Pi Network price prediction 2025 - 2030 after the mainnet launch

The price of Pi Network (PI) token has sunk since the mainnet launch in February this year, leading to substantial losses to pioneers and other investors. It has dropped from $3 in February to $0.6350, with its valuation crumbling from over $15 billion to $4 billion.

However, the good news is that the token may surge soon as the Pi Network developers announced that they will have a major ecosystem announcement at the Consensus event in Toronto on Tuesday, May 14th.

What to expect in the Pi Network ecosystem announcement

It is not clear what to expect in this announcement but there is a likelihood that the Pi Network price will jump ahead of the news. Indeed, it was up by over 10% on Thursday morning as the hype started.

A potential announcement could be an ecosystem fund like other top players in the crypto industry have done. Such a fund will provide developers with the financial resources they need to continue building their applications.

Another likely announcement will be the potential exchange listing by one or more large companies. A potential listing could come from Huobi (TokenPocket) which has been teasing of doing so through a series of cryptic posts on X.

Such a listing may be possible since Pi Network’s founder attended last week’s Token2049 event, where Justin Sun was a top speaker. Sun, a top Huobi advisor, will also be a speaker at the Consensus event in Canada.

Pi Network may also announce a large partnership with other companies in the crypto or financial services industries.

Pi Coin exchange listings

The other reason why the Pi Network price may surge soon is that one or more tier-1 crypto exchanges may decide to list it in the near term.

Exchanges have been wary to list Pi in the past few months for a few reasons. First, there are concerns about its tokenomics, which favor insiders. Second, an exchange like Bybit is biased against listing Pi, which it claims is a scam.

Further, there are concerns about its low liquidity since the daily volume in existing exchanges has been weak. CoinMarketCap data shows that the volume has moved below $100 million. Exchanges may also be concerned about it centralization as insiders own over 35 billion of the 100 billion tokens.

However, many of the top-tier crypto exchanges will likely review Pi Network before their eventual listing. This process often takes time since thousands of new tokens are released daily.

Pi Network may also be doing the Know Your Business (KYB) on exchanges before it announces a listing.

Pi Network price technical analysis

The other potential catalyst for the PI price is that its technicals are improving. The chart shows that it has been in a consolidation phase in the past few weeks.

This consolidation may be part of the accumulation phase of the Wyckoff Theory, which is characterized by low volume and sideways price movement. All an asset needs in this phase is a spark, and then it will enter the markup phase, which is characterized by Fear of Missing Out (FOMO) and parabolic moves.

The other technical catalyst is that Pi Network’s Bollinger Bands have narrowed this year, which may lead to a squeeze in the near term. Most importantly, it has formed a falling wedge pattern, which is characterized by two descending and converging trendlines. A bullish breakout usually happens when the two lines converge, which has happened.

Therefore, all these catalysts will likely push it significantly higher in the coming weeks, with the initial target being at $1.