Pi Network – A New Crypto Revolution on Mobile Devices

1. What is Pi Network? A Unique Operating Mechanism

Pi Network is a blockchain project launched in 2019 with the goal of helping everyday users access the crypto world without needing complex hardware. Instead of using the traditional PoW (Proof of Work) consensus mechanism like Bitcoin, Pi Network adopts the Stellar Consensus Protocol (SCP) — a decentralized, lightweight computational protocol.

A key feature of this system is the "trust circle", where each user selects 3–5 trusted individuals to form a security network. Collectively, these circles form a "Global Trust Graph", which allows transactions to be validated quickly without relying on high-powered devices or excessive electricity — a major challenge in today’s crypto ecosystem.

2. How to Mine PI and Community Participation

Unlike many crypto projects that require an upfront investment, Pi Network users can mine PI tokens entirely for free using a mobile app. Users simply need to log in daily and check in to continue earning rewards. Token earnings increase as users expand their network of trusted connections by inviting more people.

In addition to mining, users can contribute to the network’s operation by running nodes on their personal computers. This helps improve decentralization and security. As a result, Pi Network is not just a simple project — it’s building a sustainable crypto community with millions of active contributors participating daily.

3. PI Token Price Movements and Current Challenges

On February 12, 2025, the OKX exchange officially listed the PI token, marking a major step for Pi Network to enter the global crypto market. However, immediately after listing, the PI price plummeted due to heavy sell pressure from long-term holders who had accumulated tokens over several years — a common pattern in token unlock phases.

As of July 9, 2025, PI is trading around $0.46, down more than 27% over the past month. This price is nearly 7 times lower than its previous high of $3. Despite this, the Pi community remains optimistic that with ecosystem expansion and real-world applications, PI could recover and establish a significant presence in the crypto landscape.