• bitcoinBitcoin (BTC) $ 94,351.00
  • ethereumEthereum (ETH) $ 1,794.82
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.28
  • bnbBNB (BNB) $ 607.39
  • solanaSolana (SOL) $ 146.64
  • usd-coinUSDC (USDC) $ 0.999936
  • dogecoinDogecoin (DOGE) $ 0.178244
  • cardanoCardano (ADA) $ 0.701520
  • tronTRON (TRX) $ 0.247403
  • staked-etherLido Staked Ether (STETH) $ 1,793.41
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 94,268.00
  • suiSui (SUI) $ 3.54
  • chainlinkChainlink (LINK) $ 14.91
  • avalanche-2Avalanche (AVAX) $ 21.79
  • stellarStellar (XLM) $ 0.280845
  • leo-tokenLEO Token (LEO) $ 9.00
  • the-open-networkToncoin (TON) $ 3.26
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • hedera-hashgraphHedera (HBAR) $ 0.188015
  • usdsUSDS (USDS) $ 0.999888
  • wrapped-stethWrapped stETH (WSTETH) $ 2,152.08
  • bitcoin-cashBitcoin Cash (BCH) $ 369.38
  • litecoinLitecoin (LTC) $ 85.79
  • polkadotPolkadot (DOT) $ 4.26
  • hyperliquidHyperliquid (HYPE) $ 18.37
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.42
  • wethWETH (WETH) $ 1,794.68
  • moneroMonero (XMR) $ 268.42
  • ethena-usdeEthena USDe (USDE) $ 0.999601
  • whitebitWhiteBIT Coin (WBT) $ 29.32
  • pi-networkPi Network (PI) $ 0.605027
  • wrapped-eethWrapped eETH (WEETH) $ 1,912.32
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 94,310.00
  • pepePepe (PEPE) $ 0.000009
  • aptosAptos (APT) $ 5.50
  • daiDai (DAI) $ 0.999966
  • bittensorBittensor (TAO) $ 374.64
  • uniswapUniswap (UNI) $ 5.38
  • okbOKB (OKB) $ 52.07
  • nearNEAR Protocol (NEAR) $ 2.54
  • ondo-financeOndo (ONDO) $ 0.970172
  • susdssUSDS (SUSDS) $ 1.05
  • official-trumpOfficial Trump (TRUMP) $ 14.07
  • gatechain-tokenGate (GT) $ 22.12
  • internet-computerInternet Computer (ICP) $ 5.05
  • ethereum-classicEthereum Classic (ETC) $ 16.97
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aaveAave (AAVE) $ 165.65
  • tokenize-xchangeTokenize Xchange (TKX) $ 31.00
  • crypto-com-chainCronos (CRO) $ 0.090592
  • kaspaKaspa (KAS) $ 0.095534
  • mantleMantle (MNT) $ 0.735494
  • vechainVeChain (VET) $ 0.027140
  • render-tokenRender (RENDER) $ 4.47
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.242891
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • cosmosCosmos Hub (ATOM) $ 4.47
  • algorandAlgorand (ALGO) $ 0.229568
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 94,301.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.724096
  • fasttokenFasttoken (FTN) $ 4.29
  • filecoinFilecoin (FIL) $ 2.77
  • ethenaEthena (ENA) $ 0.330228
  • celestiaCelestia (TIA) $ 2.90
  • sonic-3Sonic (prev. FTM) (S) $ 0.516302
  • arbitrumArbitrum (ARB) $ 0.333511
  • worldcoin-wldWorldcoin (WLD) $ 1.16
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.08
  • bonkBonk (BONK) $ 0.000019
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997361
  • kucoin-sharesKuCoin (KCS) $ 10.65
  • jupiter-exchange-solanaJupiter (JUP) $ 0.466111
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 93,843.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.082744
  • blockstackStacks (STX) $ 0.848720
  • optimismOptimism (OP) $ 0.779128
  • makerMaker (MKR) $ 1,517.78
  • nexoNEXO (NEXO) $ 1.20
  • binance-staked-solBinance Staked SOL (BNSOL) $ 153.32
  • flare-networksFlare (FLR) $ 0.017887
  • story-2Story (IP) $ 4.16
  • sei-networkSei (SEI) $ 0.216960
  • quant-networkQuant (QNT) $ 75.70
  • fartcoinFartcoin (FARTCOIN) $ 1.09
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,795.76
  • immutable-xImmutable (IMX) $ 0.580814
  • eosEOS (EOS) $ 0.683590
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,872.57
  • injective-protocolInjective (INJ) $ 9.89
  • usdt0USDT0 (USDT0) $ 0.999056
  • the-graphThe Graph (GRT) $ 0.099281
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.45
  • wbnbWrapped BNB (WBNB) $ 607.74
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.644227
  • raydiumRaydium (RAY) $ 2.93
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,034.15
  • iotaIOTA (IOTA) $ 0.221259
  • flokiFLOKI (FLOKI) $ 0.000085
  • tether-goldTether Gold (XAUT) $ 3,311.62
  • jasmycoinJasmyCoin (JASMY) $ 0.016680
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • coredaoorgCore (CORE) $ 0.786718
  • pax-goldPAX Gold (PAXG) $ 3,313.94
  • bitcoin-svBitcoin SV (BSV) $ 39.03
  • walrus-2Walrus (WAL) $ 0.618694
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 93,058.00
  • galaGALA (GALA) $ 0.017319
  • theta-tokenTheta Network (THETA) $ 0.759408
  • lido-daoLido DAO (LDO) $ 0.840311
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 94,249.00
  • dexeDeXe (DEXE) $ 13.10
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 161.74
  • heliumHelium (HNT) $ 4.08
  • the-sandboxThe Sandbox (SAND) $ 0.300220
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.011520
  • clbtcclBTC (CLBTC) $ 93,144.00
  • msolMarinade Staked SOL (MSOL) $ 188.84
  • bittorrentBitTorrent (BTT) $ 0.00000071
  • kaiaKaia (KAIA) $ 0.117041
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,909.71
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.09
  • usual-usdUsual USD (USD0) $ 0.997948
  • solayerSolayer (LAYER) $ 3.10
  • flowFlow (FLOW) $ 0.410442
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999301
  • chain-2Onyxcoin (XCN) $ 0.018799
  • based-brettBrett (BRETT) $ 0.063131
  • decentralandDecentraland (MANA) $ 0.324589
  • movementMovement (MOVE) $ 0.245835
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.07
  • dogwifcoindogwifhat (WIF) $ 0.597829
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • tezosTezos (XTZ) $ 0.562538
  • jito-governance-tokenJito (JTO) $ 1.82
  • pyth-networkPyth Network (PYTH) $ 0.158850
  • zcashZcash (ZEC) $ 36.13
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,876.53
  • deepDeepBook (DEEP) $ 0.224300
  • pendlePendle (PENDLE) $ 3.35
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009356
  • spx6900SPX6900 (SPX) $ 0.569572
  • dydx-chaindYdX (DYDX) $ 0.664004
  • mantra-daoMANTRA (OM) $ 0.527406
  • kavaKava (KAVA) $ 0.459512
  • true-usdTrueUSD (TUSD) $ 0.999173
  • telcoinTelcoin (TEL) $ 0.005358
  • aerodrome-financeAerodrome Finance (AERO) $ 0.610574
  • elrond-erd-2MultiversX (EGLD) $ 17.42
  • beldexBeldex (BDX) $ 0.068003
  • ubtcuBTC (UBTC) $ 94,865.00
  • thorchainTHORChain (RUNE) $ 1.37
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 94,288.00
  • aioz-networkAIOZ Network (AIOZ) $ 0.408036
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999894
  • pumpbtcpumpBTC (PUMPBTC) $ 92,076.00
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,874.36
  • arweaveArweave (AR) $ 7.05
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.178137
  • ecasheCash (XEC) $ 0.000023
  • grassGrass (GRASS) $ 1.62
  • apecoinApeCoin (APE) $ 0.556037
  • starknetStarknet (STRK) $ 0.152561
  • neoNEO (NEO) $ 6.27
  • tbtctBTC (TBTC) $ 94,153.00
  • ousgOUSG (OUSG) $ 110.86
  • axie-infinityAxie Infinity (AXS) $ 2.63
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,794.53
  • wormholeWormhole (W) $ 0.092073
  • apenftAPENFT (NFT) $ 0.00000042
  • matic-networkPolygon (MATIC) $ 0.242973
  • conflux-tokenConflux (CFX) $ 0.080670
  • hashnote-usycHashnote USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 1.00
  • chilizChiliz (CHZ) $ 0.042458
  • berachain-beraBerachain (BERA) $ 3.69
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,909.23
  • super-oethSuper OETH (SUPEROETHB) $ 1,793.82
  • justJUST (JST) $ 0.038521
  • compound-governance-tokenCompound (COMP) $ 42.36
  • beam-2Beam (BEAM) $ 0.007184
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,793.76
  • popcatPopcat (POPCAT) $ 0.366037
  • olympusOlympus (OHM) $ 21.61
  • akash-networkAkash Network (AKT) $ 1.44
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999462
  • roninRonin (RON) $ 0.562697
  • axelarAxelar (AXL) $ 0.367992
  • amp-tokenAmp (AMP) $ 0.004097
  • sun-tokenSun Token (SUN) $ 0.017909
  • saros-financeSaros (SAROS) $ 0.131203
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.821168
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,789.56
  • usddUSDD (USDD) $ 0.999986
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000062

Pi Network’s Market Position Faces Unparalleled Challenges

0 19

Pi Network’s Market Position Faces Unparalleled Challenges

  • Slow mainnet migration raises concerns about Pi Network’s scalability and ability to meet large-scale adoption goals.
  • Heavy reliance on DApp ad revenue could deter user engagement, potentially disrupting the platform’s utility.
  • Broader crypto market volatility amplifies risks for Pi Network, a newer entrant in a competitive blockchain environment.

Several challenges are binding Pi Network, thus facing a series of risks, which could alter the market value depending on its course as it heads towards realizing the much-awaited open mainnet. These are the technical risks that include any form of delay that may be experienced in the development process, risks in the market such as market volatility, and risks of the user ecosystem. All of these have implications for the cryptocurrency’s standing in a rapidly developing blockchain industry further.

Potential Mainnet Delays

One of the most remarkable challenges is the low rate of people migrating to the open mainnet; it is said to be less than 3% per day. This gives rise to more questions on the capability of Pi Network to support the large-scale adoption it anticipates to achieve. A delayed mainnet could also erode investor and user confidence, impacting the platform’s long-term viability.

In order to delay open mainnet, it’s less than 30K accounts migrated per day. Before open mainnet, dapps have to connect to Ads Network for survival. So we have to watch many Ads when visit Dapps of pi mainnet. So Awful! I won’t visit these dapps after opening mainnet#PiNetwork pic.twitter.com/zkimnfTWmD

— Dr. Pi (@Pi_Coins) January 11, 2025

Furthermore, the conventional utilization of decentralized applications (DApps) in the creation of utility by the network is an issue of controversy. According to the information, DApps need to incorporate advertising networks for revenue before the mainnet launch. This model’s critics fear it might lead to a signal-to-noise problem, perhaps discouraging people from engaging with the platform.

Continuation of the Crypto Crash

Another revolutionary issue is the overall bearish trend that remains a key issue for the broader crypto market even for recognized assets. Bearish runs could, thus, pose a challenge to the continued drive towards the adoption and investment in Pi Network since such a prospect is bound to attract some speculative interest only. Being a relatively young platform, outside market forces are capable of exerting unparalleled effects.

Weak Technical Foundations

Technical reliability still defines the success of almost every blockchain. Such a reason threatens to erode Pi Network’s competitive advantage due to issues in technicality, such as scalability and security. In the absence of further enhancements, the network could easily be outcompeted by superior networks with better solutions.

Source

Leave A Reply

Your email address will not be published.

Verified by MonsterInsights