Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Pi Network opens mainnet for trading, hits $2.99 peak, then falls to $0.15 amid supply and listing challenges.

Protocol Fundamentals
24 May 2026
Crypto news
View Source
Neutral
pluang ai news

Pi Network opened its mainnet firewall on February 20, 2025, allowing its PI token to trade externally and initially reaching a peak price of $2.99. Since then, the price has declined to around $0.15 by mid-2026 due to ongoing supply inflation from token unlocks and the absence of listings on major tier-1 exchanges like Binance and Coinbase. The project has activated smart contracts on its mainnet, enabling new decentralized applications and ecosystem growth, while continuing to address a large KYC verification backlog. The next year will focus on expanding ecosystem utility, resolving exchange listing issues, and leveraging its verified human identity layer for AI applications, but significant uncertainties remain.

More News

AstraZeneca rated 'Strong Buy' after strong Q1 2026 revenue growth and promising drug data.

AstraZeneca rated 'Strong Buy' after strong Q1 2026 revenue growth and promising drug data.

AstraZeneca received a 'Strong Buy' rating following robust revenue growth in Q1 2026, driven by 16% and 15% increases in its Oncology and Rare Disease segments, respectively. Key drugs IMFINZI and ULTOMIRIS showed positive phase 3 trial results, ope...

Company Fundamentals
Bullish
4 hours ago
Solana hits record 112.6M daily transactions in Q1, with $144M launchpad revenue and rising real-world asset interest.

Solana hits record 112.6M daily transactions in Q1, with $144M launchpad revenue and rising real-world asset interest.

In Q1 2025, Solana achieved a new milestone with 112.6 million average daily non-vote transactions, a 50% increase from the previous quarter, signaling strong user engagement despite market downturns. Launchpad platforms generated $144 million, accou...

Protocol Fundamentals
Bullish
4 hours ago
Ethereum nears key breakout points at $2,500 and $3,000 after retesting support levels.

Ethereum nears key breakout points at $2,500 and $3,000 after retesting support levels.

Ethereum is at a critical juncture after retesting support near a rising trendline and pushing toward short-term resistance. Analysts highlight that a confirmed breakout above the descending resistance line could first target $2,500, with a stronger ...

Technical Signals
Bullish
4 hours ago
StablR stablecoins lose peg after $2.8M exploit via compromised private key on Ethereum.

StablR stablecoins lose peg after $2.8M exploit via compromised private key on Ethereum.

StablR's stablecoins EURR and USDR lost their pegs after attackers exploited a weak multisig wallet setup, stealing about $2.8 million worth of crypto. The breach was due to a compromised private key, not a smart contract flaw, allowing hackers to mi...

Market News
Bearish
4 hours ago
AMD gains ground on Nvidia in AI with CPU parity and growing ROCm adoption.

AMD gains ground on Nvidia in AI with CPU parity and growing ROCm adoption.

Advanced Micro Devices (AMD) is emerging as a strong competitor to Nvidia in the AI and data center GPU market. AMD's progress includes achieving CPU parity with Nvidia's Vera, accelerating adoption of its ROCm AI software stack, and developing Helio...

Analyst Insights
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App