
As of December 4, 2025, Pi Network maintains a market capitalization of $1.93 billion with a circulating supply of 8.34 billion PI tokens. The token is currently ranked #56 among cryptocurrencies, reflecting its established position in the digital asset ecosystem.
| Metric | Value |
|---|---|
| Market Cap | $1.93 billion |
| Current Price | $0.232 USD |
| 24-Hour Trading Volume | $3.72 million |
| Circulating Supply | 8.34 billion PI |
| Total Supply | 12.84 billion PI |
| Max Supply | 100 billion PI |
The market capitalization represents the total value assigned by the market to Pi Network's circulating tokens. With a 24-hour trading volume of $3.72 million, the cryptocurrency demonstrates moderate trading activity. The project's fully diluted valuation reaches approximately $2.98 billion when accounting for the maximum supply of 100 billion PI tokens.
Pi Network's performance has shown notable volatility throughout 2025. The token experienced significant price fluctuations, ranging from a yearly low of $0.049 to an all-time high of $3.00 in February 2025. Currently trading at $0.232, the asset reflects a year-to-date decline of approximately 86.33 percent from previous peaks.
The project maintains its core positioning as the first digital currency mineable through mobile phones, distinguishing itself within the broader cryptocurrency market. The market cap figure of $1.93 billion indicates sustained investor interest despite recent market corrections.
Pi Network's trading activity has demonstrated considerable momentum through 2025, with daily trading volumes fluctuating significantly across various periods. The reference data indicates that trading volumes have ranged substantially, reflecting market dynamics and investor interest levels throughout the year.
| Period | Trading Volume | Notable Change |
|---|---|---|
| August 2025 | $78 million (24-hour) | 63% increase |
| September-October 2025 | $33 million average | Market stabilization |
| November 2025 | $26.78 million | Moderate activity |
| Peak levels | $200+ million | Speculative trading events |
The $26.78 million daily trading volume represents a stabilization phase following earlier volatility. This volume level, while lower than peak trading periods that exceeded $200 million during speculative surges, maintains healthy liquidity for the cryptocurrency. The trading activity reflects investor engagement with Pi Network's mainnet developments and evolving ecosystem initiatives.
Market participants have observed that trading volumes correlate closely with significant announcements and technical developments. When Pi Network experiences price movements or network updates, corresponding volume spikes emerge, demonstrating responsive market behavior. The current daily volume of $26.78 million indicates steady market participation, supporting efficient price discovery and asset accessibility for traders across multiple platforms.
As of December 2025, PI token has stabilized in a critical price range, fluctuating around $0.23 after experiencing significant volatility throughout the year. The token's current trading position reflects a complex market dynamic, with the $0.23 level serving as a crucial support threshold that determines the asset's near-term trajectory.
| Price Level | Status | Significance |
|---|---|---|
| $0.23 | Current Support | Critical holding point for bulls |
| $0.25-$0.29 | Resistance Zone | Key breakout targets |
| $0.20-$0.22 | Secondary Support | Potential downside risk |
According to technical analysis data, PI demonstrated a 1.6% decline over 24 hours, settling at $0.238, while maintaining proximity to its 50-day exponential moving average at $0.242. If price rejection occurs at this resistance level, the token could potentially decline toward the weekly support at $0.221, representing approximately a 5% downside risk from current levels.
The market sentiment surrounding PI remains cautious yet optimistic. Whale accumulation activities detected in both spot and futures markets suggest institutional interest at these depressed valuations. However, the token must decisively break above the $0.25 resistance zone to confirm a genuine bullish reversal. Failure to achieve this breakout would likely trigger a further correction, testing lower support levels and potentially extending the bearish pressure that has plagued the token throughout recent months.
Pi Network's tokenomics structure features a carefully designed maximum supply of 100 billion PI tokens, establishing a clear upper limit for the project's long-term scalability. The token distribution follows a strategic allocation model where 65 billion PI tokens, representing 65% of the total supply, are reserved for community mining rewards. This allocation ensures that a substantial portion of newly created tokens reaches active network participants. An additional 10% of the total supply has been designated for other purposes within the ecosystem.
The circulating supply currently stands at approximately 8.3 billion PI tokens, indicating that the network remains in relatively early stages of token distribution. This represents only about 8.34% of the maximum supply, suggesting significant room for future token releases as the platform develops. The project's founders have emphasized that the circulating supply is unlikely to approach 50 billion tokens, reflecting their commitment to a measured and sustainable distribution schedule.
This supply cap framework distinguishes Pi Network within the cryptocurrency landscape by providing transparency regarding long-term inflation dynamics. The capped structure addresses investor concerns about unlimited token creation while maintaining sufficient reserves to support ecosystem development and community incentives over an extended period.
As of 2025, Pi coin has gained value. It's traded on several platforms, with a market cap in millions. Its worth fluctuates based on market demand.
As of 2025-12-04, $100 is equivalent to approximately 2,155 Pi coins, based on the current exchange rate.
As of December 4, 2025, 1 Pi coin is worth $0.23. This value may fluctuate based on market conditions.
Pi coin's future looks promising. By 2030, its value could reach $6.00, with an average price around $4.50, driven by continued adoption and ecosystem growth.











