Pi Network Pins Hopes on TOKEN2049 — Can Pi Coin Break Toward $1?

Pi Network is heading into one of its most important moments of the year. After months of disappointment following its mainnet launch, all eyes are now on the TOKEN2049 event in Singapore on October 1-2, where the Pi Core team is expected to lay out its plans. 

With founder Chengdiao Fan scheduled to deliver a keynote speech, the community is buzzing with hopes of a turning point that could push Pi Coin back toward the $1 mark.

Why TOKEN2049 Is a Make-Or-Break Moment for Pi Network

The excitement around Pi’s sponsorship of TOKEN2049 has less to do with branding and more with trust. Millions of Pi users worldwide want clearer communication from the core team. 

At this event, the community expects answers on major issues: the timeline for a public mainnet launch, upcoming protocol upgrades, and real-world use cases that could finally give Pi true utility. 

Major exchange listings are also high on the list, as years of promises without concrete action have left many users frustrated.

With Pi founder Chengdiao Fan set to deliver a keynote on October 1, expectations are higher than ever

Four Major Expectations From the Pi Core Team

The community has highlighted four key areas that could restore investors confidence in Pi network. 

• First, the upgrade to Protocol Version 23, which will bring smart contracts, stronger KYC, and better node functionality.
• Second, a transparent roadmap, with clear steps toward exchange listings and mainnet growth.
• Third, updates on the Pi App Studio, which launched with big excitement but has since gone quiet.
• And finally, clarity around the $100 million Pi Ventures fund, including where the money is going and how it supports adoption.

Pi Coin Price Analysis

Pi Coin’s price is still under pressure even after bouncing from its all-time low of $0.3223. As of now, PI is trading near $0.356, showing a slight dip compared to the previous day.

On the technical side, analysts see a converging triangle pattern forming on the daily chart. The token has tried multiple times to push above the $0.40 resistance level but keeps getting rejected. 

If PI manages a breakout, it could rise toward the $0.50 mark in the short run. But stronger momentum, backed by major exchange listings like Binance or Coinbase, could even drive Pi Coin price toward $1 by late 2025 or early 2026.