The Pi Network Coin has experienced a notable surge, rising by 36.77% in the past 24 hours to reach a price of $2.58. This increase follows a recent mainnet launch, which has fueled speculation about the cryptocurrency's potential. The coin's market capitalization has reportedly reached a fully diluted valuation of $260 billion, raising concerns among analysts who liken its trajectory to that of previous failed schemes. Despite skepticism regarding its long-term viability, some businesses in real estate and automotive sectors have begun accepting Pi Coin as payment, indicating a shift towards practical applications. Additionally, the Pi Network has won a community vote that may lead to its listing on Binance, the world's largest cryptocurrency exchange, which could further impact its market presence.