$PI Open Network Report on the occasion of the one-year anniversary shows that there have been 16.2 million mainnet conversions and 17.7 million KYC completions, demonstrating a strong ecosystem data but the price remains near historic lows. In the community, 29% are optimistic, 21% are pessimistic, and the rest are neutral.

The optimistic view states that:
- Pi has completed 16.2 million mainnet conversions and 17.7 million KYC registrations, with the ecosystem driving rapid development.
- The price has increased by 40% over the week, breaking short-term lows, approaching the important resistance level of $0.20-0.21, and surpassing it could open up growth potential.
- The KYC completion rate has reached a record high, removing barriers to user adoption, which benefits the long-term scalability of the ecosystem.
The pessimistic view states that:
- Pi's trading price is at an all-time low, with the long-term resistance of $0.20-0.21 repeatedly rejected by the market.
- The fear index has remained low at 8-9 for many days, reflecting weak risk sentiment among investors, indicating a lack of confidence in the market.
- Macroeconomic policy uncertainties continue, and Fed's monetary policy could put pressure on the valuation of risk assets.