The Pi Network has witnessed a dramatic price collapse in October 2025, reaching new all-time lows as investors anxiously await signs of recovery. An influential analyst has outlined targeted proposals in hopes of engineering a turnaround for this embattled cryptocurrency.
Pi Network’s Rapid Value Decline
Pi Network’s price has plummeted from its previous highs, shedding over $18 billion in value in just six months, according to recent reports. The token, which once traded near $3, now hovers around $0.23 and has lost more than 90% of its value since launch. Skepticism and allegations of a “rug pull” have further dented market sentiment.
Analyst Proposes Turnaround Measures
Facing mounting losses, experts have suggested a series of changes to restore confidence. A leading analyst recommends implementing token buybacks, conducting token burns, and accelerating the long-awaited Protocol v23 mainnet upgrade. These moves aim to reduce oversupply, revive liquidity, and make the ecosystem more sustainable for users and investors.
Mainnet Upgrade as a Catalyst
The Pi Network team has announced that the Protocol v23 mainnet upgrade is scheduled for Q4 2025. This upgrade promises enhanced scalability, better transaction efficiency, and new DeFi features. Community analysts argue that successful activation of these changes could help stabilize or even reverse the ongoing price slide.
Market Reaction and Prospects
Despite the proposals, short-term sentiment around Pi Network remains negative as trading volumes and user activity decline. Technical indicators point to an oversold asset, but analysts warn that only decisive action and enhanced transparency from the Pi Network team can restore long-term credibility and investor trust.
Frequently Asked Questions (FAQs)
- What triggered Pi Network’s price collapse?
Sources report the collapse resulted from extreme selling pressure, low demand, and persistent doubts about the project’s transparency and utility.
- What are the key turnaround suggestions?
Experts propose token buybacks, token burns, and expediting network upgrades to reduce supply and increase demand.
- Will the mainnet upgrade help the price recover?
While the Q4 upgrade could bring technological improvements, most analysts agree that fundamental changes in project governance and utility adoption are also required for a sustained recovery.