Pi Network is once again making headlines as the token remains stuck below $0.30, even as many altcoins have hit major resistance levels in recent months. Pi’s last major peak came in February 2025, when it reached $2.98 before crashing by more than 92%.
Pi Network users have been asking the same question: when will Pi finally rise? However, that answer may be hidden in a 2023 interview when Chengdiao Fan, co-founder and Head of Product at Pi Network, addressed this directly. While she didn’t provide a specific price forecast, she shared a clearer picture of the next phase and the challenges the industry must overcome.
“It’s hard to say” – but the next three to five years are crucial
Fan had explained that predicting the rise of Pi is difficult because the entire crypto industry is still going through major hurdles. According to her, the next three to five years will be the period in which both Pi Network and the broader crypto space will need to solve issues related to awareness, regulation and real-world usage.
1. Knowledge and awareness
Fan said the crypto industry is still struggling with how people perceive digital currencies. There is widespread misinformation and confusion. Dispelling these misconceptions is essential before mass adoption can occur.
2. Regulations
She pointed out the need for clear and transparent rules. Many countries still do not have clear crypto regulations. Without a solid legal framework, large-scale growth remains slow.
3. Real world applications
Fan emphasized that blockchains should be integrated into everyday life. Cryptocurrency should serve real use cases and not just be treated as a speculative asset. She believes that once people use crypto for practical value, long-term growth will follow.
Where Pi Network Fits
Fan explained that Pi Network focuses on building social applications that run on crypto incentives. This is different from traditional Web2 apps that rely solely 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 the wisdom of the public like Pi’s KYC system does
- New forms of social involvement that Web2 cannot offer
She says Pi’s strong community gives the project a unique advantage. With millions of users already connected, the network can build social products that have real participation immediately.
Innovation, not copying Web2
Fan said the next three to five years will be a period of real innovation in the blockchain space. Instead of repeating old app models, crypto projects should explore new verticals and tools. This includes better social platforms, smarter incentive systems and community-driven services.
So when will Pi rise?
Fan did not provide a date. But her message was clear:
- Growth depends on solving industry-wide challenges
- Real-world use cases are key to Pi’s long-term value
- The next 3 to 5 years will determine the future of Pi Network
In short, the rise of Pi will come from utility, not hype. And according to the founder, the foundation for that rise is currently being laid.
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