Pi Network (PI) News Today: October 21st
The current Pi Network developments and the value efficiency of PI. These are the primary matters we are going to contact upon within the following traces.
The New Updates
Towards the top of August, the group behind Pi Network launched the Pi Hackathon 2025: an occasion that encourages Pioneers to create real-world purposes that increase the utility of the PI token.
To enhance curiosity, a 160,000-coin prize pool was awarded to the highest eight groups. While the Hackathon was speculated to run till October 15, Pi Network’s group has not but revealed particulars about its conclusion.
Another current improvement is the improve of the AI-powered platform Pi App Studio. The Core Team unveiled new updates “to make app creation extra accessible and customizable, and built-in throughout the ecosystem.”
What’s Next?
One fashionable X person who appears to be a fan of Pi Network’s co-founder, Nicolas Kokkalis, summarized the undertaking’s current milestones and outlined what is perhaps coming subsequent. On the Testnet facet, they famous sustained testing, AI-assisted improvement instruments that enhance each day operations, and the rollout of community-built apps that profit the broader ecosystem.
The X person envisioned the launch of Mainnet developments, similar to strengthened safety protocols, sensible KYC and pockets programs, and additional app integration.
“Pi Network is evolving from testing – real-world utility & adoption. This shift will unlock true decentralized worth for all Pioneers,” they concluded.
Pi Price Outlook
Contrary to the developments of Pi Network, the value of its native token stays among the many worst-performing cryptocurrencies (no less than from the highest 100 membership). Currently, it’s value round $0.20 (per CoinGecko’s information), representing a 42% decline on a month-to-month scale and a whopping 93% crash in comparison with the all-time high of $3 witnessed in February.
Indicators just like the elevated quantity of PI saved on crypto exchanges and the upcoming token unlocks trace that the bulls may endure much more within the brief time period. As of this writing, over 412 million PI are located throughout such platforms, with practically half that quantity on Gate.io, whereas arond 116 million cash are set for launch within the following 30 days. Both components may result in elevated promoting strain.
Meanwhile, the PI group has began shedding hope that the asset’s value may quickly reclaim its file stage. Earlier right now, the Pi News account on X polled customers when PI may set a brand new ATH. The majority (virtually 54%) anticipate it in 2026 or later, whereas 33% see it taking place this cycle.
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