Cryptocurrency

Pi Network Battles Decline As Price Nears $0.15 Support Level

Sean Jacobs

October 13, 2025
11:00 PM

Pi Network Experiences Ongoing Price Decline

Pi Network faces ongoing challenges in 2025, with Pi Coin currently trading at approximately $0.2157, having previously dipped to $0.1585 earlier in October. The significant drop underscores ongoing bearish sentiment throughout the ecosystem.

Investors are currently pondering if recent developments, such as a hackathon and a significant protocol upgrade, can restore confidence and stimulate market engagement.

Developer Ecosystem Remains Actively Engaged

Even with its price challenges, the Pi ecosystem is still growing, showcasing robust involvement from developers. Recent statistics indicate that more than 210 decentralized applications have been launched on the mainnet.

Furthermore, it has been reported that over 23,000 projects are currently being prepared through Pi Studio, showcasing the ongoing confidence of builders in the network’s long-term sustainability and scalability.

Hackathon Drives Engagement Within Community

The Pi Hackathon, initiated in August 2025, wraps up on October 15. The event showcases prominent projects, including Starmax, Nature’s Pulse, and Eternal Rush.

The purpose of these competitions is to foster innovation and broaden the application of Pi-based technologies. Experts indicate that noticeable increases in developer productivity may spark a fresh wave of excitement within the community.

Version 23 Upgrade Aims for Enhanced Scalability

The forthcoming Version 23 upgrade, scheduled for late Q4 2025 or early 2026, is set to deliver significant performance enhancements. The update emphasizes enhanced scalability, improved transaction efficiency, and minimized latency.

Should this upgrade be implemented effectively, it has the potential to draw in new developers and users, thereby strengthening Pi Network’s technical framework and enhancing its competitive stance in the blockchain arena.

On-Chain Features Expand Pi Network Utility

This month, Pi Network launched decentralized exchange and automated market maker features on its testnet. These functionalities enable users to execute token swaps and manage liquidity operations seamlessly.

The new additions represent a significant advancement in establishing a viable DeFi landscape within the Pi ecosystem. Nonetheless, those involved in the market are exercising caution, looking for clear indicators of adoption rates.

Market Sentiment Remains Bearish Despite Progress

Although advancements in technology and the expansion of developers indicate progress, the momentum in pricing continues to be constrained. In October, Pi reached two new all-time lows, even with ongoing development efforts.

Experts point to a lack of liquidity, restricted exchange backing, and prevailing negative trends in the wider cryptocurrency market as factors that persistently dampen speculative interest.

Can Pi Network Recover From Current Lows?

To regain momentum, the Pi Network must focus on enhancing community involvement and securing listings on external exchanges. Continuous ecosystem development by itself might not instantly alter market perception.

If Version 23 provides tangible enhancements to the network and the hackathon encourages robust involvement, Pi may cultivate steady backing. Nonetheless, additional downturns could still happen before a significant rebound takes place.

This article is sponsored content. Kryptonary does not verify or endorse the claims, statistics, or information provided. Cryptocurrency investments are speculative and highly risky; you should be prepared to lose all invested capital. Kryptonary does not perform due diligence on featured projects and disclaims all liability for any investment decisions made based on this content. Readers are strongly advised to conduct their own independent research and understand the inherent risks of cryptocurrency investments.