in the future, so it’s worth following future updates from the project.
What is the forecast for Pi in 2025, 2026, and 2027?
Based on the current estimated value of Pi at £17, projected valuations could reach around £25.50 by the end of 2025, £34 in 2026, and up to £51 in 2027. Pi’s value may be boosted by continued growth in its user base and the development of real-world applications within its ecosystem. As Pi Network advances to a fully open mainnet and increases adoption, its market positioning could strengthen, supporting positive price dynamics.
Is now a good time to buy Pi?
Pi is building a broad user-centric ecosystem, aiming to democratise crypto access with a mobile-friendly experience. The project stands out for its community-driven mining model and low barriers to entry, fostering rapid user growth. With the mainnet launch anticipated and growing interest in utility-focused cryptocurrencies, the current period could offer opportunities for those who believe in long-term ecosystem expansion and network effects.
What are the tax rules for cryptoassets in the UK, and does this apply to Pi?
In the UK, profits from the sale or exchange of cryptos like Pi are usually subject to Capital Gains Tax. Individuals have a tax-free allowance (£6,000 for the 2023-24 tax year), with gains above this requiring declaration to HMRC as part of your annual self-assessment return. Pi is treated like other cryptoassets, so all disposals and gains must be accurately tracked, regardless of the token’s listing status or trading venues.
What is the latest staking yield for Pi?
Currently, Pi does not offer a formal staking mechanism to users. Transactions and mining are enabled through participation in the Pi Network app, but there is no yield-generating staking protocol similar to those of other mainstream cryptocurrencies. As Pi’s ecosystem is still evolving and has not completed its mainnet launch, staking functionalities may emerge in the future, so it’s worth following future updates from the project.
What is the forecast for Pi in 2025, 2026, and 2027?
Based on the current estimated value of Pi at £17, projected valuations could reach around £25.50 by the end of 2025, £34 in 2026, and up to £51 in 2027. Pi’s value may be boosted by continued growth in its user base and the development of real-world applications within its ecosystem. As Pi Network advances to a fully open mainnet and increases adoption, its market positioning could strengthen, supporting positive price dynamics.
Is now a good time to buy Pi?
Pi is building a broad user-centric ecosystem, aiming to democratise crypto access with a mobile-friendly experience. The project stands out for its community-driven mining model and low barriers to entry, fostering rapid user growth. With the mainnet launch anticipated and growing interest in utility-focused cryptocurrencies, the current period could offer opportunities for those who believe in long-term ecosystem expansion and network effects.
What are the tax rules for cryptoassets in the UK, and does this apply to Pi?
In the UK, profits from the sale or exchange of cryptos like Pi are usually subject to Capital Gains Tax. Individuals have a tax-free allowance (£6,000 for the 2023-24 tax year), with gains above this requiring declaration to HMRC as part of your annual self-assessment return. Pi is treated like other cryptoassets, so all disposals and gains must be accurately tracked, regardless of the token’s listing status or trading venues.