The much-awaited Pi2Day has arrived, bringing with it a fresh wave of exciting updates from Pi Network. While the platform unveiled two innovative features—Pi App Studio and Ecosystem Directory Staking—the Pi Coin price failed to react positively.
Pi Network Launches Pi App Studio and Staking Directory
In its latest X post, Pi Network announced the launch of two major features, Pi App Studio and Ecosystem Directory Staking, coinciding with Pi2Day celebrations. These innovations empower the community to take an active role in app development and discovery, marking a significant shift towards practical utility.
Notably, this development is part of a broader ecosystem that includes established Pi products like the Pi Ad Network, .pi Domains, and Pi Wallet. The platform stated,
Happy Pi2Day 2025! PiCoreTeam unveils Pi App Studio, an AI-powered no-code platform using blockchain & AI to let anyone build apps—cutting dev time by up to 70% per 2023 studies! Plus, Ecosystem Directory Staking boosts app visibility by staking Pi on Mainnet.
Significantly, this launch comes on the heels of the platform’s recent KYC enhancement ahead of the Pi2Day. CoinGape reported that the platform upgraded its KYC processes for seamless synchronization.
The key highlight of the Pi2Day is the introduction of Pi App Studio, powered by GenAI capabilities. It is an AI-powered no-code platform. This groundbreaking tool enables users to bring their app ideas to life within the Pi ecosystem simply by describing their vision. As it requires no coding expertise, it makes app development accessible to a broader range of users. The platform noted,
Pi App Studio is one attempt to attain a vision shared by many technologists: a world where anyone can create and run apps using human languages, without needing a technical background.
Another significant development within the Pi Network on Pi2Day is the launch of the Ecosystem Directory Staking. It empowers the community to determine app rankings. This feature introduces a decentralized approach to app promotion, allowing Pioneers and businesses to support their favorite Pi apps and utilities by staking Pi on the Mainnet blockchain. Accessible via the Pi Browser, the Directory Staking highlights high-quality projects that drive meaningful community engagement.
Pi Coin Price Dips
Despite these developments, the PiCoin price is still trading in the red zone. Over the past few days, the Pi Coin has seen significant falls, driven by the massive selling pressure ahead of the Pi2Day. Though the token hit a daily high of $0.5975 earlier today, it declined to a low of $0.5318, down 3.6%. Over the past week and month, the Pi Coin price has seen notable plummets of 2% and 25%, respectively. The trading volume has also decreased by 5% today, reaching $140.36 million.
Pi Network Bridges AI with Blockchain
In an attempt to resolve fundamental human issues, Pi Network is integrating artificial intelligence into blockchain. At its core, Pi Network believes that combining blockchain with AI can create a scalable and accessible framework for distribution and redistribution. This could drive meaningful societal impact.
As per Pi Network’s statement, to realize this vision, the combined technologies must address key factors, including authenticity, a thriving AI application layer, a robust social network, and harnessing blockchain’s unique capabilities. The newly launched features of the platform are also part of the network’s AI initiative.
Nynu V Jamal
Nynu V Jamal is a Senior Journalist at CoinGape. She boasts more than 3 years of experience in content writing, with expertise in crypto and blockchain. She has contributed to platforms like CoinEdition and CryptoTale, demonstrating her proficiency in navigating the dynamic crypto landscape.
Beyond her journalistic pursuits, Nynu is a literary enthusiast, having served as an Assistant Professor of English Language and Literature. She is a Master’s degree holder in English Literature and a UGC NET qualifier. Her academic background has enabled her to publish research papers on literature, while also nurturing her creative side as a published poet.
Her creative side extends to music, crafts, and art, which she actively explores. Her unique blend of analytical and creative skills allows her to craft engaging stories that captivate audiences. Stay updated with Nynu on LinkedIn
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Source: https://coingape.com/pi-coin-price-takes-a-hit-despite-pi-network-launches-2-major-features/