Expert Lauds Pi Network Citing These Top 9 Reasons: Details

Key Insights:

  • Pi Network price slipped 3% today amid a broader crypto market selloff.
  • Despite the plunge, a top expert said that Pi Coin is poised for success.
  • The expert has highlighted nine reasons that might help drive the prices higher in the coming days.

Pi Network price has continued its struggle to stay in the green in recent days, which has sparked concerns among traders. During writing, Pi Coin has lost nearly 3%, indicating a cautious stance of the investors.

Notably, the crypto has continued to consolidate between the $0.43 and $0.47 range over the past few weeks. However, today’s decline could also be attributed to the losses recorded in the broader crypto market.

Amid this, a renowned trader and market pundit has continued to show his support for the asset. In a recent X post, the expert has highlighted nine reasons that make the Pi Network unique.

However, despite these comments having gained traction from market participants, the recent movements suggest otherwise.

Why is Pi Network Poised for Success?

Despite the recent struggles in Pi Network price, market expert Kim H Wong has come in with strong support for the asset. In a recent X post, Wong highlighted nine key reasons that he believes will help Pi Coin to succeed.

User Base & Social Media Following

Wong highlighted Pi Network’s massive user base of over 65 million across 200 countries as a significant indicator of its potential. The project’s strong online presence is further evidenced by its 4.3 million followers on X.

Wong said that Pi now ranked third among the top 10 cryptocurrencies after Binance (14.7 million) and Bitcoin (7.8 million).

Pi Network’s Infrastructure

Kim H Wong also pointed out that Pi Network has KYC-verified users of over 18 million. Among them, over 13 million users have already migrated their Pi tokens to their wallets. This indicates the growing confidence of users towards the project.

Besides, the expert highlighted the project’s robust infrastructure. He has cited the activation of over 400,000 nodes across Testnet1, Testnet2, and Mainnet.

He believes that this makes PI one of the most secure distributed infrastructures in the digital assets space. Wong also lauds the project’s ecosystem upgrades, including a streamlined application process for developers and the introduction of the Pi Ad Network.

Real-World Utility

Wong highlighted the launch of key initiatives such as the $100 million Pi Ventures Fund, Pi App Studio, FruityPi game, and Pi Domains. The Pi Ventures Fund, in particular, aims to back startups and businesses, which is expected to boost the Pi Coin adoption.

Meanwhile, the expert also highlighted the increasing number of merchants accepting Pi Coin as a payment method. He has deemed this as the most significant indicator of Pi Network’s growing real-world utility.

He said that around 27,000 merchants across Asia, Africa, and Latin America now accept Pi Network for goods and services. Besides, he noted that the integration of a “Buy Pi Tab” feature in the Pi wallet, allowing users to buy Pi with fiat currencies, might further help in the PI adoption.

Pi Network Analysis | Source: Kim H Wong, X
Pi Network Analysis | Source: Kim H Wong, X

Pi Network Price Slips: What Lies Ahead?

The Pi Coin value slipped around 2.8% and exchanged hands at $0.4377, while its one-day volume fell 33% to $57 million. Notably, the crypto has consolidated between $0.4338 and $0.4492 over the last 24 hours.

Despite that, the analysts remain optimistic about the future trajectory of the asset. For context, the Pi Network enthusiasts are anticipating a potential listing on Binance or Coinbase, which in turn could boost the price higher.

Besides, a recent analysis showed that Pi Coin might continue its rally once it breaks through $0.7 level in the coming days. Considering that, it appears that Pi Coin is still in the early stages and may witness a robust recovery in the coming days.

Source: https://www.thecoinrepublic.com/2025/07/29/expert-lauds-pi-network-citing-these-top-9-reasons-details/