Pi Network's Token Decline Sparks Hope for Reversal with Upcoming Upgrades

The Pi Network's token has been struggling to recover from a significant decline in value. After reaching a high of $2.98 in February 2025, the token dropped by nearly 94% and is currently trading around $0.15-$0.16.

Despite this, the project's co-founder, Dr. Chengdiao Fan, remains optimistic about the future. In an interview, she emphasized that Pi Network was designed to prioritize long-term utility and security over short-term price action.

The team is working on several upgrades, including a major DEX upgrade and protocol v23 integration, which could potentially reverse the decline. These upgrades aim to improve liquidity, scalability, and smart contract functionality, among other things.