Pi Coin is unlikely to reach 1 USD this September.

In the current crypto market landscape, Pi Coin (PI) is entering a sensitive phase after officially launching the Open Network in February 2025. The connection with centralized exchanges (CEX) and on-ramp partners is being conditionally implemented, creating a new turning point for the ecosystem. As of September 7, the price of PI fluctuates around 0.34 USD – just slightly above the historical low of 0.33 USD at the end of August. Liquidity is primarily concentrated in the PI/USDT pairs on OKX, Gate, or Bitget, while the market capitalization has placed Pi in the top 60 globally.

In terms of infrastructure, Pi is solidifying its technical foundation by announcing Node Linux and planning to upgrade the protocol to version 23 by the end of August. The development team warns of the possibility of short-term disruptions to services such as deposits and withdrawals, which often cause significant market sentiment fluctuations. At the same time, the implementation of the KYB mechanism for partners and KYC for users in the Open Network is expected to lay the groundwork for long-term transparency and expansion.

Technically, Pi is forming an accumulation zone on the support at 0.331 – 0.335 USD. This is a key threshold: if broken, the price could retreat to 0.3 – 0.31 USD. Conversely, if buying pressure is strong enough to push PI above 0.385 USD, the market may witness a rebound to 0.42 – 0.45 USD – an important psychological supply zone and also an old accumulation cluster. This possibility is even clearer if the infrastructure upgrade goes smoothly and exchanges expand deposit and withdrawal options.

Price chart of PI 1 day | Source: TradingViewIn September, the short-term outlook can be divided into three scenarios. The most likely scenario is that Pi continues to move sideways in the range of 0.33 – 0.38 USD, reflecting a wait-and-see attitude for clear news. In a positive scenario, the influx of altcoin capital along with favorable technical developments could push the price back to 0.42 – 0.45 USD. Conversely, issues in the upgrade or a downward trend of Bitcoin could cause Pi to break below 0.331 USD.

Investors during this period need to closely monitor: the progress of version 23, official announcements from Pi Network, the deposit and withdrawal status on major exchanges, and the response of Pi to Bitcoin fluctuations. It is also important to note that the price data of Pi can sometimes be confusing due to the existence of the parallel PI index [IOU] from before the mainnet launch. Therefore, verifying the price source and selecting a valid trading channel is crucial to avoid risks.

Can Pi Coin recover to 1 USD?

In the current volatile context, the question “Can Pi Coin reach 1 USD in the short term?” is more relevant than ever. This is not just a price milestone, but also a symbol of the community's trust in a project that was once mined for free on mobile phones, and is now gradually integrating into the real market.

Although it is present on several major exchanges, liquidity remains limited, reflecting that Pi is still “young” in its development lifecycle. The technical infrastructure, KYC/KYB mechanisms, and market liquidity still need time to improve.

In theory, the milestone of 1 USD is not too far-fetched. To reach this level, Pi needs to triple – a completely feasible figure in the context of the crypto market, which often sees increases of 200–300% in just a few weeks. However, to turn that into reality, Pi needs to converge many factors: a stable network after upgrades, stronger support from large exchanges, and resonance from the broader market, where Bitcoin still plays a leading role above the 100,000 USD mark.

However, the risks for Pi are still significant. A large volume of Pi mined during the pre-mainnet phase could become a potential selling pressure, especially when market confidence declines. Additionally, any technical issues or delays in upgrades can easily make investors lose patience. Short-term speculative factors can create quick price spikes, but they are unlikely to provide long-term stability.

Overall, in the short term – especially in September – it is unlikely for Pi to reach 1 USD as the price tends to fluctuate within a narrow range of 0.33 – 0.45 USD. However, in the medium term, over the next 6 to 12 months, the outlook is more optimistic. If the infrastructure is strengthened, altcoin liquidity returns, and Pi proves its real application value, then the milestone of 1 USD is entirely within reach.

Taylor