Forget About GCV Price—Pi Coin's True Value Lies in Adoption!
Lately, many people are caught up in discussions about the Global Consensus Value (GCV) of $PI Coin. Everyone wants to know, “How much is my Pi worth?”But here’s the reality: price speculation doesn’t build a strong network—utility and adoption do.
Why Focusing on GCV is a Distraction
The real success of any cryptocurrency isn’t determined by an arbitrary price tag but by its real-world usage. Many early crypto adopters made the mistake of focusing only on price instead of adoption. Now, history is repeating itself with Pi Network.
If Pi is to become a truly valuable currency, its worth must be driven by:
✅ Mass Adoption– How many businesses and individuals are actually using Pi for transactions?
✅ Real Utility – Can you buy goods and services with Pi, or is it just sitting in your wallet?
✅ Ecosystem Growth– Are new projects and dApps being built within the Pi Network to expand its usability?
What Really Matters for Pi Holders
Instead of waiting for a set price, pioneers should be focusing on building the economy. This means:
✔️ Encouraging businesses to accept Pi as payment
✔️ Using Pi to trade goods and services in real peer-to-peer transactions
✔️ Supporting the development of applications that make Pi more useful in everyday life
When an ecosystem is strong, the market will naturally determine the right value for Pi. The best example of this is Bitcoin—its price didn’t skyrocket because people decided it should be valuable. It rose because people started using it, and demand grew.
The Harsh Truth: No Utility, No Value
If Pi remains only as a speculative asset with no real-world usage, then the price—whether GCV or market-driven—won’t matter. A coin with no demand is just digital numbers on a screen.
So, the question isn’t “How much is Pi worth?” The real question is:
What are you doing to make Pi more valuable?
Adoption brings value, not speculation. The pioneers who understand this today will be the ones who benefit the most in the future.
BTC, ETH and SOL Futures volumes show diverging trends: Glassnode
Future trading volume for Bitcoin, Ethereum and Solana are showing diverging trends, according to Glassnode.
Per Glassnode , an onchain and financial metrics platform, Bitcoin ( BTC ) futures volume is suggesting a rebound. Meanwhile, Ethereum ( ETH ) and Solana ( SOL ), two of the world’s largest altcoins by market cap, have their futures volumes mostly flat.
In the market, analysts use futures volumes as a key indicator of an asset’s market health. It also points to trader behavior, crucial to discerning potential market recovery or continued downside pressure.
When futures volumes rise, the suggestion is a flip in liquidity and trader interest.
Often, this precedes notable price movements. Bitcoin has witnessed this in the past and may yet rebound after massive sell-off pressure since dropping under $100k.
According to Glassnode, Bitcoin futures volume hovered around $60 billion at the start of 2025.
However, it peaked at $63 billion for a year-to-date high and has since decreased to about $57 billion. Despite the dip and remaining below the $74 billion peak seen in December 2024, the flagship digital asset’s futures volumes currently hovers 32% higher since February 23.
For Ether futures volume, the picture is slightly indicative of a lack of enthusiasm in the market. While not major, the trend is largely downward.
The metric opened the year at $32 billion but has dropped further from the YTD high of $31. Nonetheless, latest data Glassnode shared shows the volume stands at $28 billion, off its one-year peak of $37 billion.
Meanwhile, SOL Futures volume rose from $7 billion in January to a YTD high of $12.2 billion.
However, since reaching this peak in February, Solana futures volumes are down to $8.7 billion. Glassnode notes that the altcoin’s futures volumes have mostly been flat in the past year. Could SOL futures launch on the Chicago Mercantile Exchange help buoy volumes?
These diverging trends paint the picture of a resilient Bitcoin market, while Ethereum and Solana suggest a drop in institutional interest.
Earlier this week, analysts at Standard Chartered Bank doubled down on BTC price, forecasting a rally to $500k by the end of the year. But their outlook for Ethereum is less optimistic, with their forecast putting ETH at around $4,000 by December 2025.
Notably, this slashed Standard Chartered’s previous forecast of $10k for ETH.
Hyperliquid Bitcoin Whale Speculated to be a Cybercriminal
Cyber Twitter (CT) had its hands full in the last few days when a big cryptocurrency trading event took place on the decentralized exchange Hyperliquid. Namely, a whale who’d shorted Bitcoin, walked away with a $9 million profit.
Now, there’s speculation that the whale might have been a cybercriminal using stolen funds. One X user, ZachXBT, seemed to be pretty confident in the allegation but didn’t want to disclose any more details yet.
This entire ordeal started when a trader opened a massive $376 million short position on Bitcoin with 40x leverage, sparking intense market activity on the Hyperliquid platform. This position also drew the attention of other traders who attempted to coordinate a buying surge to drive Bitcoin’s price up and trigger the whale’s liquidation, potentially causing a short squeeze.
In the end, the whale “won”, earning $9 million in profit, as the CT declared that they lost the war.
Situations like these aren’t that uncommon in the crypto community, where traders attempted to counter the whale’s short position. It usually goes in a way where the trader is betting the Bitcoin’s price will drop, but if the price rises instead, they face a significant risk of liquidation.
To increase the price, other traders, or in this case CT, attempt to push Bitcoin’s price. If successful, the whale would be forced to buy back Bitcoin at a higher price to cover the short.
The theory that the Hyperliquid whale is in fact a cybercriminal gambling stolen funds could have some merit considering that cybercriminals often target platforms to launder money or exploit compromised accounts.
This whale in particular short positioned over 5,400 Bitcoin, which is a huge amount.
It’s interesting to note that the CT’s effort to fight back against this whale actually made Bitcoin’s price go up. At the time, the price was at around $83,183, and shortly after CT got involved, it rose to approximately $84,690. This wasn’t the only whale activity on Hyperliquid recently, as several days ago, the platform suffered a loss exceeding $4 million after being compelled to liquidate a massive 175,000 ETH long position, worth $340 million.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
$BTC
Was this $520M Bitcoin short on Hyperliquid a setup for a massive long?
Analysts speculate that a whale may have set up a $520 million Bitcoin short 40x leverage position on Hyperliquid as a trap to trigger a massive long.
👉On Mar. 16,
Bitcoin whale placed a massive $520 million short position on Hyperliquid using 40x leverage, making it one of the largest known trades on the decentralized exchange.
With a liquidation price of $85,561, the trade would be wiped out if Bitcoin rose just 1.75% from his entry at $83,898. This immediately drew the attention of traders who saw an opportunity to force a liquidation.
Pseudonymous trader Cbb0fe took to X to rally a group to push Bitcoin’s price higher and trigger the liquidation. The price surged by 2.5% within minutes on the same day, nearly hitting the whale’s threshold before they added more funds to raise their liquidation price.
Japan’s Metaplanet Buys $12.5M in Bitcoin, Adding Another 150 BTC to Holdings
Japanese investment firm Metaplanet has expanded its Bitcoin holdings once again, purchasing an additional 150 BTC for approximately $12.5 million.
The Tokyo-listed company that it acquired the Bitcoin at an average price of $83,508 per BTC as part of its ongoing accumulation strategy.
With this latest acquisition, Metaplanet now holds a total of 3,200 BTC, valued at approximately $265.9 million based on current market prices.Metaplanet Aims to Hold 21,000 BTC by 2026 in Aggressive Bitcoin Strategy
The firm’s aggressive Bitcoin strategy was initiated in April 2024, with a goal to hold 10,000 BTC by the end of 2025 and 21,000 BTC by 2026.
To fund its continued Bitcoin purchases, Metaplanet raised 2 billion yen ($13.3 million) through a bond issuance on Tuesday.
The company previously issued ordinary bonds of the same amount to EVO FUND on February 27, with proceeds earmarked for further Bitcoin accumulation.
The latest bond issuance is also fully allocated to EVO FUND, with no guarantee or collateral attached.
JUST IN: 🇯🇵 Japanese public company Metaplanet buys 150 for $12.5 million. — Bitcoin Magazine (@BitcoinMagazine)
Despite its aggressive Bitcoin buying spree, Metaplanet’s stock price dipped 0.49% on Tuesday, closing at ¥4,030.
However, year-to-date, the stock has gained 15.8%, and over the past year, it has surged 1,819%, according to Yahoo Finance. Meanwhile, Japan’s Nikkei 225 index rose 1.2% on the same day.
Metaplanet has been consistently expanding its Bitcoin Treasury Operations, with its most recent major purchase occurring on March 12, when it acquired 162 BTC, bringing its total holdings to 3,050 BTC at the time.Bitcoin Struggles Below $85K as Traders Question Bull Market’s Strength
Bitcoin remains under pressure, failing to sustain levels above $85,000 on March 14, despite a 1.9% gain in the S&P 500 index.
The leading cryptocurrency has not traded above $90,000 for over a week, raising concerns among traders about whether the bull market has lost momentum and how long selling pressure will persist.
Despite a 30% drop from its all-time high of $109,354 on January 20, Bitcoin’s derivatives market suggests resilience.
The Bitcoin basis rate, which measures the premium of monthly contracts over spot markets, after briefly signaling bearish sentiment on March 13.
Traders typically demand a 5% to 10% annualized premium to compensate for longer settlement periods, and while Bitcoin’s current 5% basis rate is below the 8% recorded two weeks ago, it remains within neutral territory.
This suggests that leveraged buyers are still engaged in the market, though with reduced confidence.
In another positive development, Bitcoin spot exchange‐traded funds (ETFs) posted a robust single‐day inflow of $274.59 million on March 17, showing renewed investor confidence in the world’s largest cryptocurrency.
BlackRock’s iShares Bitcoin Trust (IBIT) led the charge among Bitcoin products with an inflow of $42.26 million.
However, as reported, digital asset investment products have now experienced outflows for the fifth consecutive week, with a total of $1.7 billion withdrawn over the past seven days.
$BTC
Oasis 社群媒體數據
過去 24 小時,Oasis 社群媒體情緒分數是 1,社群媒體上對 Oasis 價格走勢偏向 看跌。Oasis 社群媒體得分是 153,在所有加密貨幣中排名第 224。
根據 LunarCrush 統計,過去 24 小時,社群媒體共提及加密貨幣 1,058,120 次,其中 Oasis 被提及次數佔比 0.02%,在所有加密貨幣中排名第 125。
過去 24 小時,共有 1,226 個獨立用戶談論了 Oasis,總共提及 Oasis 199 次,然而,與前一天相比,獨立用戶數 增加 了 15%,總提及次數減少。
Twitter 上,過去 24 小時共有 1 篇推文提及 Oasis,其中 0% 看漲 Oasis,100% 篇推文看跌 Oasis,而 0% 則對 Oasis 保持中立。
在 Reddit 上,最近 24 小時共有 29 篇貼文提到了 Oasis,相比之前 24 小時總提及次數 增加 了 12%。
社群媒體資訊概況
1