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.
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.
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:
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.
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.
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