Jakarta, Pintu News – The price of 1 Pi Network in Indonesia on September 16, 2025 was recorded at around IDR 5,876 per coin (approximately $0.3594). The increase of around 2.25% in the last 24 hours occurred as the daily trading volume reached $48.34 million. Read the latest news about Pi Network in this article!
The Pi Network (PI) price chart on September 16, 2025 shows positive movement after a long period of consolidation. In the last 24 hours, the price of PI increased by about 2.25%, reaching $0.3594, with a market capitalization close to $2.9 billion. Trading volume also increased significantly, reaching $48.34 million, up almost 14% compared to the previous day.
At the start of the session, the PI price moved flat in the $0.345-$0.350 area. However, towards the morning, the chart showed a sharp spike that took the price beyond $0.355 to touch an intraday peak around $0.360. After the spike, the candlesticks showed a stabilizing pattern, with the price holding above $0.358, signaling a rebalancing phase after the rapid rally.
Market sentiment also seemed positive, with 88% of community votes showing a bullish attitude towards PI. On the right side of the screen, community posts highlight that Pi Network has completed the Testnet1 upgrade to protocol version 23, which is one of the drivers of optimism ahead of the mainnet launch. Overall, this graph reflects investor enthusiasm for the progress of the Pi Network project as it moves closer to a fully operational phase.
Also read: Gold Jewelry Price Today, Tuesday, September 16, 2025, Up or Down?
Since its initial announcement as a cryptocurrency for everyone that can be mined via smartphones, Pi Network has carried the slogan of being the “digital currency of the people”. But the latest data from PiScan shows a much different reality: the distribution of Pi ownership is extremely unequal, with a small number of holders (whales) controlling most of the supply, while the majority of users hold only a very small amount.
PiScan data reveals that there are 22 wallets that hold more than 10 million Pi each – meaning that each wallet represents holdings worth at least US$3.5 million based on current prices.
The largest wallet is controlled by the Pi Foundation, with one wallet alone holding approximately 52.2 billion Pi worth over US$18 billion (≈ Rp295 trillion).
In addition to whales, PiScan also divides accounts into categories based on ownership size:
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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