Pi Network announced significant ecosystem changes and infrastructure upgrades set for 2025. These initiatives aim to enhance utility and transparency.
Pi Network Upgrades and Hackathon
As part of its initiatives, Pi Network is set to host a large-scale hackathon, open-source code development, and merchant integrations. These updates, led by founders Nicolas Kokkalis and Dr. Chengdiao Fan, aim to meet the community's long-standing needs for real-world applications.
Market Impact and Community Reactions
The upgrades have propelled PI to become one of the fastest-growing cryptocurrencies. Within 72 hours of the upgrade, 100 million PI withdrawals were recorded through OKX, indicating heightened liquidity and institutional participation.
Developer and Community Engagement
Pi Network is shifting its focus from speculative mining to a utility-driven mainnet, initiating hackathons to engage developers. These changes are expected to drive developer participation, reinforced by the open-source completion milestone.
The planned updates and events for Pi Network in 2025 highlight a commitment to addressing community needs and implementing real applications, potentially benefiting the project's future.
