Following the Pi Network mainnet release in February, the platform has attracted attention for its ambitious objectives, but has also faced significant criticism. Issues like disappointing price performance and the absence of DApps have led to doubts regarding the network's ability to satisfy the expectations of its 60 million users, known as Pioneers.

Here are five main areas of concern that have attracted attention early in 2025:

1. Binance Listing Absence: Despite community support for Pi Coin's listing on major exchanges like Binance, no official announcement has been made. This has raised questions about Pi Network's credibility and compliance with listing requirements.

2. Pi Coin Price Disappointment: Pioneers, who have been mining Pi Coin for years, were disappointed by its low market value, despite initial optimism. The token's price dropped below $1 shortly after launch and failed to maintain higher levels despite positive developments.

3. Uncertainty Around Pi Network Ventures Fund: Although the Pi Network Ventures fund was introduced to support startups on the network with a budget of up to $100 million, concerns arose about the Foundation's flexibility in allocating funds and discontinuing support if deemed necessary.

4. Missing Decentralized Apps (dApps): Dr. Altcoin criticized Pi Network for using the fund to develop DApps that were promised at the mainnet launch but have yet to materialize, leaving the ecosystem incomplete and raising doubts about the network's capabilities.

5. Roadmap Concerns: Transparency issues were highlighted with the lack of specific timelines in Pi Network's three-phase roadmap for the mainnet migration, leading to skepticism and further distrust among users.

In conclusion, Pi Network has faced challenges in meeting user expectations and ensuring transparency in its operations, which has resulted in growing skepticism among Pioneers. Restoring confidence in the network's ability to deliver on its promises will be crucial in the coming months.