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Crypto Potato 2026-01-02 07:33:07

Pi Network’s Vague 2026 Goals Trigger Backlash as PI Misses Market Rally

Pi Network’s Vague 2026 Goals Trigger Backlash as PI Misses Market Rally

The Core Team behind the popular project recently published its own 2025 recap, in which it praised the significant progress it has achieved, perhaps most notably of which was the actual mainnet and token launch. However, it also failed to provide any actual goals for next year, aside from some vague words, which were quickly criticized by some of its fan base. The Backlash In its yearly recap, Pi Network’s team said 2025 was a “defining” one for the project due to the Open Network and PI token launch in February. This opened the door for “Pi’s ecosystem to interact with the broader blockchain world – a milestone achieved after more than six years of building Pi’s infrastructure and community, ensuring real utility was ready at launch.” It continued by highlighting the subsequent updates, AI introductions, progress on the KYC scene, the release of the Pi App Studio, Pi Network Ventures, and so on. It also outlined several of its community-focused initiatives, such as the Q3/4 Hackathon, the ecosystem directory staking, and the .pi Domains Auction. When it came to setting 2026 goals, though, the post was rather imprecise and perhaps equivocal. It reads: “The Pi community’s efforts this year enabled the launch of Open Network and the many apps, utilities, and features that will continue to be worked on. Pi Network in 2026 will be shaped by Pi’s long-term strategies and planning, in addition to Pioneers, developers, and partners building and using the ecosystem together.” Given the lack of specifics, a significant portion of the comments below the X post turned negative. One user said that “years of hype, delays, vague timelines, and zero accountability have destroyed market confidence.” Another added , “talking to the Pi team is like someone painting in the air! Useless!” A third one claimed “nothing good comes out of the Pi ecosystem,” while OLOBO had some painful predictions for the project’s native token: “The slowest project in history. The hypes have faded. By June 2026, Pi would be trading at $0.001.” PI Misses the Rally After several days of sideways action, many altcoins have posted impressive gains today. Some of them are even placed around Pi Network’s PI in terms of market cap, such as ENA, which has rocketed by 10%. However, PI’s price action has remained muted as the asset continues to fight to stay above the $0.20 support despite some promising signs . What could be somewhat worrisome for PI’s short-term performance is the fact that more than 6 million tokens will be unlocked today, which could increase the selling pressure. After the middle of the month, the number will gradually decline to under 4 million at times, which could provide some market stability. PI Token Unlock Schedule. Source: PiScan The post Pi Network’s Vague 2026 Goals Trigger Backlash as PI Misses Market Rally appeared first on CryptoPotato .

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