Pi Network Price Today May 28, 2025: Pi Mainnet is Gradually Operating
Pi Network price today 5/28/2025 decreased by 0.4% compared to yesterday, currently at 0.7682 USD. In just 72 hours, more than 102 million Pi tokens were withdrawn from OKX exchange. A clear sign that Pi mainnet is gradually operating
Pi Network Price Today May 28, 2025
Pi price on OKX exchange on May 28, 2025 is fluctuating around the price from 0.7672 USD to 0.7913 USD (equivalent to 19,910 VND to 20,500 VND). Thus, at the time of writing, Pi price on OKX exchange decreased by 0.4% compared to yesterday, reaching 19,920 VND
In just 72 hours, more than 102 million Pi tokens were withdrawn from the OKX exchange. This is no longer a test signal or a promise from the Pi Network community, but a clear sign that Pi's mainnet is gradually becoming real. For those who have been following the project since early on, this is a moment worth waiting for. For the cryptocurrency market, this is a warning that Pi has moved from idea to reality.
According to public on-chain data shared by the account @MrSpockApe, a total of 102,776,657 Pi was withdrawn from OKX in three days. Notably, there were transactions of up to more than 70 million Pi in one go, suggesting that major shareholders or the Pi Core development team are starting to trigger a real liquidity phase, ushering in the "Open Mainnet" period.
Notably, all of these transactions are processed directly on the Pi blockchain, with gas fees of just 0.01 Pi. This demonstrates the network's scalability and operational efficiency.
However, not all signs are positive. An analysis by the account @Dr_Picoin showed that a wallet created four years ago with an initial balance of 2 million Pi had quietly transferred over 1.4 million Pi to a new wallet. This wallet was later found to be involved in large sales on the Gate.io exchange. This raised suspicions of an internal "liquidity pump".
While the Pi Core Team has the right to circulate tokens for development purposes, especially in the context of their $100 million Pi Network Ventures investment fund, the community still demands more transparency.
In an ecosystem moving towards true decentralization, transparent information about token usage is a must, not an option.
Japan Bond Crisis Spreads: Bitcoin Emerges as the New Safe Haven?
In just 45 days, the yield on Japan's 30-year government bonds has soared to 3.20%, marking a record high and sending shockwaves through global financial markets. The 40-year bond, which is considered safe, has lost more than 20% of its value. The total loss is estimated at $500 billion.
The main reason stems from the Bank of Japan's (BOJ) sudden change in policy. After years of maintaining bond purchases to keep yields low, the BOJ suddenly withdrew, flooding the market with supply. This caused yields to rise and liquidity to plummet, even to levels not seen since the Lehman Brothers crisis.
The shock from Japan is affecting the “yen carry trade” strategy, where investors borrow yen at low interest rates to invest in high-yielding assets abroad. As domestic yields rise sharply and the yen fluctuates, the strategy faces significant risks, especially with leveraged positions.
In this context, the cryptocurrency market, especially Bitcoin, is attracting new attention as an alternative “safe haven”. Many investors are starting to turn to Bitcoin as a means of protection against the unpredictable fluctuations of traditional financial markets.
However, choosing Bitcoin is not entirely risk-free. If a global flight wave occurs, money could flow back to the USD, putting pressure on the prices of risky assets like crypto.
However, in the longer term, Japan's debt crisis could prompt institutional investors to reconsider the role of Bitcoin and digital assets as a more effective hedging tool, as confidence in government bonds gradually falters.
