- 1. PI Price Prediction Summary
- 2. What Is Pi Network?
- 3. PI Market Data: October 2026
- 4. Pi Network Price History
- 5. Why Did PI Fall From $3?
- 6. Pi Network's 2026 Milestones
- 7. The Supply Problem: Why PI Needs Real Adoption
- 8. PI Price Prediction by Year
- 9. PI Price Prediction 2026
- 10. PI Price Prediction 2027
- 11. PI Price Prediction 2028
- 12. PI Price Prediction 2030
- 13. PI Price Prediction 2035 and 2040
- 14. Will PI Reach $1?
- 15. Will PI Reach $100?
- 16. Bull Case vs. Bear Case
- 17. Where to Buy PI
- 18. Frequently Asked Questions
Last Updated: October 23, 2026
Pi Network (PI) trades at about $0.079 as of October 23, 2026, according to CoinMarketCap, giving it a market capitalization of about $890 million and a rank of 68th. The token is down about 61% over the past year and about 97% below its all-time high of $2.98, set on February 26, 2025. It hit a record low of about $0.071 on July 14, 2026, and now trades only about 11% above that level.
Forecast models expect PI to stay weak in the near term. CoinCodex and CoinCheckup project a December 2026 average of about $0.063, roughly 20% below the current price, while CoinLore’s base case is about $0.082. Central forecasts for 2030 range from about $0.10 to $0.14. None of the models we reviewed has PI reaching $1 before 2040 in its base case, which would require a rise of about 13 times from today’s price.
PI Price Prediction Summary
| Year | Lowest Forecast | Central Forecasts | Highest Forecast |
|---|---|---|---|
| End of 2026 | $0.049 | $0.063 to $0.082 | $0.27 |
| 2027 | $0.050 | $0.083 to $0.139 | $0.40 |
| 2028 | $0.059 | $0.086 to $0.098 | $0.55 |
| 2030 | $0.082 | $0.096 to $0.141 | $0.69 |
| 2035 | $0.27 | $0.31 to $0.45 | $1.58 |
| 2040 | $0.30 | $0.31 to $1.04 | $3.07 |
Sources: CoinCodex, CoinCheckup, CoinLore and Binance, checked on October 23, 2026. Central forecasts are each model’s average or base case; the lowest and highest figures are the most extreme scenarios these sources publish. Highly speculative, not financial advice.
What Is Pi Network?
Pi Network is a mobile-first blockchain project launched on March 14, 2019 by Stanford PhD graduates Nicolas Kokkalis and Chengdiao Fan. Users “mine” PI by checking in daily in the Pi app, while the network itself runs on a fork of the Stellar Consensus Protocol rather than proof of work. Pi grew through a referral model, which built one of the largest communities in crypto but also drew comparisons with pyramid schemes, including a warning from police in Vietnam in 2025.
The Open Network launched on February 20, 2025, letting PI trade on outside exchanges for the first time. Pi says it has more than 60 million engaged users and 18.1 million fully verified (KYC) users, but only users who pass KYC and migrate their balances to mainnet can sell. For a full explanation of how the project works and its main risks, see our guide on what Pi Network is and whether it is legit.
PI Market Data: October 2026
| Metric | Value |
|---|---|
| Price | ~$0.079 |
| Market Cap | ~$890 million |
| CoinMarketCap Rank | #68 |
| 24h Trading Volume | ~$3 million |
| Circulating Supply | ~11.29 billion PI |
| Max Supply | 100 billion PI |
| Share in Circulation | ~11.3% |
| All-Time High | ~$2.98 (February 26, 2025) |
| All-Time Low | ~$0.071 (July 14, 2026) |
| 1-Year Change | Down about 61% |
| KYC-Verified Users | 18.1 million |
| Migrated to Mainnet | ~16.6 million users (March 2026) |
Data: CoinMarketCap and CoinGecko, October 23, 2026; user figures from Pi Network.
The most important number in the table is the share of supply in circulation. Only about 11.3% of the 100 billion maximum supply circulates, and the rest enters the market gradually as users migrate mined balances, lockups expire and the Core Team allocation unlocks. That supply overhang is the main reason forecast models stay cautious on PI.
Liquidity has also thinned. PI’s 24-hour trading volume is about $3 million, compared with about $14 million a day in mid-January and mid-May 2026 and more than $150 million on the day Kraken listed it, according to CoinGecko data. Thin volume makes the price more sensitive to large sell orders and token unlocks.
Pi Network Price History
Before trading (2019 to 2024). PI existed only inside the closed Pi ecosystem and could not be moved to outside exchanges. Some exchanges listed IOU contracts on PI, speculative claims on tokens that could not yet be transferred, and their prices had little connection to the token that later launched. When Huobi listed a PI IOU in December 2022, a listing Pi Network called unauthorized, the IOU spiked to an all-time high of about $307 on December 30, 2022, according to CoinGecko.
Open Network launch (February 20, 2025). PI opened near $1.83 on its first day of trading, touched about $2.10 and then fell as low as about $0.62.
All-time high (February 26, 2025). Six days after launch, PI reached about $2.98 on CoinMarketCap ($2.99 on CoinGecko) amid heavy speculation in its first week of trading.
2025 decline. PI fell through most of 2025 as early miners sold and monthly unlocks added supply. It traded at about $0.34 to $0.38 in early and mid-September 2025, then fell to about $0.26 by the end of the month. It ended the year near $0.20.
2026. PI traded near $0.16 at the end of January. Kraken’s listing on March 13 briefly lifted it about 30% to near $0.29, but it fell back to about $0.22 the next day, slid to about $0.17 by mid-May and to $0.12 by the end of June. PI set a record low of about $0.071 on July 14, 2026, recovered to nearly $0.10 in mid-September and has since drifted back to about $0.079.
Why Did PI Fall From $3?
Zero-cost supply. Almost every PI in circulation was mined for free by users who tapped a button in the app each day. When PI traded near $3, holders with a cost basis of zero had every reason to sell, and many did. Most crypto projects do not face this kind of selling, because their holders paid for their tokens.
Monthly unlocks. Previously locked PI has unlocked every month in 2025 and 2026 as user lockups expired and newly migrated balances became tradable. Each unlock adds supply that the market has to absorb.
Limited exchange access. PI trades on Kraken, OKX, Bitget, Gate, MEXC, LBank and Pionex, but Binance and Coinbase have not listed it. Kraken’s listing in March 2026 gave US users access and briefly lifted the price, but the gains faded within days.
A weak altcoin market. Altcoins have struggled in 2026, with Bitcoin dominance near 60% in October, and tokens with heavy unlock schedules, such as PI, have struggled to attract buyers.
Pi Network’s 2026 Milestones
Smart contracts. Pi launched its first smart contract, for subscriptions, on testnet in April 2026. A decentralized exchange and a token launchpad are also on testnet, with no date for mainnet. Smart contracts matter for the price because they would create demand for PI as a fee and payment token inside apps.
Protocol upgrades. Pi moved to protocol version 25 in July 2026, adding zero-knowledge cryptography. Protocol 27 went live on mainnet in late September, and Protocol 28 followed on October 16, according to Pi’s public mainnet data.
MiCA white paper. In November 2025, Pi published a white paper under the EU’s MiCA rules for trading on OKX’s Malta-licensed platform, a step toward regulated trading in Europe.
Stablecoins. In October 2026, Pi said it is exploring stablecoin support, including a partnership with Open Standard’s OUSD, while keeping PI as its main currency.
Commerce. Pi’s PiFest shopping event in March 2025 drew about 125,000 registered sellers, about 58,000 of them active, according to CryptoPotato’s recap of the event.
Ecosystem Summit. Pi will hold an online Ecosystem Summit on November 17 to 19, 2026, where it plans platform releases and a new hackathon. News from the summit is the next near-term catalyst for PI.
The Supply Problem: Why PI Needs Real Adoption
At today’s circulating supply of about 11.3 billion PI, a price of $1 implies a market capitalization of about $11.3 billion, roughly 13 times the current level. That would put PI among the larger layer-1 networks by market value.
Circulating supply will not stay at 11.3 billion, however. As more users migrate their mined balances and the Core Team allocation unlocks, supply moves toward the 100 billion maximum. At 50 billion PI in circulation, a $1 price would mean a $50 billion market cap, and at the full 100 billion it would mean $100 billion.
The implication is that PI needs demand to grow faster than supply. That requires real usage of Pi as a payment and app platform, with millions of active on-chain users, rather than a large community of holders. Our earlier Pi Network technical analysis covering the $0.86 resistance looked at how the same supply dynamics capped recovery attempts in 2025.
PI Price Prediction by Year
The forecasts below come from algorithmic and community models, checked on October 23, 2026. They are built mostly from past price data and should be read as rough scenarios, not targets.
| Source | End of 2026 | 2030 | 2040 |
|---|---|---|---|
| CoinCodex | $0.063 | $0.141 | $0.307 |
| CoinCheckup | $0.063 | Not published | Not published |
| CoinLore (base case) | $0.082 | $0.137 | $1.04 |
| Binance (5% a year default) | Not given | $0.096 | Not given |
CoinCodex and CoinCheckup figures are December averages. CoinLore’s figures are its base case; its bear and bull cases are covered below. Binance’s tool lets users choose their own growth rate. Pages that still quote outdated prices, or say PI is not yet trading, were excluded.
PI Price Prediction 2026
With about ten weeks left in the year, most models expect PI to finish 2026 below its current price. CoinCodex and CoinCheckup both project a December average of about $0.063, roughly 20% below today’s level. CoinLore is less bearish, with a base case of about $0.082, a bear case of about $0.049 and a bull case of about $0.27.
The key variable is supply. More PI is scheduled to unlock before the end of 2026, while daily trading volume has fallen to about $3 million. A break below the July low of about $0.071 would bring the lower forecasts into play, while news from the November 17 to 19 Ecosystem Summit, or a new exchange listing, would be the most likely triggers for a move toward the upper range.
PI Price Prediction 2027
Forecasts for 2027 diverge. CoinCodex’s model rises to a December 2027 average of about $0.139, while CoinLore’s base case and Binance’s default 5% growth path both put PI near $0.083, roughly flat from today. CoinLore’s bear case is about $0.050 and its bull case about $0.40.
2027 is the year before Bitcoin’s next halving, expected in 2028, a period when altcoins have historically drawn renewed speculative interest. For PI, the bigger question is whether smart contracts, the decentralized exchange and stablecoin support reach mainnet and create real demand for the token.
PI Price Prediction 2028
For 2028, central forecasts sit between about $0.086 (CoinCodex) and $0.098 (CoinLore), with Binance’s default path at about $0.087. CoinCodex’s model falls back from its 2027 level, while CoinLore’s bull case reaches about $0.55. The 2028 halving could lift the broader market, but PI would still need to absorb steady unlocks as more mined balances and Core Team tokens become tradable.
PI Price Prediction 2030
By 2030, central forecasts range from about $0.096 (Binance’s default 5% a year) to $0.141 (CoinCodex), with CoinLore’s base case at about $0.137. That is roughly 20% to 80% above today’s price. CoinLore’s range runs from a bear case of about $0.082 to a bull case of about $0.69.
Even the most optimistic of these figures would leave PI far below its 2025 high. At $0.69, PI’s market value would be about $7.8 billion at today’s circulating supply, and more if additional supply enters circulation by then.
PI Price Prediction 2035 and 2040
Long-range models diverge sharply. CoinCodex projects about $0.31 for both 2035 and 2040, while CoinLore’s base case is about $0.45 in 2035 and about $1.04 in 2040, with a bull case of about $3.07 in 2040. Forecasts this far out depend on assumptions about adoption, supply and the crypto market that no model can reliably make, so they are best read as illustrations rather than targets.
Will PI Reach $1?
Not soon, according to current models. PI would need to rise about 13-fold from about $0.079 to reach $1, which would give it a market value of about $11.3 billion at today’s circulating supply, or up to $100 billion if all 100 billion PI were in circulation.
Among the forecasts we reviewed, only CoinLore’s projections cross $1: its base case reaches about $1.04 in 2040, and its bull case about $1.58 by 2035. CoinCodex’s model reaches only about $0.31 by 2035 and 2040. For PI to reach $1 sooner, it would need a major exchange listing, working smart contracts on mainnet and real demand for PI in payments and apps, while absorbing more than a billion newly unlocked tokens a year.
Will PI Reach $100?
No forecast model we reviewed projects PI anywhere near $100. At today’s circulating supply of about 11.3 billion PI, $100 would imply a market cap of about $1.1 trillion, around 70% of Bitcoin’s current value. At the full 100 billion supply, it would imply $10 trillion, more than the entire crypto market has ever been worth. A $100 PI would require Pi Network to become one of the most valuable assets in the world.
Bull Case vs. Bear Case
Bull case: Smart contracts, the decentralized exchange and stablecoin support move from testnet to mainnet and create real demand for PI in apps and payments. A major exchange such as Binance or Coinbase lists PI, bringing liquidity back from today’s thin volumes. News from the November Ecosystem Summit and a broader altcoin recovery revive interest. In this scenario, PI could retest its March 2026 high of about $0.29 within the next year or two, in line with CoinLore’s bull cases of about $0.27 for 2026 and $0.40 for 2027.
Bear case: Unlocks keep outpacing demand, trading volume stays near $3 million a day and no major exchange lists PI. Smart contract features remain on testnet, and concerns about the Core Team’s control of supply persist. In this scenario, PI breaks below its July 2026 low of about $0.071 and moves toward CoinLore’s bear cases of about $0.05 for 2026 and 2027.
Where to Buy PI
PI trades on centralized exchanges that have passed Pi’s business verification, including Kraken, OKX, Bitget, Gate, MEXC, LBank and Pionex. The most active pair is PI/USDT. Kraken’s March 2026 listing gave US users access, subject to geographic restrictions, while Binance and Coinbase do not list PI. For a comparison of the main platforms, see our ranking of the best crypto exchanges.
Users who mined PI must pass identity verification (KYC) in the official Pi Network app and migrate their balance to mainnet before they can transfer or sell it. The app also gives access to the Pi Wallet, the Pi Browser and apps built on Pi.
Data sources: CoinMarketCap and CoinGecko (price, volume and supply, October 23, 2026); CoinCodex, CoinCheckup, CoinLore and Binance (forecasts, checked October 23, 2026); Pi Network blog, MiCA white paper and public mainnet data (milestones and upgrades); CoinGecko and CryptoSlate (IOU history); FXStreet and CoinCodex (2025 prices); CryptoPotato (PiFest).
This article is for informational purposes only and does not constitute financial advice. Price predictions are highly speculative, and cryptocurrency markets are volatile; always do your own research before investing.
More price forecasts are available in our cryptocurrency price predictions section.
Frequently Asked Questions
What is the Pi Network price prediction for 2026?
Most models expect PI to end 2026 below its current price of about $0.079. CoinCodex and CoinCheckup project a December average of about $0.063, while CoinLore’s base case is about $0.082, within a range of about $0.049 to $0.27. With about 775 million PI scheduled to unlock between late July and December, supply pressure remains the main risk.
What will Pi coin be worth in 2030?
Central forecasts for 2030 range from about $0.096 to $0.141. Binance’s default 5% yearly growth path gives about $0.096, CoinLore’s base case about $0.137 and CoinCodex about $0.141. CoinLore’s full range runs from about $0.082 to $0.69. These are model outputs based largely on past prices, so they should be treated as rough scenarios rather than reliable targets.
Will Pi coin reach $1?
Not soon, according to current models. Among the base-case forecasts we reviewed, only CoinLore’s reaches $1, at about $1.04 in 2040. PI would need to rise about 13-fold from about $0.079, giving it a market value of about $11.3 billion at today’s circulating supply. That would require a major exchange listing, working smart contracts and far more demand than PI has shown.
Can Pi Network reach $100?
No forecast model we reviewed comes close. At today’s circulating supply of about 11.3 billion PI, $100 would mean a market value of about $1.1 trillion, around 70% of Bitcoin’s. If all 100 billion PI circulated, it would mean $10 trillion, more than the entire crypto market has ever been worth. Even CoinLore’s most optimistic 2040 scenario stops at about $3.
Why is the Pi coin price falling?
PI has fallen about 61% over the past year because supply keeps growing faster than demand. Previously locked PI keeps unlocking every month as user lockups expire, most holders mined their coins for free, and Binance and Coinbase still do not list PI. Daily trading volume has shrunk to about $3 million, and PI set a record low of about $0.071 in July 2026.
What could push the Pi coin price higher?
The main catalysts would be a listing on Binance or Coinbase, smart contracts and the decentralized exchange moving from testnet to mainnet, and real demand for PI in payments and apps. Pi’s stablecoin plans and its online Ecosystem Summit on November 17 to 19, 2026 could also revive interest, but any rally would have to absorb steady monthly token unlocks.
What is the Pi coin price prediction for 2040?
Long-range forecasts vary widely. CoinCodex projects about $0.31 for 2040, while CoinLore’s base case is about $1.04, with a bear case of about $0.62 and a bull case of about $3.07. Forecasts this far out depend on assumptions about adoption, supply and the wider crypto market that no model can reliably make, so they are illustrations rather than targets.
Where can I buy Pi coin?
PI trades on exchanges verified by Pi, including Kraken, OKX, Bitget, Gate, MEXC, LBank and Pionex, mostly against USDT. Kraken’s March 2026 listing opened access for US users, subject to geographic restrictions, but Binance and Coinbase do not list PI. Users who mined PI must pass KYC and migrate their balance to mainnet before they can sell it.
Does Pi Network have a future?
Pi Network has a large community, with 18.1 million KYC-verified users. About 16.6 million had migrated to mainnet by March 2026. Its open network launched on February 20, 2025. Still, PI traded near $0.075 on October 25, 2026, about 97% below its February 2025 high. Its future depends on real payment use, mainnet smart contracts, wider exchange listings and absorbing token unlocks.
