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Pi Network

PI
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Pi Network (PI)

What is Pi Network?

Pi Network is a social cryptocurrency and developer platform designed to make digital currency mining accessible to everyday people through mobile devices. The project aims to build a widely distributed currency that facilitates transactions for real-world goods and services rather than purely speculative trading. Its main value proposition is a mobile-first mining system that allows users to earn rewards on their phones without requiring specialized hardware, draining battery life, or using excessive data. The network operates on the Stellar Consensus Protocol and a Federated Byzantine Agreement, which allows computers to reach agreement by trusting specific groups of other peers. Security is maintained through a global trust graph built from individual user groups called security circles where members vouch for each other. Users participate in four primary roles as pioneers, contributors, ambassadors, or nodes to ensure the network remains decentralized. This meritocratic distribution model rewards consistent engagement and network growth rather than financial wealth or technical power. Founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, both of whom hold doctoral degrees from Stanford University, the project is managed by Social Chain Inc. The ecosystem includes a native wallet, a dedicated browser, and a platform for decentralized applications where the PI token is used for peer-to-peer exchange and transaction fees. Additionally, tokens can be used for purchasing goods in an internal marketplace, staking in a launchpad, or voluntary lockups that support market stability while boosting personal mining rates.

Key Facts & Snapshot

  • Symbol: PI
  • CoinGecko id: pi-network
  • Market cap rank (CoinGecko): #49
  • Categories: Layer 1 (L1), Made in USA, Mobile Mining
  • Circulating supply (snapshot): 10,142,200,266
  • Total supply (snapshot): 15,603,385,025
  • Max supply (snapshot): 100,000,000,000
  • All-time high (USD, CoinGecko): $2.99 (Feb 26, 2025)
  • All-time low (USD, CoinGecko): $0.1312 (Feb 11, 2026)

Market (USD snapshot)

  • Market cap (USD, snapshot): $1.71B
  • 24h volume (USD, snapshot): $13.29M
  • Fully diluted valuation (USD, snapshot): $2.63B
  • 24h price change (snapshot): +0.90%

Community & code (CoinGecko)

  • GitHub stars (main repo, CoinGecko): 2,015
  • GitHub forks (main repo, CoinGecko): 541

Official & Community Links

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Frequently Asked Questions

What is Pi Network and how does it work?
Pi Network is a Layer 1 blockchain platform that pioneered mobile mining, allowing users to mine cryptocurrency using their smartphones. It is categorized as a Made in USA project and currently ranks #49 by market capitalization with over 10 billion PI tokens in circulation.
Can you mine Pi Network on your phone?
Yes, Pi Network was specifically designed for mobile mining, which is one of its defining features. This mobile-first approach distinguishes it from traditional cryptocurrencies that require specialized mining hardware.
What is the maximum supply of Pi Network tokens?
The maximum supply of Pi Network is set at 100 billion PI tokens. Currently, about 10.1 billion tokens are in circulation, with a total supply of approximately 15.6 billion already minted.
How risky is investing in Pi Network given its price volatility?
Pi Network carries significant risk as demonstrated by its price dropping from an all-time high of $2.99 in February 2025 to an all-time low of $0.13 in February 2026, representing a 95% decline. The token’s relatively low 24-hour trading volume of $13.29 million compared to its $1.71 billion market cap also suggests liquidity risks and potential price instability.
Is Pi Network still being mined or is the supply fixed?
Pi Network is still actively expanding its supply, as evidenced by the current circulating supply of 10.1 billion tokens against a total supply of 15.6 billion and maximum cap of 100 billion. This means substantial additional tokens could enter circulation over time.

Pi Network Sectors

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Pi Network is tracked in the following market sectors on Best Info Crypto. Each page shows live aggregate data for that category.

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