An analysis suggests that for Pi Coin (PI) to reach $10 or more in the long term, a structure must be established in which PI is continuously used in actual economic activities, going beyond mere investment demand.

'Expanded Real-World Use' Is the Key Condition

Deepak, active in the CoinMarketCap community, cited expanded practical utility as the key condition for Pi Coin to rise above $10. He argued that demand requiring PI within the Pi ecosystem—such as payments, services, and applications—must be formed in order to support a price increase.

This analysis partly aligns with the ecosystem expansion direction pursued by the Pi Network. The Pi Network officially seeks the value of PI in a real-use ecosystem where goods, services, and user activities are connected. The official partner page currently introduces more than 70 Pi apps utilizing PI for payments and transactions.

Transaction Frequency, Not User Scale, Is the Key

In particular, the crucial factor is actual transaction frequency rather than the size of the user base itself. Even if millions of users exist, if they merely hold PI, the direct effect of expanding demand may be limited. Conversely, if PI is repeatedly used for product purchases, service usage, and in-app payments, there is a possibility that a real-demand foundation capable of absorbing circulating supply will be formed.

Developer Ecosystem and Merchant Expansion Are Also Variables

The developer ecosystem is also a variable. The Pi Network provides SDKs and development platforms so that developers can build their own apps. In June this year, it unveiled new features such as SoloHost and Pi Sign-in, pushing ecosystem expansion into AI, computing, and external service areas.

Merchant expansion is also cited as an important condition. This is because as more businesses accept PI as an actual payment method for goods and services and transactions are repeated, Pi Coin can strengthen its function as a medium of exchange beyond being a speculative asset.

'$10' Remains an Unverified Target

However, the $10 price target is difficult to accept as a verified outlook at this stage. In recent markets, PI has been trading around $0.10, meaning a price increase of roughly 100 times from the current level would be needed to reach $10. Recent analyses also point to how well actual usage demand can absorb the expanding circulating supply as a key variable.

Ultimately, the key factor determining Pi Coin's long-term price is more likely to be actual usage volume than the number of users itself. Apps and services requiring PI must increase, merchant payments must expand, and sufficient market liquidity must be formed. Whether continuous demand exceeding newly released supply will be created is expected to be the main test for Pi Coin's price going forward.

[※ This article was written for the purpose of providing information about the cryptocurrency market and does not recommend the purchase or sale of any specific virtual asset or guarantee investment returns. Price forecasts, support and resistance levels, and target prices mentioned in the article are scenarios based on technical analysis by market participants and may unfold differently from actual price movements. Cryptocurrencies are high-risk assets with extreme price volatility, and you may lose part or all of your investment principal. Investment decisions and their responsibilities rest with the investor, so please thoroughly review market conditions and related information before investing. This article was written with AI assistance.]