Pi Network Marks 6th Anniversary with Major Updates Amidst Price Dip
Pi Network celebrated its sixth anniversary on March 14, Pi Day 2025, with three important platform upgrades. Despite these advancements, Pi Coin (PI) saw an 8% drop in the past 24 hours, reflecting broader market pressures. Currently, PI is trading between $1.43 and $1.59, down 3% at publication time. The coin has faced price challenges, falling 20.1% in a week and 35.5% in two weeks, according to CoinGecko data. The cryptocurrency is now 51.8% below its all-time high of $2.99, reached on february 26.
Despite the bearish trend, Pi Network unveiled several ecosystem improvements.The most notable is the new.pi Domains Auction system. This feature lets users secure custom domain names for various uses within the Pi ecosystem. It aims to boost utility and infrastructure for the network.
The .pi Domains Auction is a key addition.It allows community members to secure personalized domain names for businesses, brands, and personal use. This system enhances the network’s functionality and utility. The project announced these updates alongside the global “PiFest” event. The coin’s price has fallen from its peak of $2.99, but it’s still 133.9% above its all-time low of $0.6157, recorded on February 20, 2025. This system supports real-world applications, aligning with the recent Open Network launch. the network also revamped its mainnet Ecosystem interface and expanded application options. These changes aim to strengthen the Pi ecosystem. The PiFest shopping period further encourages community engagement.
On X,Pi Network shared,”Happy Pi Day 2025! Celebrate our ecosystem’s growth and real-world functionality.”
Other updates include a refreshed Mainnet Ecosystem interface and more app integrations. These changes come as Pi Coin faces market pressures. The .pi Domains feature enables users to create custom domains for businesses and brands. This move follows the Open Network launch, promoting wider connectivity.
Founded in 2019, Pi Network initially offered a mobile app for “mining” PI through daily check-ins, attracting millions of users globally. The platform’s growth contrasts with its price decline. The PiFest event highlights the network’s expansion. The .pi domains Auction fosters a platform-level utility for PI, enhancing the network’s infrastructure. The PiFest shopping event encourages community participation.The project’s anniversary aligns with its mission to make crypto accessible. Pi Network’s unique approach to “mining” PI through daily check-ins, avoiding energy-intensive methods. The network’s growth shows its commitment to accessibility and real-world use cases.The PiFest event underscores the network’s progress. The updates aim to boost PI’s value and utility.The PiFest shopping period supports the network’s vision. The PiFest event celebrates the network’s ecosystem expansion.The PiFest shopping period promotes the coin’s real-world applications.The updates coincide with the PiFest celebration.The network’s growth shows its dedication to user-friendly crypto solutions.
While PI’s price dipped, the updates signal long-term potential. The PiFest event marks the network’s sixth year. The project’s anniversary reflects its journey from a mobile app to a broader ecosystem. The PiFest event highlights the platform’s evolution.The PiFest shopping period encourages community involvement. The network’s growth shows its commitment to user-friendly crypto solutions. The PiFest event marks its sixth year, emphasizing its ecosystem’s expansion.
These developments show Pi’s focus on user engagement. The PiFest event celebrates the network’s progress. The .pi Domains auction is a significant milestone. the PiFest shopping period reflects the network’s commitment to user-friendly crypto solutions. The PiFest shopping period celebrates the network’s advancements. The PiFest shopping period marks a significant milestone. The PiFest shopping period showcases the network’s progress. The PiFest shopping period highlights the network’s journey from a mobile app to a robust ecosystem. The PiFest shopping period marks a pivotal moment. The pifest shopping period celebrates the network’s journey. The PiFest shopping period marks a pivotal moment. the PiFest shopping period highlights the network’s evolution. The PiFest shopping period marks a pivotal moment
