Pi Network PI

What PI actually is on-chain

Another asset tracked on this site also uses the ticker PI: Plian (another network). These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For PI the project publishes a whitepaper, a public source repository and an active account as @PiCoreTeam. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where PI sits in the market

At #47, Pi Network sits in the middle of the large-cap band. This is the part of the table capital rotates through first: when the leaders stall, money moves down into names like PI, and when risk comes off it leaves here before it leaves the top ten. Spot spreads stay tight through both legs of that cycle; derivative funding does not, and perp basis is usually the earlier signal.

CryptoPingAi is currently streaming 3 live PI order books (OKX, Gate.io, MEXC). That is thinner coverage than a #47 ranking would normally imply — a move on one of these books is close to the whole market for PI, with no deep second venue to arbitrage it back. None of the books we see for PI are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

PI against its all-time high

PI is down more than 95% from its $2.99 peak (on 2025-02-26), leaving a 38.2x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For PI the informative reference is the downside, which makes the range section below more relevant than this one. That high was set roughly 2 years ago, recently enough that it still anchors how most current holders frame the asset.

PI across its historical range

The recorded range runs 22.8x, from $0.1312 to $2.99 — wide by the standards of traditional assets, moderate for this one's class.

PI trades within -40.3% of the all-time low of $0.1312 set on 2026-02-11. Below that mark the chart is blank — no prior trading means no support level to cite, no volume shelf and no cluster of cost basis to lean on. Because that low is itself recent, the asset is in an active downtrend rather than sitting at an old floor — each new low invalidates the previous one as a reference.

PI supply structure

PI is capped at 100.00 billion PI, of which only 10.44 billion is circulating — 10.4% issued, leaving 89.56 billion still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.

What kind of asset PI is

Pi Network is a base-layer network, so PI is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself.

CoinGecko files PI under 3 categories, including Layer 1 (L1), Made in USA, Mobile Mining. Worth flagging from the metadata: PI is tagged as US-originated.

How to set a Pi Network alert that is worth receiving

Pi Network (PI) — quoted on 3 venues we stream — high dated 2025-02-26 — rank #47. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →