Pi Network News: Market Cap Tops $2.2B as Price Moves Higher After Co-Founder’s Singapore Speech

The price of Pi Network’s token, PI, gained nearly 5% in the last 24 hours, trading at $0.2711. The move followed a keynote address in Singapore by co-founder Dr. Chengdiao Fan, who spoke on how blockchain can work alongside artificial intelligence.

Market Update

PI now has a market cap of $2.23 billion. Trading volume grew 43% in one day to $41.61 million. The token moved between $0.2578 and $0.2794 in the same period. Despite this rise, PI is still down more than 90% from its February 2025 peak of $2.98.

Focus of the Speech

Dr. Fan said AI is reshaping how value is created, but also weakening the role of labor in wealth distribution. She argued that blockchain can act as a fair system for distributing this new value.

She pointed to two main areas of work for Pi:

1. Tokenizing real-world assets – Pi has built a global KYC identity system that has already verified millions of users.
2. Building new digital economies – Pi’s community of over 60 million active participants offers a base for testing and scaling blockchain and AI applications.

Dr. Fan also spoke about Pi’s AI Studio, a platform that allows users to create and launch AI-powered applications without advanced coding skills.

Reaction

The speech drew attention from Pi’s large user base and lifted sentiment around the token. The market reacted with higher trading volume and a small price increase. Analysts say that the rise reflects confidence in Pi’s plans, but also warn that long-term growth will depend on whether these tools and platforms achieve real use.