Pi Network Trading Restarts on BitMart Amid Investor Concerns

25.04.2025 18:43
Pi Network has resumed trading on BitMart following a month-long suspension, as the exchange confirms support for the network's mainnet migration and a 1:1 token swap process pending KYB approval. The decision has come against a backdrop of significant price volatility, with Pi Coin experiencing an 80% drop from its earlier highs. Community members have expressed frustration over delayed withdrawals and unclear timelines, adding to the bearish sentiment. Crypto commentator Dr. Altcoin noted that while some expect improved liquidity post-swap, clarity from BitMart and the Pi Network Core Team is crucial for restoring confidence. Although historical patterns indicate that trading resumes often prompt a short-lived rebound, sustainable recovery will require deeper ecosystem growth and successful integration into major platforms. Looking ahead, potential developments such as broader exchange expansion and Pi Network’s involvement at Consensus 2025 could influence the market dynamics, offering hope for long-term stability despite the immediate challenges.