币界网报道：Pi Network's ecosystem continues to grow, surpassing 50 million engaged users globally as the project transitions from its mobile mining phase to building utility. While the network's native token PI currently trades around $30 on some exchanges, analysts caution this reflects speculative demand rather than organic adoption, as the token remains unavailable for open trading pending mainnet launch. The project's long-term valuation hinges on whether its unique "mobile-first" approach can drive real-world usage across its expanding merchant network and decentralized applications. Core team members emphasize their focus remains on technological infrastructure and compliance frameworks rather than price speculation, with recent developments including wallet upgrades and KYC verification scaling to accommodate the massive user base. Market observers note Pi's success will ultimately depend on transitioning its mining community into active