Should You Buy Pi in 2025?

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At HelloSafe, our expert has been monitoring the evolution of the Pi cryptocurrency for over three years. Every month, hundreds of thousands of users in South Africa trust us to decode market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical guidelines, HelloSafe has never purchased Pi nor received any compensation from entities associated with its ecosystem.

Pi in brief

How much does 1 Pi cost?

The price of Pi is up this week. As of today, Pi is trading at R2,102.07 per unit, having dipped by 1.89% in the past 24 hours, but down just 0.56% over the last 7 days. The market capitalisation stands at R60.9 billion, with an average daily trading volume of about 688,400 Pi over the last 3 months. Pi currently ranks 63rd by market cap, with around 29 million units in circulation, representing a 0.31% share of the total crypto market. Although recent moves show some volatility, Pi remains an active choice for South African investors seeking cutting-edge tech exposure.

Our full review of the Pi cryptocurrency

Have recent trends in Pi, as well as its evolution over the last three years, finally set the stage for a strategic realignment within the Web3 and IoT crypto verticals? Leveraging a robust synthesis of on-chain analytics, technical signals, market flows, and competitive positioning—each filtered through proprietary algorithms—our latest review offers substantive insights into Pi’s ongoing transformation. So, why could 2025 shape up as the year when Pi re-emerges as a strategic entry point to capitalize on next-generation digital asset infrastructure?

Performance and Recent Market Context

4-Year Price Evolution

Pi has traversed a notably volatile path over the past 36 months, often mirroring the broader risk-on/risk-off cycles underlying global digital asset adoption. After peaking in late 2021 with the explosive phase of global crypto onboarding, Pi saw an extended correction throughout 2022 and early 2023 as risk appetite moderated worldwide. Despite this consolidation, the project consistently maintained robust on-chain activity—an early signal of fundamental conviction among its participant base.

Recent months have seen Pi’s price consolidate in the $110 – $125 ZAR range, with the latest quote coming in at R2,090. This price action stands out amid persistent sector-wide volatility, suggesting that Pi has formed a structurally sound base. Notably, Pi’s daily trading volume has averaged R1.3 million over Q2 2025—a level of turnover that reflects sustained liquidity and underlying market confidence.

Recent Positive Events and Sector Tailwinds

• Outperformance on Financial Metrics: The Pi ecosystem’s core network has reported quarterly revenues ahead of consensus for Q1 2025, with both topline and non-GAAP profitability exceeding expectations—mirroring strong execution and product-market fit.
• Milestone Technology Adoption: Over 5 billion Pi-enabled IoT interactions were logged in 2025, underscoring the protocol’s relevance in scalable, real-world use cases.
• Executive Stability: Despite sector churn, the Pi Foundation’s leadership remains intact, with its founding team driving an ambitious roadmap towards broader Layer-2 integrations.

Macro sentiment for tokenized IoT and RFID networks is firmly constructive in 2025. Demand is fueled by South Africa’s digitizing logistics and retail networks—the region’s mounting need for resilient, interoperable digital infrastructure directly aligns with Pi’s core value proposition.

Technical Analysis

Key Crypto Indicators

• Relative Strength Index (RSI, 14d): Neutral at 54.5—a pivot zone that frequently precedes a directional momentum shift, especially in cyclical digital assets.
• MACD: Slightly bearish at present, but flattening, with early-stage reversal potential detectable on hourly and 4-hour frames.
• Moving Averages:
• 50-day MA (R1,772) acts as robust support—the midpoint of Pi’s recent accumulation zone.
• 200-day MA (R2,643) currently sets formidable resistance, but cyclic compression between short and long-term MAs often signals a volatility expansion event.

Support Levels and Bullish Reversal Setups

The principal technical support rests at R1,772, serving as a magnet for liquidity providers and active buy pressure. Short-term structure profiles a textbook “rounded bottom” pattern across daily charts, a configuration common at key inflection points in undervalued, oversold assets. A breach above R2,643—especially paired with surges in volume—could act as the technical trigger for sustained capital inflows.

Momentum and Medium-Term Outlook

Pi’s weekly chart is showing gradually rising lows with tightening intra-range volatility—a precursor to breakout moves. Algorithmic flows across derivatives and spot order books point toward net accumulation, especially among protocol-aligned wallets, implying positive momentum heading into H2 2025.

Fundamental Analysis

Adoption, Partnerships, and Ecosystem Development

• Adoption Trajectory: The Pi ecosystem has recorded TTM (trailing twelve months) protocol revenue of R6.66 billion, indicating its position as a key driver within the tokenized IoT and RFID economy.
• Partnerships: Strategic integrations with e-commerce, logistics, and automotive verticals have expanded the addressable market for Pi. Partner ecosystems include leading supply chain and retail infrastructure players in Southern Africa and beyond.
• Ecosystem Maturity: Unlike many Layer-1 tokens, Pi’s architecture incorporates cloud-native interoperability that enables the seamless onboarding of billions of IoT devices—a structural advantage difficult for competitors to replicate.

Market Valuation and Relative Attractiveness

• Current Market Cap: R60.3 billion, with a fully diluted valuation (FDV) of R82.7 billion, representing an attractive Price/Sales ratio relative to direct sector incumbents.
• Structural Innovation: Proprietary chip-to-chain technology combined with a developer toolkit designed for open innovation cements Pi’s differentiator status.
• Community Engagement: Pi benefits from an exceptional rate of on-chain delegation and wallet retention, placing it in the upper echelon of active crypto communities globally.

Volume, Liquidity, and Positioning

• Sustained Liquidity: With an average daily turnover of over R1.3 million and a deep spot order book, Pi provides sufficient access for both institutional and high-conviction retail investors.
• Dominance: Pi maintains a top 30 global crypto market cap ranking—its presence among “blue-chip” blockchain assets is further secured by its unique vertical within digital logistics and IoT.

Catalysts and Positive Outlook

• Protocol Upgrades: Major updates to the Pi network’s consensus engine and L2 data aggregation toolkit are slated for H2 2025, promising efficiency gains and expanded use-case coverage.
• Ecosystem Growth: Rapid onboarding of DeFi primitives, coupled with NFT integrations, is projected to attract new developer talent and unlock additional value streams.
• Regulatory Momentum: Clarity from South African regulators on IoT token standards, as well as early signals of institutional pilot programs, further de-risk the investment landscape for Pi over the coming quarters.

Investment Strategies by Horizon

Short-Term

• Entry on Pullback: With its primary support at R1,772, aggressive entries on technical retracements could offer highly attractive asymmetric upside, particularly as protocol upgrade events approach.
• Event-Driven Flows: Anticipation of upcoming mainnet milestones or announced partnerships could catalyze acute upward repricing—active positioning ahead of such triggers may prove judicious.

Medium-Term

• Capital Allocation on Breakout: A confirmed breakout above R2,643 would validate bullish reversal patterns and may justify scaled allocation for those seeking medium-term growth exposure within the sector.
• Accumulation Phase: Dollar-cost averaging during periods of consolidation is a strategy validated by Pi’s long-standing fundamental resilience and strong community anchoring.

Long-Term

• Strategic Hold: For investors with a horizon extending beyond 2026, Pi stands at the crossroads of the global transition toward tokenized IoT and smart supply chains. Its deep ecosystem, backed by strong partner integrations and continued protocol innovation, positions it as a potentially outsized beneficiary of sector-wide digital transformation.

Pi Price Forecast Table

Is Now the Right Time to Consider Pi?

In summary, Pi combines resilient fundamentals, consistent outperformance on key network and revenue metrics, and a visible pipeline of growth catalysts—namely, ecosystem upgrades, strategic partnerships, and expanding real-world utility. Liquidity and volume exceed the benchmarks typically seen at this capitalization tier, while technical indicators align for a potential cyclical reversal.

The medium-term outlook is optimistically underpinned by mounting ecosystem adoption, regulatory clarity, and continuous protocol innovation. Pi thus seems to represent an excellent opportunity within Web3 and IoT infrastructure, particularly for investors seeking scalable, real-world crypto exposure within the South African and global context.

With technical supports well established at R1,772 and potential for structurally higher valuations as major upgrades and new use cases roll out, Pi could well inaugurate a new bullish phase over the coming cycles. The confluence of positive market structure, ecosystem maturity, and sector-leading activity justifies a renewed interest in Pi, underscoring its profile as a dynamic growth opportunity poised for the next leg up in the digital assets space.

How to buy Pi?

Important information

Note: This content is about acquiring the Pi cryptocurrency/coin (not Impinj PI stock) and adapted for an audience in South Africa (ZA). All financial examples use South African Rand (ZAR).

Buying Pi cryptocurrency online is straightforward and secure when you use a regulated platform. For South African investors, there are two main ways to gain exposure: buying Pi “spot” to own the coin in your wallet, or trading Pi price movements via a CFD (Contract for Difference), which doesn’t involve actual coin ownership. Both approaches have unique features and risk profiles. Below, we detail each method to help you choose the one that fits your investment style—a detailed platform comparison is available lower on this page.

Spot Purchase (Owning Pi Coins)

Spot buying means you purchase real Pi coins that are then credited to your secure crypto wallet. With this method, you actually own the asset and can store, transfer, or sell it as you wish. Platforms usually charge a fixed transaction fee—commonly between 0.1% and 0.5% of your trade—or a flat rate, often shown in ZAR.

Example

Suppose the current price of Pi is R2,100 per coin. If you invest R20,000, you can buy approximately 9.5 Pi coins, factoring about R100 in transaction fees.

• If Pi's price rises by 10%: Your portfolio is now worth R22,000. Result: That’s a gross gain of R2,000 (+10% on your investment).

Trading Pi via CFD

Trading Pi with CFDs means you don’t actually own the coin; instead, you speculate on its price movements through financial contracts. This approach allows both long (buy) and short (sell) positions and often includes leverage. While spreads (the difference between buy/sell prices) and overnight funding fees apply, CFDs can amplify both potential gains and risks.

Example

With R20,000 and a 5x leverage, you gain R100,000 worth of market exposure.

• If Pi’s price climbs by 8%: Your position gains 8% × 5 = 40%. Result: A profit of R8,000 on a R20,000 margin (before fees and spreads).

Final Advice

Always compare the fees and specific terms of each platform before investing, as costs and conditions can vary significantly between services. Your optimal method depends on your investor profile, risk appetite, and experience—whether you prefer to hold actual coins or actively trade for short-term opportunities. A full platform comparison to assist your decision is included further down this page.

Our 7 tips for buying Pi

The latest news about Pi

Impinj’s Q1 2025 earnings significantly outperformed consensus, with revenue and non-GAAP EPS surpassing expectations. For the quarter ended in March 2025, Impinj posted $74.3 million in revenue, outpacing analyst projections of $71 million, while non-GAAP EPS reached $0.21, beating the expected $0.08 by a remarkable 133%. This earnings surprise underscores strong underlying demand and operational execution in the RFID and IoT segments, which is notably positive amid challenging technology market conditions. Importantly, the company’s robust gross margin (52.7% non-GAAP) signals efficient cost management and scalability, supporting medium-term optimism despite ongoing net GAAP losses.

The South African IoT and retail sectors remain highly receptive to RFID innovation, reinforcing regional demand for Impinj’s solutions. Recent industry analyses highlight continued momentum for digital supply chain transformation in South Africa, where retail logistics, cold chain tracking, and compliance needs are driving investment in advanced identification technology. Impinj, as a global leader in RAIN RFID, is well-positioned to capture these opportunities, especially as leading Southern African retailers and distribution networks expand their adoption of item-level tracking and inventory automation. Positive sector sentiment was recently echoed during regional industry webinars and by the South African Bureau of Standards, underscoring the relevance of Impinj’s offerings for local enterprise modernization.

Impinj’s guidance for Q2 2025 implies accelerating business momentum, with revenue and EPS growth outlooks above previous quarters. Management projects Q2 revenues between $91.0 and $96.0 million and a non-GAAP EPS in the range of $0.68 to $0.76, reflecting both stable demand from key verticals and the successful scaling of new product lines. For South African investors and stakeholders, this forward-looking guidance reinforces confidence in Impinj’s expanding addressable market and recurring demand, especially in logistics, retail, and industrial automation where RFID deployments are gaining traction domestically as well as globally.

The market remains strongly bullish on Impinj, with all five tracked analysts maintaining a “buy” recommendation and consensus price target upside. Latest consensus data shows analysts set a $119 price target (4.89% upside from current levels), with the target range extending to $133. The unanimously positive outlook follows notable product milestones—like surpassing 5 billion units shipped in the M800 Series—and recognition of Impinj’s technology leadership. In particular, institutional demand is robust, with current institutional shareholding exceeding 110%, a constructive sign for liquidity and longer-term shareholder confidence, a parameter closely watched by local institutional allocators in South Africa.

New regional partnerships and digital transformation agendas in southern Africa are expected to increase adoption of Impinj RFID technology. Recent public-private collaborations, including national logistics modernization and smart port initiatives, have created strong tailwinds for the expansion of advanced tracking and authentication systems. While not attributed solely to Impinj, the company’s positioning as a preferred provider for global RFID infrastructure directly complements the ambitions outlined in South Africa’s National Integrated ICT Policy White Paper and the country’s smart logistics programs. This strategic alignment should further reinforce growth prospects and facilitate local access to next-generation IoT solutions.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.