Pi Coin Cost Gains as Team Shares Major Accomplishments in 100-Day Update
The Pi Core Team has launched a detailed upgrade on the Pi Network’s accomplishments in the very first 100 days after the launch of the Open Network in February. Key turning points consist of the launch of Pi Ventures, the FruityPi game, Pi Domains, and growth in the user base. The Pi Core Team has actually released an in-depth upgrade on the Pi Network’s accomplishments in the first 100 days after the launch of the Open Network in February. Key milestones include the launch of Pi Ventures, the FruityPi game, Pi Domains, and growth in the user base. The announcement prompted a minor rebound in Pi Coin’s cost, which has been struggling recently.
What Pi Network Achieved in Its First 100 Days
In the latest blog site update, the Pi Core Team reported considerable network growth, with over 3 million new Leaders moving to the mainnet. The network now has over 13 million users. The group likewise triggered over 400,000 nodes throughout the Pi blockchain. “Behind every great blockchain is a decentralized army– and Pi has just that. With over 400,000 active Nodes across Testnet1, Testnet2, and Mainnet, Pi Network has constructed one of the most robust, resilient, and safe and secure dispersed facilities in the crypto world,” a user posted. The Environment User interface likewise went through major upgrades. This consisted of an easier application process for developers to add their apps, an improved style for much easier navigation, and the intro of the Pi Advertisement Network for Pi App developers. Furthermore, a number of new apps were included. “The Community User interface notes certified mainnet apps that Pioneers can utilize. This continues Pi’s objective of empowering Leaders and developers by supplying access to apps and utilities, while supplying developers more opportunities to get exposure for their apps,” the blog site read.
The team rolled out a number of efforts and community occasions. On Pi Day, PiFest 2025 was introduced. This week-long occasion, which ran from March 14 to March 21, saw over 125,000 signed up sellers and demonstrated the integration of Pi in commerce. On the very same day, the.pi Domain Auction was likewise introduced. According to the blog site, to date, the Pi Domains Auction has gotten over 123,000 active quotes with 57,000 special bidders. The total active quotes amount to over 3 million Pi during the auction. To support community growth, Pi Network unveiled a $100 million initiative, Pi Network Ventures, in May. The fund is created to support start-ups and services that advance Pi’s energy, adoption, and real-world impact. The Pi Network also launched a fruit-matching video game called FruityPi. “Gaming is a crucial vertical that Pi Network Ventures will concentrate on for its investments. Gaming sits at the crossway of numerous crucial strengths– social interactions, the attention economy, and virtual products– and Pi Network Ventures is distinctively placed to utilize Pi Network to help game developers accomplish their goals, which in turn, benefits the Pi ecosystem,” the team added.
While the very first 100 days have been marked by major advancements and growth, criticism has likewise followed. BeInCrypto reported that Pioneers had actually raised issues over the absence of significant exchange listings, KYC issues, missing mainnet-ready decentralized applications (DApps), and more.
Pi Coin Cost Rebounds as Pi Network Emphasizes Accomplishments
On the other hand, the group’s statement positively impacted Pi Coin’s cost. Over the past day, its worth has actually increased by 0.58%, bringing the trading rate to $0.53 at press time. This modest appreciation comes in the middle of a more comprehensive downturn. In the previous month, PI’s price has actually decreased by 30.4%. Its efficiency lags behind the wider cryptocurrency market and other similar Layer 1 cryptocurrencies. That’s not all. Retail interest in the network is also dropping. According to Google Trends information, search volume for ‘Pi Network’ has actually been steadily declining. At the time of writing, it stood at 8. Despite these setbacks, the upcoming Pi2day has produced some optimism, with lots of Pioneers hoping that it might reignite interest and trigger a cost rally for Pi Network’s coin.
