Will the Pi Network drop to zero in 2026? Three possibilities from community strength to price collapse.

Pi Network, as one of the most controversial experiments in the field of crypto assets, has attracted millions of users with its "mobile mining" model, even generating global attention before its token has been listed on mainstream exchanges. Now, with the launch of the open mainnet, the market's focus has shifted to a pressing question: by 2026, will the price of Pi steadily rise, or could it possibly fall to $0?

From Closed Testing to Open Market: The Turning Point of Pi

Since its launch in 2018, Pi has adopted a closed economic model, allowing users to mine through their mobile phones while prohibiting external trading. This strategy aims to first expand the community size before entering the real market. However, the arrival of the open Mainnet not only brings the opportunity for exchange listings but also subjects Pi to market scrutiny.

Supporters believe this is the beginning of Pi's value discovery; critics point out that relying solely on community enthusiasm may not sustain long-term liquidity and practical applications.

Bearish View: Risk of Price Going to Zero

(Source: Trading View)

Some observers warn that if the Pi ecosystem fails to deliver on its promised application scenarios, it will face serious challenges. A lack of strong exchange partnerships, merchant payment integration, and developer participation could lead to insufficient demand.

A greater concern lies in liquidity risk—if millions of holders sell off at the same time, the imbalance between supply and demand could trigger a price crash. Historically, there have been many cases of tokens that nearly became worthless after speculation faded; if Pi lacks sustained innovation and practicality, it may follow in their footsteps.

Bullish Reasons: Large Community and Mobile-First Approach

Unlike many failed projects, Pi has a large and highly active community. Even if only a small portion of miners become active users, it can support the basic operation of the digital economy.

The development team is promoting use cases such as market trading, application integration, and merchant payments, and hopes to attract areas with insufficient traditional banking services through a "mobile-first" strategy. If these efforts succeed, Pi is expected to become a digital currency aimed at the general public, rather than just a speculative target.

Three price scenarios for 2026

Bullish scenario: The ecosystem is thriving, and the exchange support is strong, Pi may enter the global top 50 Crypto Assets, with a valuation far above the current level.

Bearish scenario: Insufficient demand, user attrition, and prices may fall long-term or even approach zero.

Baseline scenario: Prices fluctuate in the middle range, reflecting community size but not reaching the status of mainstream altcoins.

Investors should follow the progress of the exchange launch, developer adoption rates, and merchant participation over the next two years, as these factors will directly impact the long-term value of Pi.

Conclusion

The future of Pi Network could either become a successful example of a community-driven project or fall into yet another case of cryptocurrency speculation retreating. In 2026, its price may not actually go to zero, but whether it can overcome skepticism and establish sustainable application scenarios will determine if it is a long-term opportunity or a ticking time bomb that could explode at any moment.