Pi Network unveils 3 new anniversary releases, Pi Coin declines

Pi Network celebrated its sixth anniversary on March 14, also known as PI Day 2025, with three major updates of the platform.

Updates come even as a pi native room (Pi) experienced an 8% drop in the last 24 hours as well as wider pressure on the market.

At the time of publication, Pi dropped by about 3%.

Cryptocurrency continues to deal with prices challenges, having dropped 20.1% in last week and 35.5% in the past two weeks, according to Coingecko data.

Pi Coin is currently negotiated in the range from $ 1.43 to $ 1.59. This is significantly lower than its summit of $ 2.99 reached on February 26. The room is now down 51.8% compared to its advanced value.

PI Network shares the improvements of ecosystems in the middle of a lower action

Despite the lower price action, Pi Network shared several improvements in ecosystems coinciding with its birthday and the world event “Pifest”. The most important addition is the new auction system. This system is designed to create a utility at the platform level for the PI room while developing an essential infrastructure for network ecosystem.

“Happy Pi Day 2025, 6th official anniversary of the PI network!” With Open Network now launched, celebrate the expansion of the PI network ecosystem at all levels and features of the real world, “said the project on X.

Pi Day is commemorated on March 14 in tribute to the circumference of the circle to its diameter being approximately 3.14159

The .PI Domains functionality will allow members of the community to secure personalized domain names for businesses, brands, stores, applications and personal use in the PI ecosystem. This development follows the recent open network launch, which has enabled external connectivity for the previously closed ecosystem.

Additional versions include a renovated Mainnet ecosystem interface and an expansion of main ecosystem applications. The platform also launched the Pifest purchase period.

Pi Network began in 2019 as a mobile application allowing users to “mine” Pi through daily verification rather than traditional exploration with high energy intensity. This has attracted millions of users worldwide with its accessibility focused approach.

Although currently downward compared to its top of all time, PI remains well above its lower $ 0.6157 recorded on February 20, 2025. The room won 133.9% from its cash register. The coincidence of the versions of the PI network features with continuous price reductions is a common example of disconnection between development progress and market performance in cryptocurrency projects.