Pi Network’s 100-day sprint: Ecosystem booms, price reacts – What’s next?
The post Pi Network’s 100-day sprint: Ecosystem booms, price reacts – What’s next? appeared on BitcoinEthereumNews.com. PI Network’s token remained under pressure, trading at $0.5517 despite daily gains. Userbase crossed 13 million, with over 3 million new Mainnet users added since Open Network activation. Despite broader market recovery, Pi Network [PI] drew attention to itself for reasons beyond a modest price uptick. Trading at $0.5517 after a 2.28% daily gain, the Pi token still lags, having dropped over 30% in the past month. The underperformance of Pi Network is particularly noticeable when compared to other Layer 1 cryptocurrencies. In fact, the decline is occurring alongside a drop in retail interest. Google Trends data supports this observation, indicating that search volume for “Pi Network” has fallen to just 8. Interestingly, this decline in hype coincides with the network’s push toward real-world utility, three months after opening up its blockchain. Pi Network: A 100-day sprint Pi Network’s shift to an open-access model in February signaled a major turning point in its evolution. After years in a closed environment, the launch of the Open Network enabled developers, users, and verified businesses to interact with the Pi blockchain more freely, paving the way for practical applications. Since then, the network has recorded impressive growth, with over 3 million new users joining the Mainnet, bringing the total to more than 13 million. According to the Pi Core Team, over 7.4 billion Pi have been migrated, with 5.2 billion locked, 2.2 billion unlocked, and more than 400,000 nodes now active. Remarking on the same, a user noted, “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 built one of the most robust, resilient, and secure distributed infrastructures in the crypto world.” Here’s why its ecosystem is booming Pi Network has also introduced key upgrades…
The post Pi Network’s 100-day sprint: Ecosystem booms, price reacts – What’s next? appeared on BitcoinEthereumNews.com.
PI Network’s token remained under pressure, trading at $0.5517 despite daily gains. Userbase crossed 13 million, with over 3 million new Mainnet users added since Open Network activation. Despite broader market recovery, Pi Network [PI] drew attention to itself for reasons beyond a modest price uptick. Trading at $0.5517 after a 2.28% daily gain, the Pi token still lags, having dropped over 30% in the past month. The underperformance of Pi Network is particularly noticeable when compared to other Layer 1 cryptocurrencies. In fact, the decline is occurring alongside a drop in retail interest. Google Trends data supports this observation, indicating that search volume for “Pi Network” has fallen to just 8. Interestingly, this decline in hype coincides with the network’s push toward real-world utility, three months after opening up its blockchain. Pi Network: A 100-day sprint Pi Network’s shift to an open-access model in February signaled a major turning point in its evolution. After years in a closed environment, the launch of the Open Network enabled developers, users, and verified businesses to interact with the Pi blockchain more freely, paving the way for practical applications. Since then, the network has recorded impressive growth, with over 3 million new users joining the Mainnet, bringing the total to more than 13 million. According to the Pi Core Team, over 7.4 billion Pi have been migrated, with 5.2 billion locked, 2.2 billion unlocked, and more than 400,000 nodes now active. Remarking on the same, a user noted, “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 built one of the most robust, resilient, and secure distributed infrastructures in the crypto world.” Here’s why its ecosystem is booming Pi Network has also introduced key upgrades…
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