Скачать или смотреть "Pi Network 2025: Major Updates & Key Developments Unveiled!"

As of March 23, 2025, Pi Network has experienced several noteworthy developments:

Price Volatility and Market Activity

Pi Coin has seen significant price fluctuations recently. After rebounding from a low of $0.86 on March 22, it briefly surged to an all-time high of $2.99, marking an approximate 80% increase within 24 hours. However, this surge was short-lived, and Pi Coin's value has since declined, currently trading around the $1 mark.

KYC Deadline and Community Impact

The Know Your Customer (KYC) verification deadline for Pi Network users recently concluded. Many users who failed to complete the verification process have had their PI tokens frozen or lost, leading to frustration within the community. Additionally, allegations of bot activity have surfaced, further affecting community sentiment.

Development of PiDaoSwap Decentralized Exchange

In response to concerns about price manipulation by external exchanges, the Pi Network community is developing PiDaoSwap, a decentralized exchange (DEX). This platform aims to ensure that Pi Coin's value reflects true market pricing, independent of third-party platforms. The DEX is in the final stages of development, pending Know Your Business (KYB) approval from the Pi core team.

Security Enhancements

To bolster account security, Pi Network introduced a two-factor authentication (2FA) feature for its migration wallet on March 13, 2025. This measure aims to protect user accounts during the migration process to the mainnet.

Open Network Launch

Pi Network officially transitioned to the Open Network period of its mainnet on February 20, 2025. This milestone allows for greater decentralization and accessibility within the Pi ecosystem.

These developments highlight Pi Network's ongoing efforts to enhance its platform, address community concerns, and stabilize its cryptocurrency's value.

#blockchain #crypto #freecrypto