
Pi Network is a social cryptocurrency and blockchain ecosystem designed to bring crypto into everyday life. The premise is straightforward: anyone with a smartphone can mine and use PI through a mobile-friendly interface, while developers build applications across the broader network. That emphasis on low-barrier entry distinguishes Pi Network from projects that demand specialized hardware or technical know-how just to get started. Beyond the coin itself, Pi Network positions PI as the backbone of a wider developer platform rather than a standalone speculative asset. The network supports transactions and app activity within its ecosystem, tying the token to practical use cases instead of pure price speculation. With a market cap in the multi-billion-dollar range and consistent daily trading volume, PI has already reached a scale that keeps it firmly on many investors' radar. The central trade-off is clear: accessibility alone doesn't guarantee lasting adoption. PI's long-term trajectory hinges on whether its ecosystem can convert mobile participation and developer momentum into sustained real-world utility. For anyone drawn to projects that prioritize broad reach and frictionless onboarding, Pi Network stands out by placing mobile access at the very core of its crypto experience.
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Pi Network is a crypto project built around effortless mobile access, letting users mine and use PI through a phone-friendly interface. Its future hinges on whether that ease of entry translates into genuine activity across apps and payments within its ecosystem.
Clear bullish / neutral / bearish signal based on market data, on-chain security and macro signals.
Analysis from November 10, 2026
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Rating
Confidence
Pi Network is changing hands at $0.069921 after a 8.7% bounce over the past 24 hours — though that uptick does little to offset a 8.0% slide over the past week and a steeper 16.0% drop across the month. Market mood isn't helping either: the Fear & Greed Index sits at 32 (Fear territory), down from 34 just seven days ago, reinforcing the generally cautious backdrop. Development activity has also gone quiet, with zero code updates logged over the last four weeks and just a single merged contribution in the repository. The one piece of recent news — Pi Network's expanding AI focus — landed as a neutral headline, without any accompanying sign that it's translating into renewed development momentum. Supply dynamics add another layer of uncertainty: only 11.36% of the maximum supply is currently in circulation, and the unlock schedule for the rest isn't available in our data. Taken together, this investment research points to a predominantly strained outlook for the weeks-to-months horizon, as macro headwinds, sluggish code activity, and unresolved supply questions outweigh the brief one-day rebound.
A November 8 BeInCrypto headline — "Pi Network is Going Big on AI as Token Price Remains Near Record Lows" — points to a fresh strategic narrative, but it also underscores just how far the token has fallen from its highs. The sentiment score here is flat at 0, with no clearly positive or negative coverage to tip the scale. This AI pivot could matter down the line if it leads to shipped products or a genuine uptick in development, but the repository numbers aren't showing that progress yet. For now, the recent price action looks more like a short-lived rebound inside a cautious market than the start of a news-driven turnaround.
PI climbed 8.7% in the past 24 hours to reach $0.069921, yet it's still sitting 8.0% lower on the week and 16.0% lower on the month — a pattern that reads as a short-term bounce inside a longer downtrend rather than a genuine recovery. Trading volume came in around $9.8 million, which confirms there's active trading happening, though it doesn't tell us much about how broad or concentrated that participation is. The token also remains a long way from its all-time high of $2.99, and with such a small share of supply currently circulating, future supply growth stands out as a real price risk worth watching.
The Federal Funds Rate has ticked up from 3.75% to 3.88%, while annual consumer inflation rose from 3.71% to 4.02% — together creating a restrictive climate for speculative assets. The US Dollar Index (which tracks the dollar's strength against a basket of major currencies) has also edged higher, from 121.51 to 121.88. Meanwhile, the Fear & Greed Index reads 32, labeled Fear, down from 34 a week ago — a clear signal of defensive positioning across the market that feeds into this strained assessment. Among tracked top stablecoins (dollar-pegged crypto tokens), total supply stands at $257.2 billion, down 1.5% over seven days and 4.1% over the past month; this is a snapshot of a fixed subset of the market rather than a full market total, and it isn't a direct signal for PI specifically. On the regulatory front, there's nothing notable in the current Pi Network news cycle, which remains centered on the AI narrative.
The overall picture is predominantly strained. Fearful market sentiment, a four-week stretch with zero code updates, a 16.0% monthly decline, and ongoing supply uncertainty all outweigh the recent 8.7% daily rebound.
That 24-hour gain is happening inside a larger downtrend — down 8.0% over seven days and 16.0% over the month. Rising interest rates, higher inflation, a stronger dollar, and a Fear & Greed reading of 32 all create a tough backdrop, and the neutral AI headline hasn't shifted the fundamental picture.
On the plus side: solid market scale, a history of strong GitHub engagement, and a clear AI-focused strategy. On the risk side: weak recent development activity, fearful market sentiment, a declining multi-week price trend, and the fact that only 11.36% of maximum supply is currently circulating — all factors that matter for any coin market analysis going forward.
Market sentiment as a contrarian reality check for this analysis.
Historically extreme bearish sentiment
The market is deeply nervous. Looking back, these phases for BTC often coincided with local bottoms as long as fundamentals held up.
Historical BTC performance
When the index sat between 20 and 39, BTC historically moved an average of +8.0% after 30 days and +22.0% after 90 days.
Current
20
out of 100
Extreme Fear
Pi Network (PI) is changing hands at $0.065714 after sliding 10.1% in the past 24 hours, 13.2% over the past week, and 17.1% over the past month. The Fear & Greed Index sits at 29 (Fear), which tells you the broader crypto market is still playing defense, even though the reading has ticked up three points over the past seven days. The only notable headline this week covers Pi Network's push into AI, but it's classified as neutral news and hasn't lined up with any price stabilization. A bigger concern shows up in the development data: GitHub shows zero commits over the past four weeks and just one merged pull request. Add to that a circulating supply of only 11.36% of the 100 billion PI maximum, and there's plenty of room for future dilution. Taken together, this coin analysis points to a strained near- and medium-term picture — weak development activity and tough macro conditions currently outweigh the modest sentiment uptick and the AI storyline. This reflects investment research under MiFID II Del. Reg 2017/565 Art. 36, not investment advice.
Pi Network currently trades at $0.076381, with a market capitalization (current price multiplied by circulating supply) of $862.7 million and a market rank of 81. PI has fallen 3.58% in seven days and 14.45% in 30 days, while the 0.67% daily gain is too small to reverse that broader pattern. Development activity is a major concern: no commits were recorded over four weeks, and only one proposed code change was merged. Only 11.29% of the maximum supply is circulating, leaving material dilution risk if more PI enters circulation over time. Fear & Greed stands at 51 (Neutral), but its drop from 68 to 51 in seven days shows that market confidence has cooled substantially. For investors, weak development momentum, the sustained decline, and a difficult interest-rate and inflation backdrop outweigh the neutral sentiment reading and the repository's historical interest.
Pi Network is currently priced at $0.080428, essentially flat over the past 24 hours with a gain of just 0.009%, but the picture darkens the further back you look: down 3.66% over seven days and 17.87% over the past month. This investment research (MiFID II Del. Reg 2017/565 Art. 36) finds the broader data picture predominantly strained — the weeks-long price slide coincides with zero recorded GitHub commits in four weeks and only one accepted code change. Meanwhile, the Fear & Greed Index sits at 62 (Greed), reflecting general optimism across crypto markets, though its slip from 64 to 62 over the past week suggests that enthusiasm is cooling. That broader mood isn't enough to offset PI's specific weakness. Rising interest rates, climbing inflation, and a strengthening US dollar add further headwinds for speculative assets. With only 11.24% of maximum supply currently circulating, questions around project delivery and future supply expansion remain key uncertainties.
Pi Network is changing hands at $0.09035, giving it a market capitalization of roughly $1.02 billion and a rank of 78 among tracked crypto-assets. The price climbed 2.78% in the past 24 hours, yet it's still slightly down over both the seven-day and 30-day windows — meaning this latest bounce hasn't done much to shift the broader weak-to-flat trend. The Fear & Greed Index reads 71, placing sentiment firmly in Greed territory. That kind of optimism can fuel risk-taking, but it also raises the odds of a sharp reversal once sentiment cools. On the development side, tracked GitHub activity looks thin: no commits in the past four weeks and just one merged pull request. Add to that a circulating supply of only 11.24% of the maximum, with no available token-unlock schedule, and you get a setup with real dilution risk down the road. Taken together — quiet development, unclear supply timing, and gaps in supporting data — this investment research (MiFID II Del. Reg 2017/565 Art. 36) points to a strained picture despite the upbeat market mood.
Pi Network is changing hands at $0.08914, down 8.9% over the past 24 hours and 7.8% over the past week — though it's still holding onto a 3.5% gain over the last 30 days. The Fear & Greed Index sits at 69 (Greed territory), climbing from 66 a week ago. That's what makes PI's slide notable: the coin is losing ground even as the broader market mood stays upbeat. Adding to the uncertainty, only 11.19% of Pi's maximum supply is currently in circulation, leaving significant room for future dilution, and there's no available timeline for when the remaining tokens might be released. Security checks, developer activity, network usage, and on-chain flows are also unavailable, which means there's little verifiable fundamental data to counterbalance the supply overhang and recent price weakness. For now, this coin analysis points to uncertainty and coin-specific softness rather than any confirmed network progress.
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$0.070105
24h
+0.05%
7d
-6.94%
30d
-11.68%
11.4% of the max supply is circulating