On its sixth anniversary, marked on March 14, 2025, Pi Network introduced several significant platform updates. However, the Pi Coin's price continues to decline.
Significant Anniversary Updates
To celebrate its anniversary and the global 'PiFest' event, Pi Network introduced several ecosystem upgrades. One of the major advancements is the .pi Domains Auction mechanism, a new feature for purchasing and securing custom domain names for businesses, brands, and personal use within the Pi ecosystem.
Functional Capabilities of New Releases
These updates aim to enhance the functionality of Pi Coin and the network's infrastructure. This includes the continuation of the Open Network's development and the launch of a new Mainnet Ecosystem interface with an increased number of Mainnet applications. This enhancement aims to improve user experience and functionality for the community.
Pi Coin Price Status
Despite the celebrations, Pi Coin's price has dropped by 6% over the past 24 hours, mirroring the general market decline. It currently trades between $1.43 and $1.59, lower than its all-time high of $2.99. However, it is significantly higher than its all-time low of $0.6157, reached on February 20, 2025.
Amid significant ecosystem updates, Pi Coin's price continues to fall, inviting interest in its future development.