Pi Network is once again making headlines as the token continues to remain stuck below $0.30, even as many altcoins hit major resistance levels in recent months. Pi’s last major peak came in February 2025, when it touched $2.98 before crashing more than 92%.
Pi Network users have been asking the same question: When will Pi finally rise? However, that answer might be hidden in an interview from 2023 when Chengdiao Fan, the co-founder and Head of Product at Pi Network, addressed this directly. Although she did not give a specific price expectation, she shared a clearer picture of the next phase and the challenges the industry must overcome.
The Crucial Next 3 to 5 Years for Crypto
Fan explained that predicting Pi’s rise is difficult because the entire crypto industry is still moving through major obstacles. According to her, the next three to five years will be the period where both Pi Network and the broader crypto space must solve problems related to awareness, regulation, and real-world usage.
1. Knowledge and Awareness
Fan said the crypto industry still struggles with how people perceive digital currencies. There is widespread misinformation and confusion. Clearing these misconceptions is essential before mass adoption can happen.
2. Regulation
She pointed out the need for clear and transparent rules. Many countries still do not have straightforward crypto regulations. Without a solid legal framework, large-scale growth remains slow.
3. Real World Applications
Fan stressed that blockchains need to integrate into daily life. Cryptocurrency must serve real use cases rather than being treated only as a speculative asset. She believes that once people use crypto for practical value, long-term growth will follow naturally.
Pi Network's Strategic Direction
Fan explained that Pi Network is focused on building social applications that run on crypto incentives. This is different from traditional Web2 apps that depend only on algorithms and advertisements.
She shared examples of what Pi is developing:
- •Social features powered by crypto incentives
- •Better content creation using economic reward systems
- •Apps that use crowd wisdom the way Pi’s KYC system does
- •New forms of social engagement that Web2 cannot offer
According to her, Pi’s strong community gives the project a unique advantage. With millions of users already connected, the network can build social products that immediately have real participation.
Fostering Innovation Beyond Web2 Models
Fan stated that the next three to five years will be a period of real innovation in blockchain. Instead of repeating old app models, crypto projects must explore new verticals and utilities. This includes better social platforms, smarter incentive systems, and community-powered services.
The Path to Pi's Value Growth
Fan did not provide a specific date for Pi's rise. However, her message conveyed several key points:
- •Growth depends on solving industry-wide challenges.
- •Real-world use cases are the key to Pi’s long-term value.
- •The next 3 to 5 years will shape the future of Pi Network.
In summary, Pi’s ascent will be driven by its utility, not by hype. According to its founder, the groundwork for this growth is currently being laid.