
Dr Altcoin says Pi Network may need five more years before becoming a true peer-to-peer currency due to infrastructure gaps.
With 95% of users holding under 1,001 PI and limited real-world use cases, Pi’s path to value and adoption remains uncertain.
In a recent post on X, prominent crypto analyst Dr Altcoin shared his long-term outlook on Pi Network’s future, suggesting it may take at least five more years before PI becomes usable as a global peer-to-peer currency.
While he acknowledged Pi Network’s potential, the expert stressed that it still lacks the critical infrastructure needed to establish sustainable economic value.
Pi Network Still Lacks Real-World Use Cases
Dr Altcoin pointed out that Pi Network must establish real-world use cases and partner with actual businesses and services where users can spend PI tokens.
Without utility, PI’s price will not gain lasting value, the analyst warned.
Pi Coin is not listed on major exchanges like Binance, limiting its external liquidity. Most use cases remain restricted to community-run marketplaces within the network’s internal ecosystem.
Furthermore, the lack of full live smart contract support and concerns about centralized control and limited transparency are key hurdles in Pi’s development.
PI Price Volatility Is a Major Concern
Dr Altcoin emphasized that PI is not yet stable like major fiat currencies such as the U.S. dollar. For widespread adoption in everyday transactions, price stability is essential.
- On February 20, 2025, the Open Mainnet launch saw PI close at $0.8662.
- Within six days, the price surged by 2,902%, but dropped over 81.47% by April 4.
- Since March 13, PI has mostly traded between $1.7930 and $0.4027.
- On May 12, the coin attempted a breakout, but selling pressure brought it down by May 14.
As of yesterday, PI touched a low of $0.4019 but has since bounced back, rising 5.4% to $0.5822 in the last 24 hours.
95% of Pi Network Users Hold Less Than 1,001 PI
Another key point raised by Dr Altcoin is the concentration of small holders:
Around 95% of Pi users hold less than 1,001 PI tokens.
He noted that for Pi to have meaningful utility, the price must rise so these small balances can hold real-world value. But that’s challenging, especially considering:
- PI price has dropped 33.2% in the last 30 days.
- It’s down 7.3% in just the past week.
- The current price is nearly 80% below its all-time high.
Conclusion: Pi Network’s Journey Needs Time and Trust
Dr Altcoin concluded that mass adoption of Pi Network will take time. He believes it will require:
- Price stability
- Trust-building
- Real-world utility
That said, Pi Network already has a strong foundation with over 60 million users (Pioneers) globally. Its free mobile mining model, low barrier to entry, and backing by a Stanford PhD-led team give it an edge.If the core team can address current gaps, Pi Network could emerge as a powerful decentralized ecosystem in the next few years.
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FAQs
Crypto analyst Dr. Altcoin suggests it may take at least five more years for Pi Network to become a usable global peer-to-peer currency due to current infrastructure limitations.
PI’s price experienced extreme volatility, including a 2,902% surge then an 81.47% drop, and has since traded widely, indicating instability that hinders widespread adoption.
Currently, most of Pi Network’s use cases are restricted to internal community-run marketplaces, lacking integration with external businesses and services for real-world spending.