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Pi Coin under bear pressure as Pi Network turns one

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Pi Network mainnet turns one
Pi Network mainnet turns one
  • Pi Coin remains under pressure after losing over 90% from its peak.
  • Migration delays and locked balances continue to hurt user confidence.
  • Traders are watching the resistance at $0.18 and the support at $0.15 support closely.

Pi Coin is marking a difficult anniversary as selling pressure continues to weigh on the price.

The past year has been one of big promises, uneven delivery, and fading market confidence.

As the open mainnet clocks its first birthday, many holders are still waiting for clarity.

The token’s price action reflects that uncertainty.

A one-year milestone filled with mixed signals

The first year of the open Pi Network mainnet was supposed to be a turning point for the ecosystem. Instead, it has highlighted how far the project still has to go.

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Pi Network has expanded its infrastructure and rolled out several technical upgrades.

These updates were meant to improve stability and prepare the network for broader use. At the same time, millions of users have successfully migrated to the open mainnet.

That progress shows the scale and ambition behind the project. Yet a large group of early participants remains stuck.

Many users report locked balances, incomplete migrations, or stolen coins.

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KYC delays and new verification requirements have slowed access for others. This gap between development milestones and user experience has hurt sentiment.

Confidence is hard to rebuild when access to funds feels uncertain. That frustration has quietly spilt into the market.

Pi Coin price performance tells a harsh story

Pi Coin’s market performance over the past year has been unforgiving. After peaking near $3 shortly after trading began, the token has lost most of its value.

Recent data shows the price hovering near $0.17.

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Pi Network price
Source: Coingecko

That represents a decline of more than 90% from its all-time high of $2.99. Short-term rallies have appeared, but they have not lasted.

Each bounce has been met with renewed selling pressure. Profit-taking has become a recurring theme.

Large token transfers to centralised exchanges suggest that holders are eager to exit on strength. Trading volume, however, remains modest compared to the size of the circulating supply.

This imbalance keeps upward momentum fragile, and the market is clearly struggling to find a strong base.

Pi Network adoption hopes clash with market reality

On paper, the ecosystem continues to grow with new tools, developer initiatives, and venture funding underway.

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The idea is to build real use cases beyond speculation.

However, the market is focused on what exists today, not what may come later.

Liquidity remains thin relative to supply, and major exchange listings are still limited, restricting price discovery and keeping many institutional players on the sidelines.

While community optimism remains, it is more cautious than before. Many long-term supporters now want results instead of roadmaps.

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Until access issues are resolved at scale, confidence may remain fragile. This tension between vision and execution defines the current phase.

Pi Coin price forecast

From a trading perspective, Pi Coin is sitting at a critical crossroads. The area around $0.18 has acted as a stubborn resistance zone.

Repeated failures to break above it suggest weak buying conviction. A daily close above this level would be the first sign of renewed strength.

Above $0.18, traders will be watching the $0.20 region closely.

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That zone previously marked a short-term peak and heavy selling. On the downside, $0.17 is now an important psychological level.

A sustained move below it could expose support near $0.15. If selling accelerates, a deeper pullback toward $0.13 cannot be ruled out.

Momentum indicators remain mixed, leaning slightly bearish. This suggests consolidation or further downside before any meaningful recovery.

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Polymarket acquires prediction market API startup Dome

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Polymarket acquires prediction market API startup Dome

Polymarket has acquired Dome, a Y Combinator-backed startup that is building a unified API solution for developers to access and build across multiple prediction market platforms.

Summary

  • Polymarket has acquired Y Combinator-backed startup Dome.
  • Dome offers a unified API for cross-platform prediction market access.
  • It has raised $500,000 from Y Combinator and $4.7 million in seed funding.

The acquisition was confirmed by both companies in a Feb. 19 post on X, though neither side shared details about Dome’s future roadmap within Polymarket or how the team will be integrated. The financial terms of the deal were not disclosed.

According to details from Y Combinator, Dome was part of its Fall 2025 cohort and is developing a unified API for prediction markets through a single integration layer, where “developers can access live and historical data.”

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“Dome makes it simple to trade, embed market data into products, and deploy strategies across multiple platforms through one interface,” it said.

Dome raised $500,000 from Y Combinator and secured a further $4.7 million in seed funding, according to details shared on the X profile of co-founder Kunal Roy, who, alongside Kurush Dubash, previously served as founding engineers at Alchemy.

“We’re obsessed with prediction markets and want to have the biggest impact in the space. There’s no better place to do that than Polymarket.” Dubash wrote on X.

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Besides QCEX, a derivatives exchange and clearinghouse licensed by the U.S. Commodity Futures Trading Commission, which Polymarket acquired in a bid to re-enter the country, Dome marks the company’s first official acquisition focused on developer infrastructure.

Since it was greenlighted by the commission to operate an intermediated trading platform, Polymarket has secured multiple major partnerships with media brands like Yahoo Finance and Google Finance, alongside sports organizations such as Major League Soccer and the National Hockey League.

Last month, the company partnered with Parcl to launch a prediction market tied to real estate trends. It has also expanded onto the Solana blockchain through an integration with Jupiter and was recently added to the MetaMask mobile app, widening its retail distribution.

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Bitcoin May See Upside After AI Stocks Become ‘Silly Big’

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Cryptocurrencies, Bitcoin Price, AI

Bitcoin’s next major leg up could hinge on artificial intelligence stocks becoming excessively overvalued in the eyes of investors, according to macroeconomist Lyn Alden.

“It could be that the AI stocks eventually just peak, they get so silly big that they can’t get realistically much higher,” Alden told Natalie Brunell on the Coin Stories podcast published to YouTube on Thursday.

When an asset’s price rises to a level where further gains are harder to justify, capital often moves into other opportunities with more potential upside.

Cryptocurrencies, Bitcoin Price, AI
Lyn Alden spoke to Natalie Brunell on the Coin Stories podcast. Source: Natalie Brunell/YouTube

With Bitcoin (BTC) down almost 46% from its October all-time high of $126,100, Alden suggests it could be a beneficiary of that rotation.

Nvidia may be the “most important stock” in US, says exec

Some financial analysts are questioning whether the largest AI stocks will keep up their momentum in 2026. Albion Financial Group chief investment officer Jason Ware recently told Fox Business that he expects GPU chipmaker Nvidia (NVDA), the largest company on the Nasdaq stock exchange by market capitalization, to have “another great quarter,” but asked whether it will “be good enough.”

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“We all know they are the most concentrated, obvious winner in the AI build out. Can that growth continue in a way that supports the stock moving higher?”

Nvidia’s (NVDA) stock price is up 35.48% over the past 12 months, according to Google Finance, and Ware said that it is “probably the most important company and most important stock in America in the market.” 

The rise of investor interest in AI means that Bitcoin is now “competing for capital” in a way it never has before, Bitcoin developer Mark Carallo said on Thursday.

Bitcoin only needs a “marginal amount” of new demand

However, Alden said Bitcoin wouldn’t need a significant wave of capital to move higher. “It only takes a marginal amount of new demand to come in,” Alden said, adding that long-term holders essentially “put the floor in” as short-term traders rotate out.