Despite a recent 7% price increase, Pi Coin remains below the targeted $1.70 as speculation continues surrounding its future value. Key reasons for the stagnation include the lack of direct correlation between the transition to Open Mainnet and price movements, and the overall limited liquidity in the cryptocurrency market. While the Pi Network’s Mainnet advances continue without a noticeable impact on price, analysts emphasize that long-term growth hinges on creating a robust ecosystem rather than relying solely on potential price targets. Official communications from the Pi Network have refrained from providing any direct statements about near-term price expectations or predictions.