Pipe Network PIPE

What PIPE actually is on-chain

Pipe Network is an SPL token deployed on Solana, at contract address 7s9MoSt7VV1J3jVNnw2AyocsQDBdCkPYz5apQDPKy9i5. That address, not the ticker PIPE, is what uniquely identifies this asset: anyone can deploy a second token calling itself PIPE, but the contract is unforgeable. Verify it against solscan.io before sending funds or approving a spend.

On Solana the token account model means PIPE is held in an associated token account derived from the mint above, and a wallet has to be rent-funded in SOL before it can receive the token at all. Fees are a fraction of a cent, so the cost of trading PIPE is dominated by pool slippage in Raydium and Orca pools, not by gas — the opposite of the EVM case.

For PIPE the project publishes a whitepaper, a public source repository and an active account as @pipenetwork. 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 PIPE sits in the market

Pipe Network ranks #2470, in the top of the long tail, just below the band most screeners still cover, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 1 live PIPE order book (Gate.io). That is thinner coverage than a #2470 ranking would normally imply — a move on one of these books is close to the whole market for PIPE, with no deep second venue to arbitrage it back. None of the books we see for PIPE 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.

PIPE against its all-time high

PIPE is down more than 95% from its $0.2820 peak (on 2025-10-08), leaving a 26.7x 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 PIPE the informative reference is the downside, which makes the range section below more relevant than this one. That high was set about a year ago, recently enough that it still anchors how most current holders frame the asset.

PIPE across its historical range

The recorded range runs 21.5x, from $0.0131 to $0.2820 — wide by the standards of traditional assets, moderate for this one's class.

PIPE trades within -19.4% of the all-time low of $0.0131 set on 2026-01-24. 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.

PIPE supply and valuation data

Supply figures for PIPE are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $17.9 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one solscan.io reports for this contract.

What kind of asset PIPE is

Pipe Network is an infrastructure asset — the category that includes oracles, data availability, storage and physical-infrastructure networks. Demand for these is derived rather than direct: it depends on how much is being built on top, which makes revenue steadier but growth slower than in consumer-facing categories. Token value accrual is often the weakest link and is worth verifying before assuming it exists.

CoinGecko files PIPE under 5 categories, including Storage, Solana Ecosystem, DePIN, Binance Alpha Spotlight, CoinList Launchpad. CoinGecko also records deployments on Solana (3,129 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: PIPE has been featured in Binance Alpha Spotlight.

How to set a Pipe Network alert that is worth receiving

Pipe Network is the SPL token at 7s9MoS…y9i5 on Solana — quoted on 1 venue we stream — high dated 2025-10-08 — rank #2470. 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 →