Introduction
Despite Pi Network’s PI token experiencing a staggering 92% collapse from its all-time high of $3 in early 2025, community optimism persists about a potential rally. Four leading AI chatbots were consulted on whether PI could reach new highs before year-end, with mixed but generally cautious responses highlighting significant structural challenges facing the cryptocurrency.
Key Points
- PI token has declined 92% from its $3 ATH in early 2025 to current $0.22 levels
- 147 million PI tokens will be unlocked in the next 30 days, creating substantial selling pressure
- Limited exchange listings on major platforms like Binance and Coinbase remain a significant growth barrier
The Steep Decline and Community Optimism
Pi Network’s native token PI has been on a massive decline over the past several months, despite occasional price spikes. The cryptocurrency reached its historic peak of $3 at the beginning of 2025, shortly after the launch of the project’s Open Network, but has since collapsed to current trading levels around $0.22. This represents a devastating 92% drop from its all-time high, creating significant challenges for investors who entered at higher price points.
Despite this dramatic downturn, members of Pi Network’s vast community maintain optimism that an explosion to new all-time highs remains possible. This persistent bullish sentiment exists even as the token faces substantial headwinds, including constant token unlocks and limited exchange availability. The community’s hope for a dramatic recovery before year-end prompted consultation with four popular AI chatbots to assess the likelihood of such a development.
AI Chatbots Deliver Cautious Forecasts
ChatGPT provided the most detailed analysis, suggesting that surpassing the $3 all-time high before year-end is ‘not entirely impossible, but highly unlikely’ without ‘a major shift in fundamentals and utility.’ The chatbot identified constant token unlocks as a primary obstacle to any price rally, with data showing over 147 million PI will be released into circulation in the next 30 days alone. November 15 stands as the record day when almost 7 million coins will be freed up, creating substantial selling pressure.
Grok, the AI chatbot built into X, supported ChatGPT’s assessment, describing such a rally as ‘ambitious, but not impossible’ given cryptocurrency’s volatile environment. Grok identified potential bullish factors that could fuel price appreciation, including a broader boom in the digital asset market, Pi Network ecosystem upgrades, and integrations with the AI sector. However, both chatbots emphasized the significant challenges facing the token.
Perplexity appeared more pessimistic than its counterparts, predicting that PI’s price may rise to only $0.60 before the end of 2025—far from the $3 all-time high mark. The chatbot identified a higher likelihood of experiencing a significant bull run next year, with key catalysts including the full activation of the Open Mainnet, expansion of smart contract capabilities, and development of DeFi infrastructure within the Pi Network ecosystem.
Structural Barriers to Growth
Google’s Gemini struck a similarly cautious tone, suggesting that PI’s valuation will most likely range between $0.20 and $0.75 in the remaining weeks of the year. This forecast aligns with the general consensus among the AI chatbots that while some recovery is possible, reaching new all-time highs in 2025 appears highly improbable given current market conditions and project development stages.
A major structural barrier identified by multiple chatbots is the asset’s limited exchange availability. ChatGPT specifically noted that Binance, Coinbase, and many other leading platforms continue to stand aside from Pi Network’s native token because the ecosystem remains relatively young and Mainnet integration is still in progress. The exchanges that have embraced PI include OKX, Gate.io, MEXC, and CoinEx—secondary platforms that don’t provide the same level of market access and liquidity as top-tier exchanges.
The constant token unlocks represent another significant challenge. With over 147 million PI entering circulation in the next 30 days, the market faces substantial dilution and potential selling pressure from early investors and miners looking to realize gains. This ongoing supply inflation makes sustained price appreciation increasingly difficult without corresponding demand growth, creating a fundamental imbalance that the AI chatbots identified as a primary concern for near-term price action.
2026: A More Promising Horizon
While the AI chatbots expressed skepticism about PI reaching new all-time highs in 2025, several pointed to 2026 as offering more promising prospects. Perplexity specifically highlighted that next year might provide better conditions for a significant bull run, with key development milestones potentially serving as catalysts for renewed investor interest and price appreciation.
The full activation of the Open Mainnet represents a crucial development that could address some of the fundamental concerns raised by both the AI chatbots and major exchanges. Additionally, the expansion of smart contract capabilities and development of DeFi infrastructure could significantly enhance PI’s utility and ecosystem value proposition. These technological advancements, combined with potential broader market recovery, might create the conditions necessary for sustained price growth beyond 2025.
The consensus among the four AI chatbots suggests that while community optimism about immediate recovery persists, the structural challenges facing Pi Network’s PI token make a return to all-time highs in 2025 highly improbable. However, the project’s ongoing development and potential future milestones offer hope for longer-term recovery, particularly if the team can address fundamental concerns around tokenomics and exchange adoption that currently limit the asset’s growth potential.
📎 Related coverage from: cryptopotato.com