This week, the Pi Network token, PI, demonstrated significant growth, rising 38% amid speculation about potential artificial intelligence integration within the project's ecosystem.
Rumors of Google Partnership and AI Integration
The token's rally began after co-founder Nicolas Kokkalis participated in a generative AI panel at Consensus 2025, attracting attention to a potential significant announcement related to AI. Pi Network also indicated via social media that an official statement would be made during the upcoming Pi2Day event.
Market Response and PI Token Price
As a result, discussions and speculation about the PI token intensified, which peaked at $0.65 on Wednesday, up from a low of $0.47. Despite a slight retracement to $0.57, the sharp rise continues to attract interest in the project.
Community Skepticism and Utility Growth Investments
Despite the impressive growth, a segment of the community expresses doubt. Some participants argue that Pi Network's features are not groundbreaking and already exist in other blockchain projects. Meanwhile, the project continues to progress as it launched a $100 million startup fund in May aimed at supporting real-world applications of the blockchain, potentially utilizing its native token.
As the Pi2Day event approaches, interest in Pi Network remains heightened. Regardless of whether a partnership with Google materializes, the anticipation is already bringing the project back into the spotlight of the crypto community.