Pi Network breaks through 2025: Mobile mining counterattacks the investment game behind the abnormal movement of whales on Wall Street and the ecological outbreak | Pi surge | Pi ecological outbreak | PiNetwork giant whale cashes out

Pi Network breaks through 2025: Mobile mining counterattacks the investment game behind the abnormal movement of Wall Street whales and ecological outbreaks. In the summer of 2025, when the cryptocurrency market is collectively rising, a blockchain project with nearly 10 million users is falling into a strange contradiction: on the one hand, the price surge of more than 100% per month and the prosperity of 21,000 ecological applications, while on the other hand, the shadow of 29% weekly plunge and the continuous bearish technology. Pi Network—This project, which once subverted industry awareness with "mobile mining", is standing at a critical turning point on the eve of opening the main network. --- 1. Technical breakthrough: From centralized operation and maintenance to fully decentralized architecture On July 19, Pi Network completed a landmark action: permanently shut down the central node and completely hand over network control to distributed nodes and validators. This move echoes its upcoming plan to open source all code at the Consensus 2025 Conference (Toronto), and directly points to the core spirit of Web3 - transparency and community autonomy. The core of technology upgrade lies in its improved proof of stake mechanism (IPoS). Compared with traditional PoS, IPoS designs a more transparent verification process, emphasizing point activity and real-time response capabilities. This mechanism has become an important bargaining chip for Pi to fight against public chains such as Ethereum and Solana. What is particularly worthy of developers is the seamless switching capability from the test network to the main network, which has allowed dApp deployment to get rid of technical bottlenecks and laid the groundwork for the explosion of ecological applications. Key Pivot: The open main network users exceeded 9 million, and nodes were spread all over the world; the number of validators increased by 200% in half a year, with the highest participation in Asia. --- 2. Questions about ecological prosperity and utility: Can 21,000 applications support real value? The most impressive results of the Pi ecosystem in 2025 come from Pi App Studio. Relying on AI aid tools, this zero-code development platform has allowed 34,800 ordinary users to create 21,000 applications, covering games, education, health and other fields. For example, the blockchain version of Tetris "Pi-Tris", the health assistant "Healthy Life", etc., show the potential of grassroots innovation. In order to promote application circulation, Pi launched Ecosystem Catalog Staking (EDS) in June, allowing users to pledge Pi tokens to increase application exposure. The first week of its launch attracted 16,700 users to pledge 37.7 million Pi (about 17 million US dollars), and more than 25 million Pi are still in active pledge. However, hidden worries behind the prosperity: - The application quality is uneven, and the official statement is "no review or endorsement"; - Most applications do not generate actual benefits, and user activity lacks third-party data verification; - Compared with projects such as OpenFundNet (OFNT) that provide real profit distribution, the closed loop of Pi's utility has not yet been formed. --- 3. Price mystery: Liquidity dilemma under the closed main network Although the price recorded a 100% increase in July, PI tokens have performed significantly weaker than the market in recent years: - A weekly plunge of 29%: from $0.47 to $0.435, with weak rebound momentum; - RSI continues to be low: in the 30-35 oversold range for a long time, and market sentiment is sluggish; - Lack of trading transparency: CoinMarketCap marked price data as "user provided" and lacks exchange certification. The fundamental crux of the problem lies in its closed main network architecture: 1. No mainstream exchanges are online: the existing transactions are all IOU (IOU) models and cannot be withdrawn to the Pi wallet; 2. Zero DeFi integration: does not support basic financial functions such as pledge and lending; 3. On-chain data is not disclosed: the block browser is not open, and transaction verification relies on the internal system. Comparison of Pi Network with other key indicators of ecological tokens | Projects | Current Price | Market Value | Practical Pillar | On-chain Activities | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Weekly trading volume $4.7 billion | | Treasury bond tokens (RWA) | Anchored $1 | $25.4 billion scale | US Treasury yield + institutional liquidity | Monthly growth of 5.6% | --- 4. Whale abnormal movement and open main network: signal before the market change? From July 21 to 22, an abnormal large amount of transfers was detected on the chain: - A single 11.6M Pi (about 5 million US dollars) was transferred from a certain veteran wallet; - The other two addresses were transferred 3M+ Pi, and the target address was not yet associated with a known exchange. Such actions often indicate major changes: they may be exchange listing preparations, institutional cooperation deposits, or early investors cash out. The core team previously promised to open the main network in 2025, and will unlock the staking contracts and token release mechanisms at that time, which may be the ultimate solution to the liquidity dilemma. --- 5. Opportunities for value revaluation under the RWA wave When Pi is exploring at the application level, real-world assets (RWA) tokenization is setting off a capital frenzy: in July 2025, the scale of RWA exceeded US$25.4 billion, and giants such as BlackRock and Franklin Templeton made comprehensive arrangements. Trump signed the GENIUS Act to establish a stablecoin regulatory framework, which further marks the entry of a new stage of compliance with crypto payments. If Pi can connect 9 million users with the real economy - for example through .pi domain name services, cross-border payments in Pi malls, etc., or draw on the RWA platform model of QGEX Exchange (launched in January 2026) - it will open up a real trillion-level market. --- Investment advice: Precise balance between opportunities and risks (key nodes of roadmap 2025-2026) Short-term (Q3 2025): - Closely track the quality of open source code releases of Consensus 2025 Conference (Toronto); - Verify whether the whale address trend is listed on related exchanges; Medium-term (Q4 2025): - Evaluate whether the open mainnet is launched as scheduled and the details of the pledge model; - Monitor the user retention rate and transaction income of the top 100 dApps; Long-term (2026): - Pay attention to the progress of RWA bridging and the acquisition of compliant payment licenses. The ultimate value of Pi Network does not depend on the number of 21,000 applications, but on whether it can convert 9 million users into sustainable economic units. When technological idealism meets the reality of token economics, this open mainnet battle in 2025 will determine whether it will become the next Solana-level ecological platform or a social experiment trapped in a closed garden. What investors need at this moment is the soberness that penetrates the hustle and bustle of the ecological and courage to bet on infrastructure changes. Market insight: The annual growth rate of RWA assets tokenization reaches 260%, surpassing the initial explosive power of DeFi; after the implementation of stablecoin supervision, the valuation premium of compliant payment tokens may exceed 30%.