TLDR
- Mr Spock has urged the Pi Core Team to implement buyback and burn programs to support the Pi Network price.
- He has also suggested burning all transaction fees to increase scarcity and potentially raise the Pi Network price.
- Analysts have observed large Pi token movements that have raised speculation about undisclosed buybacks by the Core Team.
- Forty-six million Pi coins were moved from OKX to a wallet believed to be controlled by the Core Team.
- The Pi Core Team is focusing on verified business partnerships to expand real-world use cases for the Pi Network.
The Pi Network price has faced sustained pressure after falling from earlier highs, and leading voices are urging urgent measures. Top community member Mr Spock has called for aggressive buyback and burn programs to support long-term value. Market data shows recent large-scale wallet movements, which have fueled speculation of possible strategic interventions.
Pi Network Faces Calls for Supply Cuts
Mr Spock urged the Pi Core Team to launch a buyback program to purchase Pi from the open market. He argued that this move would reduce circulating supply and demonstrate long-term confidence in the Pi Network price. “Pioneers have done their part for years,” he said, calling for “bold economic steps” to stabilize value.
He also proposed that all transaction fees within the Pi ecosystem be permanently burned instead of recycled into circulation. This, he said, would create scarcity and potentially lift the Pi Network price. Other suggestions included stopping traditional mining and introducing a utility-based mining model.
Additionally, Mr Spock recommended locking unused tokens and rewarding only those who directly contribute to ecosystem growth. He stressed that supply control should be paired with increased utility. His proposals have gained significant attention across the Pi Network community channels.
🔥 Pi Network Needs to Stabilize It’s Time for a Buyback & Burn Program 🔥
The only way to make Pi truly more valuable now is for the Pi Core Team to implement aggressive deflationary mechanisms.
🔁 No more passive token holding.
We need real economic action:✅ Buyback… pic.twitter.com/qOHvIswLAG
— Mr Spock 𝛑 (@MrSpockApe) August 8, 2025
Market Activity and Speculation
Analysts have tracked movements involving a wallet labeled “ODM” that recently acquired millions of Pi tokens from the open market. This has led some to suspect undisclosed buybacks aimed at supporting the Pi Network price. Others believe these tokens could be reserved for ecosystem grants or liquidity purposes.
Separately, 46 million Pi coins were removed from OKX and sent to a wallet called “Pi Foundation 2.” This wallet is believed to be under Core Team control and has reduced available market supply. Such moves during volatile periods can ease selling pressure and stabilize prices.
Coin burns remain a well-known deflationary tactic in cryptocurrency markets, though the Pi Network has not officially adopted a burn program. Community members continue to discuss implementing one to address oversupply. They argue that regular burns could make the Pi Network price more resilient.
Strengthening Network Fundamentals
The Pi Core Team has focused on enhancing the network’s base rather than distributing large token amounts to centralized exchanges. Tokens are now allocated to verified business partners approved through KYB, aiming to grow real-world use cases. This approach could indirectly influence the Pi Network price over time.
Pi Coin has also expanded its visibility through a listing on US-regulated mobile exchange Swapfone. While a Binance listing remains absent, these developments signal an effort to broaden market presence. The Core Team continues to explore strategies to reinforce both liquidity and utility.
With growing community pressure, the debate over buybacks and burns remains central to discussions about the Pi Network price trajectory.
