Latest Pi Network Updates: Price, Listing Updates, and 2025 Outlook

In the fast-moving world of Web3, few projects have generated as much curiosity and speculation as Pi Network. Branded as a mobile-first mining solution aiming to onboard the next billion users, Pi has attracted a massive user base since its beta app launch. As of 2025, interest in the latest Pi Network developments continues to surge, especially following its appearance on centralized exchanges like Gate. This article breaks down the latest updates on Pi Network, the role of its native token (PI), its current price activity, and what’s next as the community awaits mainnet finalization.

What Is Pi Network?

Pi Network is a blockchain platform that began with a unique idea: enabling users to mine crypto from their smartphones without consuming excessive battery or computational power. Founded by Stanford graduates, the project aims to democratize crypto access globally through mobile mining and social incentives.

By requiring users to log in daily and verify participation through a security circle of trusted individuals, Pi introduces a novel Proof-of-Engagement consensus model. Since 2019, the app has garnered over 50 million users globally, though the long-promised mainnet has seen repeated delays.

Latest Pi Network Status in 2025

As of mid-2025, Pi Network is still in its “Enclosed Mainnet” phase. This means tokens earned through the app cannot be freely withdrawn or transferred until broader ecosystem components—such as KYC verification, smart contract deployment, and network decentralization—are fully implemented.

The project team continues to update core infrastructure and roll out Pi-based apps in their native ecosystem, including decentralized marketplaces and identity solutions. However, no official date for a fully open mainnet has been confirmed.

That said, the listing of PI token pairs on platforms like Gate has given new momentum to the project. This external visibility now allows Pi holders to track market prices more transparently and evaluate broader adoption potential.

PI Token Price on Gate

As of late June 2025, PI is actively trading on Gate via the PI/USDT pair, with the price hovering around $0.55, featuring moderate liquidity and real market participation. This Gate listing offers one of the first transparent and legitimate trading venues for Pi—far more credible than previous speculative IOU or OTC platforms. The price is now determined by actual supply and demand dynamics.

Tokenomics and Supply

While specific tokenomics remain partially undisclosed, the overall supply of PI is projected to be capped. A portion is allocated to early contributors, node operators, app developers, and ecosystem growth. A major share remains in the hands of users who participated in mobile mining over the last few years.

However, the token’s utility is still limited due to the enclosed nature of the mainnet. The transition to open mainnet—expected to unlock broader functionality like staking, transfers, and smart contract deployment—will be key in shaping long-term tokenomics.

Ecosystem Use Cases and Vision

The long-term goal of Pi Network is to build a robust mobile-friendly Web3 ecosystem. Key areas of development include:

• Pi Browser: An interface for Web3 applications built on the Pi Network.
• Pi KYC: A decentralized identity verification system required for token withdrawal.
• Pi Apps: Ecosystem-native applications offering shopping, gaming, and freelance services powered by PI tokens.
• Smart Contracts: Currently under development, these are expected to power future dApps on the network.

If successful, Pi Network could evolve into a mobile-first Layer-1 chain with global reach, particularly strong in regions with limited access to traditional financial services.

Risks and Community Concerns

Despite its massive user base, Pi Network faces several challenges:

• Mainnet Delay: Without a clear launch date for full mainnet, uncertainty may erode trust.
• Token Utility: Current PI tokens lack true on-chain utility outside of the test environment.
• KYC Bottlenecks: Millions of users still await verification, which slows ecosystem growth.
• Market Confusion: Previous IOU tokens and OTC pricing led to unrealistic expectations, now corrected by real-time markets like Gate.

2025 Outlook for Pi Network

With the token now live on Gate and the user base still expanding, 2025 could be the turning point for Pi Network—if the project delivers on its promises. A successful mainnet launch would unlock real token mobility, staking, app development, and broader adoption.

Until then, investors and participants should view PI as a high-potential but still speculative asset. The current listing on Gate provides price discovery and exposure, but its long-term future depends on ecosystem execution and the team’s ability to deliver a fully decentralized blockchain.

Conclusion

Pi Network has captured the attention of millions by blending mobile accessibility with Web3 ideals. The latest Pi Network update reveals important progress—most notably the token’s listing on Gate. While major technical hurdles remain, the project holds promise as a bridge between mobile-first users and the decentralized internet. As the open mainnet approaches, all eyes are on whether Pi Network can move from speculative hype to real-world impact.