PI
Pi Network
PI

Pi Network price

in AUD
A$0.53791
-A$0.020439 (-3.67%)
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Market cap
A$4.26B #29
Circulating supply
7.89B / 100B
All-time high
A$4.645
24h volume
A$93.91M
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About Pi Network

PI is a cryptocurrency designed to make blockchain technology accessible to everyday users. Built on a decentralized network, PI aims to empower individuals by enabling secure, peer-to-peer transactions without relying on traditional banks or intermediaries. What sets PI apart is its focus on simplicity and inclusivity, allowing users to mine the coin directly from their mobile devices, making it one of the most user-friendly cryptocurrencies available. Within its ecosystem, PI can be used for trading, payments, and potentially accessing decentralized applications (dApps) in the future. Whether you're new to crypto or exploring innovative projects, PI offers a gateway to understanding and participating in the digital economy, all while prioritizing ease of use and community engagement.
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Pi Network’s price performance

Past year
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A$0.00
3 months
-57.31%
A$1.26
30 days
-22.56%
A$0.69
7 days
-9.77%
A$0.60

Pi Network in the news

CoinDesk|19 Aug 2025
Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization

The UK-regulated digital asset platform has integrated Stellar into its tokenization tool and launched the Aberdeen tokenized money market fund on the network.

CoinDesk|18 Aug 2025
Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan

The combined hashrate of the 13 U.S.-listed miners the bank tracks now accounts for a record high 33.6% of the global network.

CoinDesk|18 Aug 2025
Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says

A rising bitcoin price is seen as most favorable for Galaxy's digital assets business, while miners fight a rising network hashrate, the report said.

CoinDesk|15 Aug 2025
Stellar Lumens Holds Firm as Network Growth Set Stage for Breakout

XLM trades in a tight range with strong support at $0.42 as record wallet growth and rising total value locked fuel optimism for a push toward the $0.50 resistance — and potentially beyond.

CoinDesk|15 Aug 2025
U.S. Blacklists Crypto Network Behind Ruble-Backed Stablecoin and Shuttered Exchange Garantex

U.S. officials accused Garantex, Grinex, A7A5 token issuers and executives of laundering ransomware proceeds and evading sanctions.

CoinDesk|14 Aug 2025
Tokenization Firm Dinari to Launch L1 Blockchain, Aims to Be the 'DTCC of Tokenized Stocks'

The Dinari Financial Network will serve as a coordination layer for tokenized equities, with a group of institutions such as VanEck, BitGo and Gemini operating validators.

Pi Network on socials

Oba
Oba
Regarding the PCT's launch of the Hackathon 2025 competition, some people may not understand what the purpose of this initiative is. Here are my thoughts: The PI Hackathon 2025 is set to kick off on the 21st. I believe that PI is using this competition to select well-designed apps to be launched, similar to how a company holds a logo design contest to choose what they consider the best and most liked design, rather than randomly hiring a design firm that ends up needing constant revisions and still not being satisfied with the final product. Therefore, I think the PI Hackathon 2025 competition is very effective in rapidly developing the most useful top apps for the ecosystem. Moreover, this can be inferred from the official statement, which mentions: "Making meaningful contributions to the Pi ecosystem by building real-world applications." This implies that the hackathon is not just a competition, but also a process of screening and nurturing ecosystem projects. Rather than being a simple prize competition, it seems that PCT hopes to attract global developers through this method, quickly developing and selecting the best applications that can enhance the utility of Pi tokens, and possibly integrating these applications into its ecosystem. So, the hackathon prize of several thousand Pi actually equates to the fact that if the app is well-designed, it will definitely attract management; even if no one manages it, there is a high probability it will be bought and managed. If management is needed, liquidity will be essential, so the prize money essentially provides liquidity for these winners. Of course, there are no restrictions on how they should use this prize money, but if they can design something good, they will certainly have the intention to promote it, and in a short time, there will be a high probability of needing liquidity. So strictly speaking, believing that the prize money of several thousand Pi will be dumped on the market is less accurate than saying that this prize money will lead to the launch of apps that require a large amount of Pi tokens for utility. Thus, this competition belongs to PCT's strategy of exchanging 10,000 Pi for a market demand of 1 million Pi. Therefore, this is a competition that rapidly creates a large demand for Pi in the market, which is a common practice in the market.
Pi Network
Pi Network
Reminder: Pi Hackathon 2025 begins this Thursday, August 21! Participants should get started now to register for the hackathon and begin forming or joining teams.
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Cryptonews
Cryptonews
Why Is Crypto Down Today? – August 19, 2025
The crypto market is down today, with 92 of the top 100 coins in red over the past 24 hours. Overall, the cryptocurrency market capitalization has decreased by 0.2%, now standing at $3.96 trillion. At the same time, the total crypto trading volume is at $154 billion. TLDR: 92 of the top 100 coins are red today; 3 of the top 10 coins turned green in 24 hours, with BNB at the top; BTC and ETH fell by less than 1% each to $115,118 and $4,237, respectively; Investors are preparing for the US Fed Chair Jerome Powell’s speech this Friday; Traders are bracing for a volatile end to August; US Fed hawkish stance could lead to a rapid correction in digital assets; Both US BTC and ETH ETFs saw outflows on Monday; Investor confidence is down, but bull sentiment persists. Crypto Winners & Losers At the time of writing, three of the top 10 coins per market capitalization have increased over the past 24 hours, while five are down (not taking the two stablecoins into account). Bitcoin (BTC) is unchanged over the past day, now trading at $115,118. This is the smallest decrease in this category, with 0.1%. At the same time, Ethereum (ETH) dropped 0.7%, now trading at $4,237. Binance Coin (BNB) is up the most today: 1.3% to the price of $843. It’s followed by XRP (XRP) and Cardano (ADA) with increases of 1.3% and 0.9%, now trading at $3 and $0.9223. Solana (SOL) dropped the most in this category: 1.1% currently changing hands at $179. Looking at the top 100 coins, eight recorded increases. OKB (OKB) and Provenance Blockchain (HASH) are up the most, having appreciated 9.8% and 9.3% to $124 and $0.02913, respectively. On the other hand, Arbitrum (ARB) fell the most: 6% to $0.4931. It’s followed by Pi Network (PI), with a 5.9% drop, changing hands at $0.3519. Investors are keeping an eye on several key events coming this week. For the crypto market, a significant one is the US Federal Reserve Chair Jerome Powell’s speech this Friday at the Jackson Hole Symposium, an annual gathering of the world’s central bankers. The markets will seek to learn if the Fed is on its way to cut the lending rate at the next policy committee meeting in September, as many expect. Last month, Powell said the central bank needed additional data on the impact of tariffs on inflation before making a decision. Nick Forster, founder at onchain options platform Derive.xyz, commented that expectations for a Fed rate cut in September have “dropped sharply.” Therefore, traders are now re-positioning ahead of Powell’s Friday speech. “If Powell signals a continued hawkish stance, we could see a rapid correction in digital assets, particularly for BTC and ETH,” Forster says. Moreover, over the past “turbulent” 24 hours, the crypto market saw over $270 million in liquidations, led by $170 million in ETH and $104 million in BTC. 95% of these were longs, triggered by moderate pullbacks of 3% for ETH and 2% for BTC, Forster said. Source: Derive.xyz, Coinglass Forster continued: “In response, short-dated (7-day) ETH implied volatility spiked from 68% to 73% in the last 24 hours, while 30-day IV remains stable – a sign that markets expect heightened volatility in the immediate term.” Source: Derive.xyz, Amberdata Meanwhile, the chance of BTC hitting $100,000 before the end of September rose from 15% to 21%. Also, the chance of ETH hitting $4,000 in the same period rose from 45% to 60%. “Traders are bracing for a volatile end to August, with all eyes on Jackson Hole,” Forster concluded. Levels & Events to Watch” Next At the time of writing on Thursday morning, BTC trades at $115,118. Earlier in the day, it fell to the week’s low of $114,740. It recuperated to $116,996, aiming for the $117,000 mark, before returning to the current level. It’s currently down 7.3% from its all-time high of $124,128 hit five days ago. The charts signal uncertainty, with possible swings either way. Ethereum also saw quite a choppy day of trading. It is currently trading at $4,237. Its intra-day was $4,204, while the day’s high stands at $4,382. This is compared to the 7-day range of $4,180 at the lowest point and the intraweek high of $4,776. Furthermore, the highest point reached over the past week is $4,776. The price will attempt to rise back to this level, per analysts. Should it hold it, it may finally fit a new ATH soon. Furthermore, the crypto market sentiment continues dropping, but it still remains in the neutral zone. The crypto fear and greed index fell from 56 yesterday to 53 today. This signals that the risk appetite is decreasing at the moment. That said, while the trader confidence is down, it’s still present, and the bullish sentiment persists. Meanwhile, the US BTC spot exchange-traded funds (ETFs) continued with outflows on Monday. By the end of the trading day, another $121.81 million bled out of the funds. While Bitwise recorded inflows of $12.66 million, BlackRock and Ark&21Shares lost $68.72 million and $65.75 million, respectively. On the same day, the US ETH ETFs also lost $196.62 million. The cumulative total net inflow now stands at $12.47 billion, as of 18 August. Six of the nine funds recorded flows, all of them negative. The highest among these is BlackRock’s $87.16 million, followed by Fidelity’s $78.4 million. Meanwhile, US (Illinois) Governor JB Pritzker signed two new bills to regulate crypto activity in the state and criticised US President Donald Trump’s approach to digital assets. “While the Trump Administration is letting crypto bros write federal policy, Illinois is implementing common-sense protections for investors and consumers,” Pritzker said. While Trump lets crypto bros write federal policy, Illinois is implementing common-sense protections for investors and consumers. Today, I've signed into law first-of-their-kind safeguards in the Midwest for cryptocurrency and other digital assets. We won't tolerate fraudsters.— Governor JB Pritzker (@GovPritzker) August 18, 2025 Speaking of the US and regulation, the US Treasury has called on the public to provide feedback required by the GENIUS Act on how the government could help prevent “illicit finance risks” tied to digital assets. Today, Treasury issued a Request for Comment required by the GENIUS Act, which furthers the Administration’s policy of supporting the responsible growth and use of digital assets, as outlined in President Trump’s Executive Order on “Strengthening American Leadership in Digital…— Treasury Department (@USTreasury) August 18, 2025 “This request for comment offers the opportunity for interested individuals and organizations to provide feedback on innovative or novel methods, techniques, or strategies that regulated financial institutions use, or could potentially use, to detect illicit activity involving digital assets,” the U.S. Treasury states. Quick FAQ Why did crypto move with stocks today? Both the crypto and the stock markets have largely decreased over the past day. By Monday’s closing time, the S&P 500 was down by 0.010%, the Nasdaq-100 increased by 0.0071%, and the Dow Jones Industrial Average fell by 0.076%. Investors are preparing for the Fed Chair speech this week, as well as a series of retail sector earnings reports that will show tariff impacts and consumer spending. Is this dip sustainable? The current dip is still within the range predicted by analysts as possible before the next leg up in the mid- to long-term. That said, the markets are paying close attention to the incoming macroeconomic signals. You may also like: (LIVE) Crypto News Today: Latest Updates for August 19, 2025 The crypto market continues to be in slight bearish mode as Bitcoin slipped below $115,000 and Ethereum fell under $4,200, contributing to over $400 million in liquidations in the past 24 hours. Most sectors saw declines, with DeFi and Meme tokens dropping more than 2%, while the PayFi sector remained relatively resilient. Despite the broader downturn, OKB and POL bucked the trend with notable gains. But what else is happening in crypto news today? Follow our up-to-date live coverage...
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Pi Network
Pi Network
Reminder: Pi Hackathon 2025 begins this Thursday, August 21! Participants should get started now to register for the hackathon and begin forming or joining teams.
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Pi Network FAQ

Currently, one Pi Network is worth A$0.53791. For answers and insight into Pi Network's price action, you're in the right place. Explore the latest Pi Network charts and trade responsibly with OKX.
Cryptocurrencies, such as Pi Network, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Pi Network have been created as well.
Check out our Pi Network price prediction page to forecast future prices and determine your price targets.

Dive deeper into Pi Network

Deposit and trade to earn a share of the 500,000 $PI prize pool! View the PI Network's Trade and Earn event.

Key Takeaways

  • Pi Network is the pioneer of mining apps. The team, as early as 2019, allows users to use smartphones to mine, just click once a day to get PI coins. They have become one of the most popular money games in the world.
  • Pi by itself is used by people around the world to facilitate their local business transactions. There are many stores accepting Pi as a payment for goods and services, while people can use Pi to buy such goods and services.
  • In addition to app-level utility, Pi also has platform-level utility, namely converting Pi’s collective resources, such as attention of the whole network and the collective CPU of the computer nodes, into utility of Pi.

About Pi

PI is the native currency of the Pi Network. Pi Network is a smartphone app-based platform for mining crypto. The platform aims to lower the barrier to crypto adoption by allowing individuals to mine directly from their device, rather than using conventional mining hardware.

The project also has wider utility beyond mining. It aims to scale trust across the web through its Stellar Consensus Protocol (SCP) and the introduction of security circles — small trusted groups of users called "Pioneers" — in the ecosystem. Users can also make transactions across the network, while a social media channel embedded in the app aims to democratize the influence seen on traditional social platforms and create an attention marketplace.

How does the Pi Network work?

The SCP and Federated Byzantine Agreement (FBA) algorithm underpin the network's consensus mechanism. This mechanism is fundamental to the network's mining method. The SCP uses FBA to validate updates made to the distributed ledger. The protocol is seen as an alternative to Proof of Work — used by Bitcoin — and is an attractive option because it has zero energy wastage.

The platform's mining mechanism is designed to incentivize users to contribute to the network through meritocracy and be rewarded in return.

Pi Network price and tokenomics

The total supply of PI is capped at 100 billion PI. Of this total, 80% will be distributed to the Pi community, with the remaining 20% assigned to Pi core team members. The core team's allocation can only be unlocked at the same rate as the community's allocation. So, if 30% of the community's allocation is in circulation, the core team can only unlock 30% of its supply. Meanwhile, the 80% community supply is further divided. Sixty five percent of the token supply is allocated to past and future user mining rewards, with 10% allocated to community organization and ecosystem development. Meanwhile, 5% is allocated to a project liquidity pool.

Local commerce utility

Pi by itself is used by people around the world to facilitate their local business transactions. There are many stores accepting Pi as a payment for goods and services, while people can use Pi to buy such goods and services.

During a local commerce social event in December 2023, people submitted over 21,000 participants with images of local businesses offering or willing to offer their goods and services in Pi.

App-level utilities

Pi has a developer platform that allows third-party developers to develop web apps in any computer languages integrating Pi SDK to interact with Pi blockchain. The platform also provides traffic for these Pi apps to bootstrap their usage and iterate their products. The Enclosed Network was designed to help the community create app-level utilities (Pi apps) that contain real use cases of Pi. Currently there are over 70 Pi-apps that integrate Pi as the only payment method and are on Mainnet or Mainnet ready. Pi Apps range from e-commerce and marketplaces to labor and intellectual property exchanges, from local commerce integration for payments to games and education, etc.

One example is their own KYC app where users use Pi to pay for their KYC verification provided by the labor of KYC human Validators in addition to AI, which, in turn, boost the utility of Pi tokens in the ecosystem. The KYC app is a scalable Pi-native solution that covers almost all geolocations where our users reside and without any fiat cost for the users to verify their identity before migrating to the Pi Mainnet as part of the requirement. Currently, over 15 million Pi users have submitted their documents and passed Pi KYC through this app.

Platform level utilities

In addition to app-level utility, Pi also has platform-level utility, namely converting Pi’s collective resources, such as attention of the whole network and the collective CPU of the computer nodes, into utility of Pi. The first instantiation of this type of utility is the Pi Ad Network that has been released and has onboarded a few Pi apps. In the Pi Ad Network, advertisers will need to acquire Pi from the market to pay for their ads on various Pi apps which will receive traffic from the Pi platform, and developers in PI ecosystem displaying ads from Pi Ad Network will be paid in Pi.

De-Fi apps after Open Network

Pi Blockchain, after Open Network, can support any type of typical crypto use cases, including DEX, NFTs, AMMs, and more. Such utility will only be possible after Open Network when external connectivity is possible.

About the Pi Network founders

Pi Network was founded by Chengdiao Fan, the project's Head of Product, and Nicolas Kokkalis, Head of Technology. Both Stanford PhD graduates, the pair set out to address key hurdles to crypto accessibility and adoption through the platform. The project was launched on March 14, 2019 — Pi Day, which commemorates the mathematical sign pi — and has grown to be a community of tens of millions of members.

How to Start Playing Pi Network

Embarking on your Pi journey is simple and intuitive. Here’s how to get started:

  • Download the PI app from either the Apple Store or Play Store and create an account.
  • Once your PI account is set up, you can start clicking the "Lightning" button on the right side of the screen to prove your daily attendance on the pi network platform. In addition, you can also use manual clicking to prove that you are a real person and not a robot.
  • After clicking the lightning button, the system will automatically start mining to earn Pi coins, and then the system will display your current mining speed, mainly including the hourly output value of Pi coins; in addition, it will also tell you that after 24 hours, remember Come back and click the "Lightning" icon again to avoid mining interruptions

Converting and Withdrawing PI Coins

After you earn a certain number of PI coins, the next step is to exchange and withdraw them. Pi Network allows players to migrate Pi coins earned from the PI app to the mainnet

Mainnet Migration

You can click the Mainnet option in the PI app, follow the system prompts to perform KYC, download the PI Browser app, create a PI wallet, confirm your PI wallet, and set a locking commitment. In this way, the PI you earn can be migrated to the main network, so that your PI coins can be exchanged with other public blockchain tokens.

Selling Tokens on Exchanges

Once Pi coin are listed, they can be sold on supported cryptocurrency exchanges. The Pi network team aims to clean up bot accounts before the token listing to maintain ecosystem integrity. Understanding the token selling process beforehand can help Pioneer users take advantage of potential price pumps when Pi coin are listed.

Community Engagement and Social Media Presence

Pi Network has grown to over 60 million engaged users worldwide and 200,000+ computer nodes on Testnet (to be migrated to Mainnet after Open Network) collectively estimated to possess over 1 million CPUs. The growth of such a massive blockchain network is the basis for creating true utility of Pi as part of our strategy from the beginning.

Official Channels

Real-time updates and community engagement primarily occur through the official Twitter. Pi network also utilizes a YouTube channel for educational and promotional videos, ensuring that users stay informed and engaged. These official channels are crucial for keeping up with the latest developments and finding valuable tips and tricks.

Engaging with the Community

Through interactive Fireside content, where users can read new content, and multilingual chats, Pi network fosters community engagement, offering players multiple ways to interact. Users contribute to the app’s growth through feedback and community initiatives, making their participation crucial to the game’s ongoing development.

Engaging with the community not only enhances the gaming experience but also provides valuable insights and support.

Future Developments and Roadmap

The PI network plan will enter the main network open network stage after meeting the established conditions. There is no specific timetable, but according to current progress, market speculation will be by the end of 2024. By then, the $PI that has entered the PI main network will be freely exchangeable with tokens from other public blockchains.

Planned Features

Pi Network has a three phase roadmap.Phase III is split into two parts: Enclosed Network (current) and Open Network.

  • Phase I: Beta

In December 2018, Pi publicly listed the mobile app on the major app stores as an alpha prototype that onboarded the initial Pioneers. On Pi Day, March 14, 2019, the original Pi Whitepaper was published, marking the official launch of Pi Network.

  • Phase II: Testnet

This phase started on March 14, 2020, marking another critical preparation to the transition to a decentralized blockchain—a live Testnet with distributed nodes from all over the world. Pi Testnet, along with the accessible Node software, not only enabled the testing of blockchain but also initiated decentralized building efforts by the community to create utilities using Test-Pi.

  • Phase III: Enclosed Mainnet

This period began in December 2021. The Enclosed Network period means that the Mainnet is live but with a firewall that prevents any unwanted external connectivity. Pioneers will be able to take time to KYC and migrate their Pi to the live Mainnet blockchain while the community builds apps and utilities on the Enclosed Mainnet for the network.

  • Phase III: Open Mainnet

The Open Network period will begin depending on the maturity of the Enclosed Network ecosystem and the progress of the network’s KYC. Open Network means that the firewall in the Enclosed Network period will be removed, allowing any external connectivity, e.g., to other networks, wallets, and anyone who wants to connect to Pi Mainnet.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
A$4.26B #29
Circulating supply
7.89B / 100B
All-time high
A$4.645
24h volume
A$93.91M
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