Picture this: the Core Team of Pi Network just penned their 2025 report card, boasting about making it to the school stage for the big performance, launching their own mainnet and token to round off the year. But oh boy, did they leave out the yearbook goals for 2026, replacing hard facts with glimpses of hazy aspirations. The fans aren’t exactly throwing confetti just yet.
The Backlash
The Pi gang declared 2025 a “defining” year because they finally let their Open Network and PI token loose in February. This opened a pandora’s box, enabling “Pi’s ecosystem to prance into the wider blockchain carnival,” they said. It’s a sudden rush to maturity after over half a decade of placid recipe development and community bonding, ready for the grand utility reveal deep into a history book afternoons. Their yearly newsletter continued with retrospectives on their AI hobby club, ventures into the KYC unknowns, the Pi App Studio carnival, and Pi Network Ventures – oh, the magical progress they must have seen!
But when it came to setting 2026 goals, their words seemed to come out like a press release from a space captain who’s lost his star map. It reads:
“The Pi community’s efforts this year enabled the launch of Open Network and the many apps, utilities, and features that will continue to be worked on. Pi Network in 2026 will be shaped by Pi’s long-term strategies and planning, in addition to Pioneers, developers, and partners building and using the ecosystem together.”
Cue a barrage of eye-rolls, and some rather colorful hypotheticals from users who felt they were promised a magic show and got pigeon mimicry instead. One guild member mournfully noted “years of hype, delays, vague timelines, and zero accountability have shattered our illusions.” Another quipped, “talking to the Pi team is like trying to explain art to a colorblind walrus – futile!” One user perhaps penned their epitaph for Pi, predicting a post-June 2026 market cap of about as exciting as oatmeal at $0.001.
PI Misses the Rally
As a growing band of altcoins surged back from the wilderness like a pack of market cap wolves, Pi Network’s PI struggled to keep up. Pitifully it jiggled at approximately $0.20, despite the faint rumbling of hopeful potential. Joining them in the altitude challenge were some other plucky assets like ENA, which sprinted up the altcoin leaderboard like a refreshing burst of positivity with a 10% surge.
The more immediately concerning tale for PI was the soap opera subplot, which was about 6 million tokens elegantly waltzing into accessibility. Once these little critters hit the market, they might encourage a mass exodus to the markets, saddling poor PI with unsavory selling plateau party crashes. As January lingers, the numbers gently deflate to fewer than 4 million from a once-giddy crowd – perhaps a whisper of stability in the midst of turmoil!
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2026-01-02 10:52