The PI token additionally bounced off its latest ATL.
The favored but controversial venture has come below a whole lot of criticism as of late, particularly on the subject of the efficiency of its native token. Nevertheless, right here’s some excellent news when it comes to total improvement and utilization, in line with one of many massive X channels devoted to overlaying occasions associated to Pi Community.
Pi Community’s Ecosystem Grows
Though it noticed the sunshine of day formally originally of this 12 months, the venture 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!📅 Closing Hackathon submission deadline: Wednesday, October 15
Extra wonderful apps are racing towards 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 making ready for launch on the Mainnet quickly. It attributed this spectacular progress to the continued Pi Community Hackathon, which began in late August and is scheduled to be accomplished on October 15.
The group behind the venture posted a midway level overview in September, which highlighted among the most utilized new apps that have 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 Value Replace
In distinction to the Pi Community utilization, the venture’s native token has been in a free-fall state for months. It continues to dig new lows, and the newest 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 only over $0.20 at press time, the longer term for PI appears reasonably grim, at the very least in line 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 quick promoting strain on the asset.
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