What happened?
Pi Network’s global search interest has dropped to its lowest point in 2025, raising questions about the project’s momentum. Pi Coin IOU trading volume has significantly declined by 97% since mid-May. Despite these challenges, there is anticipation around Pi2Day on June 28, with potential updates and rumors of a Binance listing.
Who does this affect?
This situation impacts all stakeholders involved with Pi Network, including investors, developers, and community members. Investors are concerned about the declining value and interest in Pi Coin. Developers face technical hurdles and need to address these issues to maintain confidence in the network.
Why does this matter?
The decline in search interest and trading volume signals waning market confidence in Pi Network, affecting the coin’s value and adoption. If Pi Coin continues its bearish trend without substantial updates or improvements, it could lose its competitive edge in the cryptocurrency market. The outcome of Pi2Day and possible new developments will be crucial in determining its future market impact.