Is Pi Token’s Record Low the Calm Before a Major Comeback?

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Pi Token Hits Record Low Despite KYC Validator Rewards Push

Key Highlights

  • Pi Network (PI) trades around $0.14, recovering slightly from a low of $0.13 amid a weak crypto market.
  • The KYC validator reward system is in testing and set to launch by the end of March 2026.
  • Investor confidence remains low, with over 2.34 million PI tokens moved to exchanges recently.

Since its release in February 2025, the value of PI coin – the cryptocurrency for the Pi network – has been steadily decreasing. Today, it hit a new low of $0.13 during trading.

The recent drop in value happened because the stock market as a whole fell sharply this week, losing over 7% of its value – around $2.33 trillion.

The Pi Core Team is getting ready to reward the people who verify identities (KYC validators) for processing a large number of checks. They’ve finished designing the reward system and are currently testing it to ensure everyone receives the correct payment.

We’re on track with distributing rewards to KYC validators, just as planned! The system is fully designed and built, and we’re now thoroughly testing it to ensure Pi is distributed correctly.

— Pi Network (@PiCoreTeam) February 5, 2026

The Pi Core Team announced on X that testing is crucial because it impacts how payments are distributed to those who verify identities (KYC validators) for the millions of Pi Network users. They aim to begin distributing these rewards by the end of March 2026.

Pi price under pressure amid market decline

Even though the system for rewarding users who verify their identity is improving, the price of Pi is still falling. PiScan data shows that over 2.34 million PI tokens were sent to exchanges in the last day, indicating that many Pi holders are choosing to sell.

The token’s price dropped around 9% on Thursday, falling below $0.15 – a level it hadn’t reached since October 10th. This break below that price point, confirmed by trading patterns, suggests continued selling pressure.

Technical indicators confirm the price is likely to keep falling. The Relative Strength Index (RSI) shows the asset is oversold, which could mean a temporary price increase is possible as buyers step in. Additionally, the MACD is trending downwards, reinforcing the expectation of continued selling pressure.

If the token price bounces back from its current low and rises above $0.1533, it might begin to increase. However, overall market feelings could potentially lead to a different outcome.

Since its launch in February 2025, the value of PI has significantly decreased. It’s down over 90% from its highest point and has fallen more than 30% just in the last month. Currently, PI is trading at its lowest price ever since the mainnet began.

Pi network sees growth despite price decline

The team behind Pi Network has been consistently working to enhance its network. They recently gave access to around 2.5 million more users to begin moving to the mainnet, bringing the total number of verified users to roughly 16 million.

As an analyst, I’m pleased to report we’ve launched Stellar Protocol v25 on the mainnet. This upgrade significantly enhances user privacy with the addition of advanced features and zero-knowledge proofs. We’re also pushing the boundaries of security by beginning beta testing for palm print authentication. Finally, we’ve updated our regional compliance processes to broaden access to KYC verification, allowing more users to join the platform.

Pi Network has launched Stellar Protocol v25 on its mainnet, including the new X-Ray privacy feature. This update offers several benefits, such as easier updates for existing privacy apps that use zero-knowledge proofs, a faster and more efficient system for verifying information, and reduced costs.

— PiNetwork DEX⚡️阿龙 (@fen_leng) January 23, 2026

There’s buzz within the Pi Network community about a potential listing on the Kraken exchange, sparked by a screenshot appearing to show the token on Kraken’s roadmap. While Kraken hasn’t officially confirmed a standard listing, they do currently offer PI perpetual futures.

The Pi Core Team confirmed that testing of the Know Your Customer (KYC) reward system is still underway and should be launched before March 2026. They believe this system will encourage more people to participate and increase trust in Pi.

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2026-02-06 20:57