Pi Network's price fell over 3% in the past 24 hours to $0.26, contrasting with gains in Bitcoin, Ethereum, and XRP. The decline is attributed to inactivity from Pi's second-largest whale, who holds 383 million Pi tokens. Concerns over the token's inflationary model, which lacks a scarcity mechanism and has a maximum supply of 100 billion, are also impacting its performance. Despite launching a Testnet decentralized exchange and participating in TOKEN2049, the Pi Network Core Team has not clarified its tokenomics or exchange timelines. Experts indicate that Pi Network needs to adjust its supply model to maintain relevance in the competitive crypto market.