Pi Network Launches .pi Domains: A Boon or Bane for Pi Coin?
Pi Network has introduced .pi domains, a new feature designed to enhance its blockchain ecosystem and create a more interconnected digital space within its platform. Launched on Pi Day 2025, these blockchain-based domains are currently available via an auction using Pi Coin (PI). This initiative aims to provide businesses, developers, and users with unique digital identities. While generating excitement, the launch also raises concerns about the practicality and long-term impact of .pi domains on Pi Coin's price.
Expanding the Pi Ecosystem
The .pi domain system launched on March 14, 2025, during PiFest 2025. Pi Network founder, Nicolas Kokkalis, described the potential for .pi domains to revolutionize digital identity, mirroring the impact of traditional domain names on the early internet. He stated in a recent video, "Just as traditional domains shaped the internet, .pi domains can transform how we connect and interact digitally."
These domains allow users, businesses, and developers within the Pi Network to secure personalized addresses, fostering a more connected digital ecosystem and providing easier access to Pi-based apps, stores, and services. The auction, running until June 28, 2025, allows users to bid with Pi Coin (PI) for their desired domains. While the Pi community is enthusiastic, several challenges threaten the initiative's success.
Challenges and Concerns
Despite the excitement, significant concerns exist regarding the .pi domain implementation. Limited accessibility is a major issue. Unlike traditional domains, .pi domains are only accessible via the Pi Browser or a "pinet.com" extension. This closed network could hinder widespread adoption, requiring users to rely on specific tools.
Furthermore, the lack of decentralization, as previously discussed, is a key concern. The Pi Network core team controls the domains, raising questions about governance, legal protections, and potential regulatory issues. Some users liken the system to a restricted local area network (LAN), limiting user control over their digital identities. This centralization could discourage significant investment from businesses and developers.
Trademark issues have also arisen, notably with auction listings like "Google.pi." This sparks debate surrounding intellectual property rights, potentially pressuring companies to purchase .pi domains for brand protection, regardless of their Pi Network presence. This could lead to legal complications and deter business adoption.
Pi Coin's Value: A Question Mark
Pi Coin's price has fallen 16.7% in the past two weeks, settling at $1.36 as of March 2025, significantly below its all-time high of $2.99 in February 2025. Despite the .pi domain launch, the coin's recent performance shows a decline, with a 9.8% decrease in trading volume and a 20% weekly drop.
Source: coingecko
ETHNews reports Pi Network's market capitalization at approximately $10.26 billion, trailing established cryptocurrencies like Dogecoin ($25.65 billion, price $0.1743). However, Pi Network's strong social media presence, particularly on platforms like X (formerly Twitter), indicates a robust community.
Analysts suggest a potential Pi Coin rebound. Recent technical analysis indicates a breakout from a bullish Falling Wedge pattern, potentially signaling a price surge of up to 72%, potentially pushing Pi Coin back towards $3. However, the success of this prediction hinges on the evolution of the Pi community and its domain system in the coming months.
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