Is the dream of the Pi network over? The core team’s anniversary post was met with anger from pioneers

“What reason is there to celebrate,” asked one of the popular Pioneers under the Core Team post.

However, many users once again questioned the actual use case of the project and lashed out at the lack of progress on the migration.

Open Network celebrates its first anniversary

In its blog post, the team says started sketching some of the achievements already achieved before the official launch of the Open Network on February 20, 2025.

“Before Open Network, the Pi community collectively built out the ecosystem over six years to ensure Pi’s readiness and sustainable usefulness. This development period allowed Pi to create real-world apps and tools for Pioneers to work with, and verify the identities of millions of Pioneers to prepare the network for real-world assets and production processes.”

They explained that the main idea of ​​Pi is to be freely accessible, so that “anyone can mine without technical or financial barriers.” The team added that this design allowed for broad distribution and inclusivity, and also allowed the network and all participants “to have the patience to engage in the difficult work required to establish a fully functional ecosystem based on utility.”

The post doubled down on the network’s progress, which aligns with the team’s long-term vision and strategy: creating an inclusive, utility-driven, and widely adopted cryptocurrency that is widely accessible.

Pioneers strike out

Perhaps it was some of those statements that sparked a significant response from countless Pioneers at X under the Core Team post. YouLong/PiNetwork – a popular pioneer with 27,000 followers, increased a few valid questions about the network health and performance of the underlying token:

“What reason is there to celebrate this? To celebrate the fact that compliant users have not migrated? Or to celebrate the steady decline in coin prices over the past year since launch? Approach the genuine concerns of long-time miners with objectivity.”

It is worth noting that the PI token has been in freefall for almost a year. The price peaked at $2.99 ​​on February 26 last year, but has since fallen 94.5% and is now inches above $0.16.

You might also like:

Other users echoed the previous statement, with one add”We are tired of waiting for the second migration,” while others said they have been waiting for that currency migration for five or six years.