The main dishes to remember:
- The world interest in research for the PI network fell to its lowest 2025 point.
- The volume of trading Pi Coin Iou collapsed by 97% since mid-May.
- Technical obstacles remain, Pi Coin always locked up in a downward trend almost $ 0.637.
The world interest in research in the PI network fell to its lowest level of 2025, raising new questions about the momentum of the project a few weeks before its flagship event, PI2day, June 28.
According to Google Trends, the interest of research for the “PI network” is now a score of only 5, lower than the levels observed before the launch of the closed maint of the network.
The data, which shows that interests culminated in March 2025, reports the drop in public interest in the network after its long -awaited launch of its principal, nicknamed the “open network” in February.
Pi coin iou trading collapses that market interest fades
The sharp drop in visibility comes next to a collapse of commercial activity against coins on unofficial markets.
The daily volume has increased from more than $ 2 billion in mid-May to only $ 56 million in June 4, an astounding drop of 97%.
Despite the slowdown, some in the community hope that the PI2 – an annual celebration linked to the birthday of Elon Musk – could offer a turnaround.
In an article on X, alerts from the PI network have told subscribers that major updates arrive for PI2day, mass migration should start in the coming days.
Speculation around a potential binance list has also fueled chatter.
Cryptoleakvn said: “Hot Rumour: Binance could indicate Pi Coin on Pi2 day (June 28)? So true, it could mark a historic step for the PI network! ” There was no confirmation of Binance or the Pi Core team.
Behind the scenes, some developers warn that technical obstacles remain.
DIMAS NAWAWI, a vocal pi contributor, warned that the PI nodes always require protocol upgrades and that the main team has not yet selected the nodes for MAINNET.
He noted that only dozens of main nodes are currently active on more than 200,000 loans for deployment.
Nawawi also stressed that the execution of smart contracts will require an update on at least version 20 of the protocol.
He criticized recent basic campaigns by pushing for an immediate global conversion value (GCV), arguing that the GCV should be carried out thanks to appropriate development rather than an emergency focused on the community.
Unless the Pi Core team provides clear progress this month, the risks of PI2day fall flat – adding growing doubts as to whether the Pi Coin Pi Coin Mainnet will never be launched.
Pi corner that the struggles persist while the exchanges of pi near stockings
Pi Coin continues to cope with the down pressure, the token hovering around $ 0.637 at the time of the press.
The wider trend remains low, as shown in the one hour table, where PI has been locked in a persistent decrease trend since April, without attempts at significant inversion.
The Bollinger bands are tightening, reflecting reduced volatility, while RSI is at a lower 33.51 drop – suggesting that the momentum remains downward.
The 5 -minute graph shows a clearer intrajournial drop below $ 0.64 earlier during the day, with RSI briefly affecting 25.93, indicating conditions of occurrence before a modest rebound.

However, no sustained optimistic monitoring has emerged and MacD remains in negative territory.
On the one -minute graph, a minor recovery is visible with RSI at 48.48 and MacD turning slightly positive, but this short -term increase is not yet supported by a strong volume.
The key resistance is now near the Mid-Bollinger band from $ 0.647 to $ 0.65.
The fact of not recovering this level would keep vulnerable to additional drops. The next support area is almost $ 0.62 to $ 0.625, a region tested several times in the past two weeks.
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