It's not on Binance or Coinbase: the crypto that's already attracting large capital

Pi Network, a cryptocurrency that democratizes digital mining with an easy-to-use mobile app, eliminating technical and energy barriers.

Pi Network (PI) is revolutionizing the crypto world with an innovative approach that allows mining digital currencies from a smartphone, without the need for expensive equipment or high energy consumption. This cryptocurrency was launched in 2019 by Stanford graduates and, to date, has attracted more than 70 million global users thanks to its accessibility and low entry cost.

However, unlike Bitcoin or Ethereum, Pi uses a consensus algorithm that doesn't require intensive computing power, making mobile mining easy with a simple daily click on its app. Furthermore, its ecosystem is designed to operate without transaction fees, promoting mass adoption.

Although it is not yet listed on major exchanges like Binance or Coinbase, Pi Network now It is listed on major platforms such as Bit2Me, which has boosted its integration into the crypto market and the possibility of external transactions following the launch of its open mainnet in February 2025. 

What is Pi Network?

Pi Network is a blockchain network that allows users to mine its native token, PI, from a mobile phone, without the need for specialized hardware or high power consumption. 

Unlike Bitcoin, which uses the Proof of Work (PoW) model, Pi is based on an adapted version of the Stellar Consensus Protocol (SCP), which allows transactions to be validated in an efficient and decentralized manner.

The central idea of ​​this cryptocurrency and blockchain is democratize access to cryptocurrencies, allowing anyone with a smartphone to participate in the network. His vision has been key to increasing adoption, especially in regions where access to technological infrastructure is limited.

How was PI born?

Pi Network began in 2019 as an ambitious academic experiment in the halls of Stanford University, led by Nicolas Kokkalis, Chengdiao Fan, and Vincent McPhillip. It has since flourished, and its mainnet has been officially live since February of this year. 

After years of gestation and thousands of users patiently mining on their devices, Pi has left its testing phase behind. Phase 1, spanning 2019 to 2020, laid the foundation for a massive community, while Phase 2, from 2020 to 2024, fine-tuned its robust test network. Now, in this long-awaited third phase, Pi is no longer a concept but a functioning currency, with real-world transactions and the ability to connect to external wallets.

Now, Pi Network has evolved into a dynamic ecosystem, ready to support decentralized applications (dApps) and expand its use in the real world. 

A global and active community

One of the pillars of Pi Network's success is its community of over 60 million registered users, known as Pioneers. This foundation has been key to validating the mobile mining model and driving the adoption of Pi as a medium of exchange in local markets.

Events like the PiFest 2024, which promoted the use of IP in physical and digital commerce, demonstrated that the currency has real-world applications beyond speculation. According to the development team, more than 27.000 active sellers and 28.000 test merchants participated in the initiative in over 160 countries.

Thus, despite not being listed on Binance or Coinbase, Pi Network is already among the most relevant cryptocurrencies by market capitalization. According to data updated as of July 6, its current price is $0,47, while its market capitalization is around $3.550 billion. On the other hand, the circulating supply of PI is 7.640 billion tokens, ranking it #39 by capitalization in the global cryptocurrency ranking. 

Furthermore, its fully diluted valuation (FDV), i.e. the theoretical value if all tokens were in circulation, exceeds $5.470 billion, indicating significant growth potential as more tokens are released.

Why does it attract large capital?

Pi Network took a decisive leap forward on February 20th by activating its Open Mainnet, the open network that allows for free transactions and connections to external systems, marking the end of its closed mainnet phase that began in 2021. This milestone makes Pi a cryptocurrency operating on public markets, with more than 19 million verified users and 10,14 million migrated to the mainnet.

What sets Pi Network apart and explains the growing interest from major investors is its inclusive mobile mining model, accessible to mainstream users without the need for expensive equipment, facilitating mass adoption. Furthermore, its expanding ecosystem includes dozens of apps, marketplaces, and tools like Pi Browser, which enhance its real-world utility in emerging economies with limited financial inclusion.

A OneSafe analysis reveals that while almost half of the initial capital came from retail investors, 0,22%—equivalent to $3,2 million—was contributed by institutional accounts or "whales," reflecting confidence in the project. Pi's vision as a cryptocurrency for everyday use, not just speculation, has resonated with funds seeking social impact and scalability, positioning it as an attractive proposition for large capital funds.

Now, with its open network active this year, Pi Network is poised to solidify its place in the global crypto ecosystem, offering an accessible and functional alternative for millions of users around the world.

In conclusion, Pi has managed to build a global community, launch a functioning network, and attract significant capital, all without relying on high-profile exchange listings. Its focus on accessibility, sustainability, and real utility positions it as a player to watch closely in the Web3 ecosystem.