Pi Network Price Today May 21, 2025: Pi Network Faces Many Challenges After Consensus 2025

Pi Network Price Today 5/21/2025

The price of Pi on the OKX exchange on May 21, 2025 is fluctuating around the price range from 0.7174 USD to 0.7464 USD (equivalent to 18,620 VND to 19,370 VND. Thus, at the time of writing, the price of Pi on the OKX exchange increased by 2.3% compared to yesterday, reaching 19,190 VND.

The correlation between Pi Network and Bitcoin has weakened significantly. The negative correlation of 0.16 shows that Pi is no longer following Bitcoin's trend, while the leading cryptocurrency still maintains its upward momentum around the $106,000 mark.

Technical signals are not favorable for Pi Network. MACD has shown a negative crossover, indicating that the bullish momentum is weakening. Without support from the broader market, the possibility of Pi falling below the $0.71 support level is very high.

Breaking this threshold could cause the price to continue falling to $0.61, deepening losses for investors.

However, if the entire crypto market enters a strong recovery, Pi Network still has a chance to come back. At that time, the price can surpass the resistance level of $0.78 and head towards the $0.87 area.

In the most positive scenario, Pi could move closer to the $1.00 mark, thereby weakening the current downtrend and restoring some investor confidence.

Pi Network faces many challenges after Consensus 2025

Following Dr. Nicolas Kokkalis’ inspiring speech at the Consensus 2025 conference, in which he emphasized the potential of Pi Network’s growth in the AI era and decentralized future, expert “Dr Altcoin” has spoken out in opposition.

He believes that overly optimistic expectations about the Pi Network ecosystem do not fully reflect the structural and implementation challenges.

While the number of applications built on the Pi platform is growing, “Dr Altcoin” warns that without a dedicated investment fund, developers will struggle due to lack of capital and direction.

Selecting, evaluating, and funding viable projects can take at least 6 to 12 months. Even after approval, the disbursement time can be extended by another 3 to 6 months, directly affecting the progress of DApp deployment.

Besides, it takes 1 to 2 years to build highly applicable and secure products. According to him, without comprehensive preparation from resources to technical foundation, the Pi Network ecosystem will need at least 2.5 to 5 years to fully develop.

Source: https://baonghean.vn/gia-pi-network-hom-nay-21-5-2025-pi-network-doi-mat-nhieu-thach-thuc-sau-consensus-2025-10297799.html