Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Discover Dynamic Developments in the Pi Network Ecosystem

Discover Dynamic Developments in the Pi Network Ecosystem

CointurkCointurk2025/10/21 19:15
By:İlayda Peker

In Brief Pi Network enhances the ecosystem despite a fall in PI token price. Pi App Studio updates aim to simplify dApp development. Market trends show potential recovery signs alongside new token releases.



Summarize the content using AI

Discover Dynamic Developments in the Pi Network Ecosystem image 1
ChatGPT


Discover Dynamic Developments in the Pi Network Ecosystem image 2
Grok

Despite a significant decline in the value of Pi Network’s native token , PI, the project team is steadfast in their pursuit of innovations aimed at enhancing the ecosystem. Recently, they announced substantial updates on the “Pi App Studio” platform. These updates are designed to make app development more accessible and customizable, while also incorporating AI-powered features to boost community engagement.

New Improvements Catch Attention

According to the team’s statements, Pi App Studio stands out as an AI-supported platform where users can develop decentralized applications (dApps) without any programming knowledge. Launched on June 28th, known as “Pi2Day” by the Pi community, this platform aims to broaden the scope for developers within the ecosystem.

Additionally, the “Pi Hackathon 2025” event, which began on August 21st, strives to maintain the ecosystem’s vibrancy. This event encourages developers to create real-world applications that expand the use cases of the PI token. With a prize pool of 160,000 PI distributed among the top eight teams, the event supports and fosters innovation within the community. Although the event was slated to conclude on October 15th, an official announcement regarding the results has yet to be made.

Steep Decline in PI Price

Despite these positive developments, the PI token has experienced a sharp decline in recent months. Currently trading around $0.20, the token has lost 43% in the last month and 93% from its February peak. This significant downturn is attributed to waning investor interest and the impending release of locked tokens, creating selling pressure.

Discover Dynamic Developments in the Pi Network Ecosystem image 3

In the coming month, approximately 120 million PI tokens are expected to circulate. Although this amount is lower than previous periods, it has the potential to increase supply pressure in the market.

Despite this scenario, analysts observe signs of recovery within Pi Network. In the last 24 hours, 2.6 million PI were transferred from central exchanges to personal wallets, reducing the total amount of PI on exchanges to 411 million. This shift indicates a possible easing of short-term selling pressure.

Another encouraging indicator is the Relative Strength Index (RSI), a common tool in technical analysis. With the RSI currently at a level of 26, it suggests that the token is in the oversold territory, indicating a potential price correction.

Pi Network’s commitment to continuous development reflects their desire to maintain viability in the long term. However, rebuilding investor confidence is crucial for stabilizing prices in the short term. While the RSI data hints at potential buy-back reactions, close monitoring of the impact of new circulating tokens is essential.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!