Pi Network has outperformed XRP in a recent poll about cryptocurrency usage on Zypto Visa cards, even as its market price continues to decline. The online survey asked crypto users to predict which digital currency was most used to complete Zypto Visa card transactions over the past week. The final results surprised many, with Pi Network securing the top spot, followed closely by Dash. The newcomer USD1 ranked third, while XRP unexpectedly finished last.
Key Takeaways from the Poll
- Pi Network emerged as the most-used cryptocurrency in the survey.
- Dash narrowly missed the top position but has previously led the list in other weeks.
- XRP recorded significantly lower activity, signaling a notable decline in usage within the Zypto community.
Quote from Zypto App:
"Pi Network was indeed the most used among the four, but Dash was very close in second place. Other weeks have actually seen Dash leading the poll."
— @zyptoapp (June 1, 2025)
Market Challenges for Pi Network
Despite its strong performance in real-world usage, Pi Network faces significant market headwinds:
- Price Plunge: As of May 31, 2025, the PI token price dropped 22% in just one week to $0.65**, coinciding with a broader crypto market sell-off that erased over **$170 billion in market cap.
- Liquidity Issues: The token remains unlisted on major exchanges, limiting liquidity and deterring institutional investors.
- Lack of Updates: Absence of major announcements from the project team has fueled uncertainty.
👉 Why Pi Network’s real-world adoption contrasts with its market struggles
What’s Next for Pi Network’s Price?
Analysts warn of further downside risks if selling pressure persists:
| Scenario | Price Target |
|---|---|
| Bearish Continuation | Below $0.55** (next support), potentially testing **$0.40 (historic low) |
| Bullish Reversal | Recovery to $0.86 if buying momentum returns |
Long-Term Concerns
The widening gap between Pi Network’s utility growth and its declining token price raises questions about investor confidence. While its adoption in payment systems (like Zypto Visa) is promising, the project must address market-facing challenges to sustain credibility.
FAQ Section
1. Why did Pi Network outperform XRP in the poll?
Pi Network’s grassroots adoption and integration with Zypto Visa cards drove higher usage, whereas XRP’s activity slumped due to reduced demand.
2. Can Pi Network recover from its current price drop?
Recovery depends on broader market conditions, exchange listings, and project updates. A rebound above $0.86 would signal strength.
3. Is Dash a better investment than Pi Network right now?
Dash’s consistent performance in polls and established use cases make it a contender, but Pi’s long-term potential hinges on resolving liquidity issues.
4. How reliable are Zypto’s usage polls?
The polls reflect transactional trends among Zypto Visa users but may not represent the entire crypto market.
👉 Explore crypto payment trends with Zypto Visa