隨著備受期待的生態系統活動未能激發其持有人，PI網絡的價格本周越來越多。

3月15日星期四，Pi Coin（PI）下跌至0.8115美元，比本週最高點下降了47％，低於其歷史最高高點70％。

The price of Pi Network (PI) has dropped this week as the much-anticipated ecosystem event failed to excite its holders.

由於備受期待的生態系統活動未能激發其持有人，因此PI Network（PI）的價格已下跌。

Pi Coin (PI) dropped to $0.8115 on Thursday, March 15, down 47% from its highest point this week and 70% below its all-time high. Its market cap has plunged from a record $19 billion in February to $6.31 billion as of May 15.

3月15日星期四，Pi Coin（PI）下跌至0.8115美元，比本週最高點下降了47％，低於其歷史最高高點70％。截至5月15日，其市值從2月的創紀錄的190億美元跌至63.1億美元。

Pi dropped after the developers announced the launch of Pi Ventures, which will invest $100 million in startups. It will focus on areas like fintech, artificial intelligence, e-commerce, gaming, and other areas.

在開發商宣布推出PI Ventures之後，PI下降了，該Ventures將投資1億美元。它將集中在金融科技，人工智能，電子商務，遊戲和其他領域等領域。

This article explores four key catalysts that could boost Pi Network's price in the near term.

本文探討了四個關鍵的催化劑，可以在短期內提高PI網絡的價格。

1. From centralization to decentralization

1。從集中化到權力下放

One potential catalyst is the migration from a centralized structure to a fully decentralized network. Pi Network currently operates as a "Semi-DAO," where the core team retains significant decision-making power.

一種潛在的催化劑是從集中式結構遷移到完全分散的網絡。 PI網絡目前是“半DAO”，核心團隊保留了重要的決策能力。

The team controls billions of tokens, which poses a risk to the network if they decide to offload holdings onto the market. As shown below, the Pi Foundation holds over 70 billion tokens—yet little is known about the foundation or its members.

團隊控制著數十億個令牌，如果他們決定將持有量卸貨的市場構成風險，這會給網絡帶來風險。如下所示，PI基金會擁有超過700億個令牌 - 但對基金會或其成員的了解知之甚少。

A formal proposal to transition Pi Network into a fully decentralized blockchain would likely be welcomed by investors.

將PI網絡轉變為完全分散的區塊鏈的正式建議可能會受到投資者的歡迎。

2. Pi Network token burns

2。 PI網絡令牌燒傷

Another potential catalyst lies in improving Pi's tokenomics. Currently, the network is on track to release millions of new tokens into circulation each month over the next several years.

另一個潛在的催化劑在於改善Pi的令牌學。目前，該網絡有望在未來幾年內將數百萬個新令牌發佈到每個月中。

Data shows that the total unlocks in the next 12 months will be 1.475 billion, or about 122 million a month. Token unlocks lead to more supply, which may hurt the price, especially when there is no demand.

數據表明，未來12個月的總解鎖將為147.5億，每月約為1.22億。令牌解鎖會導致更多的供應，這可能會損害價格，尤其是在沒有需求的情況下。

A possible solution would be to initiate token burns to counterbalance supply growth. For example, Vitalik Buterin famously burned Shiba Inu (SHIB) tokens worth over $6.7 billion in 2021, a move that positively impacted SHIB's tokenomics and sentiment.

一種可能的解決方案是發起令牌燃燒以平衡供應增長。例如，維塔利克·布特林（Vitalik Buterin）在2021年燒毀了價值超過67億美元的Shiba Inu（Shib）令牌，這一舉動對Shib的標記和情感產生了積極影響。

3. Pi Coin exchange listings

3。 PI硬幣交換清單

Despite its large user base, Pi Coin is currently listed on only a handful of exchanges, including OKX, Bitget, MEXC, and Gate. Major platforms like Binance, Coinbase, Upbit, and Kraken have yet to list it.

儘管使用了龐大的用戶群，但Pi Coin目前僅在少量交易所上列出，包括OKX，BITGET，MEXC和GATE。 Binance，Coinbase，Upbit和Kraken等主要平台尚未列出。

The reasons remain unclear, though analysts have cited concerns over centralization. A major exchange listing would likely trigger a parabolic price move, as seen with tokens like Orca and Alpaca. Alpaca jumped by over 2,300% after it was listed on Binance, while Orca soared by 200% after its Upbit listing.

原因尚不清楚，儘管分析師引用了對集中化的擔憂。正如Orca和羊駝等令牌所看到的那樣，主要的交換清單可能會引發拋物線價格轉移。羊駝在二元上列出後躍升了2300％以上，而Orca在其上市後飆升了200％。

4. Ecosystem growth

4。生態系統增長

Another reason Pi Network's price has struggled is its lack of real-world utility since the mainnet launch. While the ecosystem boasts over 100 mainnet-ready applications, few have gained mainstream traction.

PI Network的價格掙扎的另一個原因是，自主網發布以來，它缺乏現實世界的實用程序。儘管生態系統擁有超過100個主網的應用程序，但很少有人獲得主流牽引力。

The launch of Pi Network Ventures is a positive step, but building widely adopted applications will require significantly more effort. History shows that ecosystem funds alone are not enough to ensure adoption.

PI Network Ventures的啟動是一個積極的一步，但是建立廣泛採用的應用程序將需要更多的努力。歷史表明，僅生態系統基金不足以確保採用。

For example, Kadena, which launched a $100 million fund in 2022, has not gained market share in the industry. Similarly, Velas token has crashed, giving it a market cap of $2.5 million despite launching a $100 million grants program.

例如，卡迪納（Kadena）在2022年推出了1億美元的基金，但在該行業尚未獲得市場份額。同樣，維拉斯令牌也崩潰了，儘管發起了1億美元的贈款計劃，但它的市值為250萬美元。

Therefore, in addition to the fund, Pi Network will need to do more work to ensure that its apps are popular.

因此，除了基金之外，PI網絡還需要做更多的工作以確保其應用程序流行。