Pi Network Marks 6th Anniversary with Major Updates Amid Price Dip
On March 14, Pi Network celebrated its sixth birthday, also known as Pi Day 2025, with three significant 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% from its previous value.
According to CoinGecko data, Pi Coin has fallen 20.1% over the past week and 35.5% over two weeks. Itās 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 allows users to secure custom domain names for various uses within the Pi ecosystem, enhancing platform-level utility.
other updates include a revamped Mainnet Ecosystem interface and expanded applications. The PiFest shopping period was also launched. These developments follow the recent Open Network launch, enabling external connectivity.
Founded in 2019,Pi Network allows users to āmineā Pi thru daily check-ins,attracting millions globally with its accessible approach. While down from its peak, Pi remains well above its all-time low of $0.6157, recorded on February 20, 2025.
The simultaneous release of features and price declines highlights the common disconnect between growth progress and market performance in crypto projects.
