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What Is Pi Network? Pi Network is a social cryptocurrency, developer platform, and ecosystem designed for widespread accessibility and real-world utility. It enables users to mine and transact Pi using a mobile-friendly interface while supporting applications built within its blockchain ecosystem. Supply Model and Mining Mechanism The Maximum Supply of Pi is 100 billion tokens. The Maximum Supply is comprised of the following: 65 Billion tokens (or 65%) are allocated for all community mining rewards; 10 billion (10%) are allocated for foundation reserves; 5 billion (5%) are allocated for liquidity purposes; and 20 billion (20%) are allocated for the Core Team. Each allocation mentioned above tracks the community Migrated Mining Rewards issuance pace, so the proportions of each allocation in the total supply remains the same at any given time. The Effective Total Supply of Pi—the total Pi supply at the current time—allocates Pi proportionally the same as the Maximum Supply. Since every allocation tracks the Migrated Mining Rewards of the community, the Effective Total Supply can be calculated by dividing the current Migrated Mining Rewards of Pi on the Mainnet blockchain by 65%. The other allocations within the Effective Total Supply can then be calculated based on the same proportions as the Maximum Supply, e.g. at most 10% of the Effective Total Supply is available in the foundation reserve, 5% of the Effective Total Supply is available for liquidity purposes, and 20% of the Effective Total Supply is available for the Core Team. This remains true despite the fact that all tokens were minted at the genesis as technically required by the blockchain protocol. Circulating Supply includes all Migrated Mining Rewards and all tokens that entered circulation from other buckets of the allocations, which at its maximum could be summed up to equal the Effective Total Supply. Pi’s mining rewards are distributed based on an issuance formula that follows a declining exponential model defined in the Pi whitepaper. Users can increase the amount of mining rewards they receive based on their individual contributions to the network, like Security Circles, using utility-based Pi apps, running Nodes, etc. For each month, the amount of Pi to be distributed as mobile balance is capped and determined by the model, regardless of how many people or how many types of mining rewards there are during the month. The capping is achieved by the design of a system-wide base mining rate, and each type of mining rewards to each individual are just a multiplier of this base mining rate. As the monthly supplies always diminish, the base mining rate generally decreases over time. Fewer Pi may also be issued because the real Pi issuance on the blockchain depends on Pioneers passing KYC and completing all steps required for migration to the Mainnet. Despite all efforts to facilitate and remind Pioneers to complete those required steps, there are always dropoffs along the way, resulting in less than all outstanding mobile balances to be issued on the blockchain. Because of this mechanism, the community issued amount (Migrated Mining Rewards) on the blockchain will likely be closer and closer to a line lower than the 65 billion. This is thus the reason for the variable Effective Total Supply which incorporates this effect. Effective Total Supply results from all Migrated Mining Rewards divided by 65%, as opposed to the Maximum Supply of 100 billion. Ecosystem and Adoption Pi Network has built an integrated ecosystem that facilitates real-world transactions and decentralized applications. Pi can be used as a medium of exchange for goods and services, including online commerce and local brick-and-mortar businesses. Users can engage with Core Team and community-built apps in the Pi ecosystem through the Pi Browser, where integrated features like the Pi Wallet provide a seamless experience. Events like PiFest 2024 showcased Pi’s growing adoption, with over 27,000 active sellers and 28,000 test merchants across 160 countries. Who Are the Founders of Pi Network? Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, both of whom have PhDs from Stanford University and a passion for improving human lives through technology. Dr. Nicolas Kokkalis is a Stanford PhD in EE and postdoc in CS with research on distributed systems and human-computer interaction. His work focuses on combining distributed systems and human computer interaction to bring cryptocurrency to everyday people. As a strong and long-term believer of the technical, financial and social potential of cryptocurrencies, he is determined to move them beyond their current limitations and is committed to bringing the power of blockchain to more people. Dr. Chengdiao Fan holds a Stanford PhD in Anthropological Sciences, harnessing social computing to unlock human potential on a global scale. Chengdiao is building Pi Network to mobilize individuals all over the world to participate and be rewarded for their contributions, and establish an inclusive ecosystem for global citizens to unleash and capture their own agency, and in turn create utilities and productions for society and the world. Compliance and Identity Verification Pi Network follows a one-account-per-person policy through its Know Your Customer (KYC) solution. This system combines machine automation and human verification to authenticate user identities while preserving privacy. The KYC process emphasizes real individuals, combats fraudulent activities and enables fair participation in the mining process of the network. Pi’s identity verification approach balances scalability, security, and accessibility, allowing millions of users worldwide to validate their accounts while maintaining regulatory compliance.
The current price of 1 Pi Network in USD is $0.5904.
This price is currently -80.26% than its all-time high (ATH) of $2.990,
and 44.90% than its all-time low (ATL) of $0.4070.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Pi Network’s price.
The market capitalization of Pi Network is $4,154,499,814.00 as of today.
Pi Network is currently ranked #32 in the market, and this market cap is calculated by multiplying the current price of Pi Network with the circulating supply.
The circulating supply of Pi Network is 7,043,439,639, meaning there are 7,043,439,639 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Pi Network in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Pi Network’s official platforms.
The trading volume of Pi Network today is $81,693,134.00.
This represents the total value of Pi Network transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Pi Network is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Pi Network's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Pi Network to make well-informed trading decisions.
The all-time high (ATH) price of Pi Network is $2.990.
This ATH was reached on 26 Feb 2025, marking the highest value ever for Pi Network in the market.
Currently, Pi Network is lower than its ATH by -80.26%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Pi Network, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Pi Network is $0.4070.
This ATL was reached on 05 Apr 2025, marking the lowest value ever for Pi Network.
Currently, Pi Network is higher than its ATL by 44.90%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Pi Network, offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Pi Network, you can follow these steps:
1. Choose a Cryptocurrency Exchange: Pi Network is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Pi Network against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Pi Network.
4. Place an Order: After funding your account, navigate to the Pi Network trading pair (e.g., Pi Network/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Pi Network in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Pi Network.
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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