The PI token additionally bounced off its latest ATL.
The favored but controversial undertaking has come below numerous criticism as of late, particularly in the case of the efficiency of its native token. Nevertheless, right here’s some excellent news when it comes to general improvement and utilization, in accordance with one of many huge X channels devoted to masking occasions associated to Pi Community.
Pi Community’s Ecosystem Grows
Though it noticed the sunshine of day formally in the beginning of this yr, the undertaking had been in improvement for over half a decade earlier than that. As such, it had collected a big consumer and fan base previous to its launch, which helped it acquire traction at first. Nevertheless, its progress stalled within the following months, but it surely could possibly be on the rise as soon as once more now.
🚀 The Pi Mainnet ecosystem is experiencing explosive progress!
There are already 210+ stay apps, with greater than 23,000+ in Pi Studio gearing as much as launch on the Mainnet!📅 Remaining Hackathon submission deadline: Wednesday, October 15
Extra superb apps are racing in opposition to time to… pic.twitter.com/QSDI4OTO47— Pi Information (@PiNewsMedia) October 12, 2025
Pi Information reported that the variety of stay purposes has skyrocketed to over 210, with greater than 21,000 getting ready for launch on the Mainnet quickly. It attributed this spectacular progress to the continuing Pi Community Hackathon, which started in late August and is scheduled to be accomplished on October 15.
The workforce behind the undertaking posted a midway level evaluate in September, which highlighted among the most utilized new apps that had been launched throughout the Hackathon.
The occasion, which goals to incentivize customers to develop extra apps on the Pi Community Mainnet, has a prize pool of 160,000 PI tokens to be distributed to as much as eight groups within the following method:
PI Worth Replace
In distinction to the Pi Community utilization, the undertaking’s native token has been in a free-fall state for months. It continues to dig new lows, and the most recent got here throughout the Friday-night meltdown when it plunged to $0.1721 (CoinGecko information). This meant that it had misplaced over 94% of its worth because the ATH marked in late February of $2.99.
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Though it has bounced to simply over $0.20 at press time, the long run for PI appears reasonably grim, not less than in accordance with ChatGPT and its newest projection on the matter. Nonetheless, the unlock schedule will ease within the following weeks, which ought to cut back the instant promoting stress on the asset.
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