Pi Network、$PI 和 CoinMarketCap：應對挑戰和未來前景

分析 Pi Network 的近期表現、即將進行的升級及其在 CoinMarketCap 上的地位，探討其面臨的挑戰和未來復甦的潛力。

Pi Network, $PI, and CoinMarketCap: Navigating Challenges and Future Prospects

Pi Network、$PI 和 CoinMarketCap：應對挑戰和未來前景

Pi Network faces market instability, with $PI's CoinMarketCap ranking dropping. Despite challenges, upcoming upgrades and a large user base offer hope for recovery.

Pi Network 面臨市場不穩定，$PI 的 CoinMarketCap 排名下降。儘管面臨挑戰，即將到來的升級和龐大的用戶群為複蘇帶來了希望。

Current Market Position

目前的市場地位

Recently, Pi Network's native cryptocurrency, $PI, has experienced a downturn, reflected in its drop to 57th position on CoinMarketCap. This decline mirrors broader crypto market challenges, including macroeconomic uncertainty and regulatory developments.

最近，Pi Network 的原生加密貨幣 $PI 經歷了低迷，其在 CoinMarketCap 上的排名跌至第 57 位。這種下降反映了更廣泛的加密市場挑戰，包括宏觀經濟不確定性和監管發展。

While many cryptocurrencies have faced price corrections, Pi Network's situation is noteworthy given its ambitious goals and substantial user base. The lack of major exchange listings and delays in the open mainnet deployment are key contributing factors to its diminished market capitalization and reduced trading volume.

儘管許多加密貨幣都面臨價格調整，但鑑於 Pi Network 雄心勃勃的目標和龐大的用戶基礎，其情況值得注意。主要交易所上市的缺乏和開放主網部署的延遲是導致其市值下降和交易量減少的關鍵因素。

Community Sentiment and Development Updates

社區情緒和發展動態

The Pi Network community, built around the mobile mining concept, has shown signs of concern. Frustration is growing due to price stagnation and uncertainty about the project’s future. The core development team's relative silence has added to these worries, as clear communication about market strategy and ecosystem expansion is lacking.

圍繞移動挖礦概念建立的 Pi Network 社區已經表現出了擔憂的跡象。由於價格停滯和項目未來的不確定性，人們越來越沮喪。由於缺乏關於市場戰略和生態系統擴展的清晰溝通，核心開發團隊的相對沉默加劇了這些擔憂。

On a brighter note, developers are actively testing the Protocol v23 upgrade, which could pave the way for a full mainnet rollout potentially by late 2025. This upgrade aims to bring faster transactions, smoother scalability, and improved developer tools, addressing long-standing community expectations.

更光明的一點是，開發人員正在積極測試協議 v23 升級，這可能為 2025 年底全面推出主網鋪平道路。此次升級旨在帶來更快的交易、更流暢的可擴展性和改進的開發人員工具，滿足社區長期以來的期望。

Technical and Strategic Challenges

技術和戰略挑戰

Several technical and strategic hurdles remain for Pi Network:

Pi Network 仍面臨一些技術和戰略障礙：

• Mainnet Launch Delays: The open mainnet is not yet fully deployed, restricting accessibility and tradability.
• Exchange Listings: The absence of listings on major exchanges limits visibility and liquidity.
• Regulatory Clarity: Pi Network needs to ensure compliance and transparency amid tightening global regulations.

The Promise of Protocol v23

v23 協議的承諾

The v23 release integrates Stellar Core v23.0.1, enhancing scalability and transaction throughput. This upgrade includes a Rust-based Software Development Kit (SDK), akin to Stellar’s Soroban toolkit, empowering developers to write and deploy smart contracts more efficiently, potentially expanding the Pi ecosystem beyond simple mining apps.

v23版本集成了Stellar Core v23.0.1，增強了可擴展性和交易吞吐量。此次升級包括基於 Rust 的軟件開發套件 (SDK)，類似於 Stellar 的 Soroban 工具包，使開發人員能夠更有效地編寫和部署智能合約，從而有可能將 Pi 生態系統擴展到簡單的挖礦應用程序之外。

Market Performance and Future Outlook

市場表現及未來展望

Despite progress on the development front, $PI's price action has been underwhelming. The token has been trading sideways, reflecting bearish pressure. However, analysts suggest that the upcoming upgrade, combined with potential buyback mechanisms, could stabilize the market. The underlying strength of Pi Network—its massive user base and active development—positions it as a project to watch.

儘管在開發方面取得了進展，但 $PI 的價格走勢卻一直平淡無奇。該代幣一直橫盤整理，反映出看跌壓力。然而，分析師表示，即將到來的升級，加上潛在的回購機制，可能會穩定市場。 Pi Network 的潛在優勢——其龐大的用戶基礎和積極的開發——使其成為一個值得關注的項目。

Long-Term Strengths

長期優勢

Despite short-term setbacks, Pi Network has notable strengths:

儘管遭遇短期挫折，Pi Network 仍具有顯著的優勢：

• Large User Base: A strong foundation for future adoption.
• Mobile Accessibility: The mobile-first mining model remains unique and inclusive.
• Vision for Web3: Emphasis on verified identity, decentralized governance, and real-world utility aligns with emerging trends.

Final Thoughts

最後的想法

Pi Network's journey is a rollercoaster, isn't it? From promising to redefine digital currency to facing market turbulence, it’s been quite the ride. While the fall to 57th place on CoinMarketCap is a bit of a bummer, the core principles and community support offer a path forward. If the development team can pull a rabbit out of their hat and address market concerns, who knows? $PI might just reclaim its spot in the crypto limelight. Keep your eyes peeled, folks!

Pi Network 的旅程就像過山車，不是嗎？從承諾重新定義數字貨幣到面對市場動盪，這是一段相當漫長的歷程。雖然在 CoinMarketCap 上跌至第 57 位有點令人遺憾，但核心原則和社區支持提供了前進的道路。如果開發團隊能夠變出兔子來解決市場問題，誰知道呢？ $PI 可能會重新回到加密貨幣的聚光燈下。各位，請擦亮眼睛！