Key Insights:
- Pi Network processes fewer than one transaction per second post-mainnet.
- 134M new Pi tokens to enter circulation monthly, risking price decline.
- Co-founders’ silence sparked concerns over transparency and project vision.
Pi Network news highlighted a notable rebound in its price to $0.60, following a sharp dip to $0.40 earlier this week. This recovery briefly restored investor confidence, as the market capitalization of Pi Coin exceeded $4.1 Billion.
Despite this rebound, Pi network news reflected growing investor unease. Trading volume has dropped by 44% to just $158 Million.
Analysts observed that the sharp decline in Pi Coin’s value could result in prolonged market challenges. Coupled with increasing supply and leadership uncertainties, this may exert long-term pressure on its price.
Fresh Debate Dominates Pi Network News Over Performance & Leadership
Community analyst Edycabas raised red flags over the blockchain’s underwhelming performance. He noted that Pi Network processes fewer than one transaction per second, far below early claims of high throughput.
The blockchain was expected to support thousands of transactions per block following its Open Mainnet launch, yet the reality is disappointing. His comments sparked broader debate in the community about the actual use case and capacity of the network.
Responding to the concerns, fellow community member Dr. Altcoin defended the blockchain’s technical framework. He cited a transaction success rate of 99.5% and an average of 20 transactions per block.
However, he acknowledged that performance is only one part of the puzzle. He claimed that the true harm came from public doubt about the network’s leadership transparency. This issue has become a central focus in recent Pi Network news.
This performance gap between expected and actual throughput continues to spark debate. While the core system functions, the lack of meaningful blockchain activity places the project’s long-term credibility into question.
Leadership Transparency Concerns Grow
One of the most persistent themes in Pi network news is the lack of visibility from its leadership team. Dr. Altcoin recently questioned why co-founders Nicolas Kokkalis and Chengdiao Fan avoid interviews and public appearances.
He argued that the Pi community has kept the project alive for years and now deserves a clear vision from the top. Notably, these comments have struck a chord with investors and users who feel abandoned by the project’s founders.
Transparency has become a major point, especially as Pi Coin continues to face challenges with adoption and exchange listings. Dr. Altcoin further emphasized that direct communication from leadership would help restore trust and potentially stabilize the token’s value.
Observers view the ongoing silence from Pi Network’s core team as a sign of disorganization or deliberate postponement. This lack of communication has done little to bolster investor confidence. Leadership engagement is now widely seen as essential to the project’s survival and evolution.
Incoming Token Supply May Pressure Prices
Furthermore, Pi network news highlighted concerns over token oversupply. Dr. Altcoin revealed that beginning next week, approximately 134 million Pi tokens will enter circulation each month.
An increase in the supply in the market without demand pressure may lead to a steep decrease in prices.
This is compounded by the effects of declining trading volumes, which is a continuous trend. According to analysts, to balance the influx of new tokens that are currently being unlocked, the token utility needs to increase.
However, the availability of the same will exert selling pressure and may cause the price to drop below $ 0.30. Dr. Altcoin has proposed token burns in his previous strategies to combat inflation and stabilize the price of Pi Coin.
He emphasized that an uncontrolled coin supply could lead to continued value decline. Additionally, centralized exchanges might delay listing it or refuse to list it entirely.
DApp Ecosystem Fails to Inspire Growth
According to Dr. Altcoin, to spur activity within the ecosystem, he proposed that the barn could be set at $10. While ambitious for the industry, his statement highlighted the emerging calls for a more tangible economic rationale towards token adoption.
In the latest Pi Network news, these concerns of transparency in issuance, supply, and ecosystem continue to be prevalent. The next phase may need a much stronger community and technical update to push the project forward for the continuation.