TLDR
- The Pi Coin price increased by 3.4% in the last 24 hours following Pi2Day 2025 developments.
- Over 2.6 million users joined the Pi2Day Ecosystem Challenge and 761,000 completed all eight steps.
- Users created 7,600 chatbot apps and published 14,100 custom applications using the Pi App Studio.
- More than 16,700 users staked Pi across 1,450 apps through the Ecosystem Directory Staking tool.
- A total of 37.7 million Pi coins were staked despite the absence of financial rewards.
The Pi Coin price surged 3.4% in the past 24 hours, coinciding with new milestones from the Pi2Day 2025 event. The Pi Core Team revealed strong user participation in its Ecosystem Challenge, boosting platform activity. Despite the price increase, broader market pressures continue to challenge the cryptocurrency’s long-term outlook.
Pi2Day Challenge Drives User Engagement and Development
The Pi2Day 2025 Ecosystem Challenge ran from June 28 to July 7 and recorded significant participation across the Pi Network. Over 2.6 million users joined the eight-step challenge, while 761,000 completed all stages to earn exclusive digital rewards. This event showcased active use of Pi App Studio, Ecosystem Directory Staking, and improved Node tools.
Participants created 7,600 chatbot applications and launched 14,100 custom-built apps through the newly introduced Pi App Studio. Furthermore, 34,800 developers contributed to app creation, reflecting a surge in developer activity within the ecosystem. These outcomes reinforced the expanding utility of Pi Coin across community-driven platforms.
The Ecosystem Directory Staking also experienced notable traction during the challenge period. More than 16,700 users staked Pi across over 1,450 apps to improve visibility and discoverability. This growth highlighted increasing user confidence in ecosystem-based application models and decentralized development incentives.
Despite the absence of rewards, 37.7 million Pi were staked, with 25 million Pi still actively locked in apps. This indicates user commitment to ecosystem growth despite limited monetary incentives. The Pi Core Team stated that these milestones reflect a maturing development environment across its network.
Pi Coin Price Climbs, but Exchange Activity Signals Pressure
While the Pi Coin price saw a short-term increase, activity on centralized exchanges suggests possible bearish trends ahead. According to Piscan.io data, Pi held on exchanges rose from 384 million to 391 million this week. A rising supply on exchanges often signals preparations for token selling.
Market participants expect increased volatility due to upcoming token unlocks across the second half of 2025. In total, 620 million Pi will unlock between August and December, starting with 139 million in August. These releases may amplify downward pressure on the Pi Coin price if demand does not scale accordingly.
Expect way more volatility and most likely a hard time for $Pi's price action over the coming months as 139M $Pi (in August), 116M $Pi (in September), 93M $Pi (in October), 102M $Pi (November), and a huge 170M $Pi (in December) gets unlocked.
Besides that, the daily migrations… pic.twitter.com/Lr4CBnZsMn
— pinetworkmembers (@pinetworkmember) July 16, 2025
Although the recent Pi Coin price rally reflects optimism, several community members shared concerns on social media about market direction. Many cited low liquidity, limited buying interest, and over-centralized control as critical challenges to long-term price growth. The mixed reactions indicate growing dissatisfaction despite the ecosystem’s technological advancements.
However, some users remain optimistic, pointing to a possible supply squeeze after September’s forfeiture window closes. Others believe the current descending wedge pattern may lead to a breakout if demand rises. These contrasting perspectives underscore continued uncertainty around the Pi Coin price trajectory in the months ahead.
Community Remains Divided Over Future of Pi Coin Price
The Pi Coin price increase brought some optimism, but community sentiment remains split amid persistent macroeconomic and internal challenges. Enthusiasts celebrated development achievements, while critics argued that structural issues still outweigh technical progress. Posts across Reddit and X reflect this widening sentiment gap.
‼️ $PI bullish plan
👀 This descending wedge started forming in May and has been tightening up.
✅ Volume is relatively low and declining, which is normal in consolidation phase.
Potential breakout above $0.6 can trigger run above $1 or even $1.5
#PiNetwork2025 #Picoin pic.twitter.com/XVApDgvD8s
— GEM HUNTER 💎 (@TrueGemHunter) July 11, 2025
Developers seek greater decentralization and clearer liquidity pathways to support the broader adoption of Pi Coin. Meanwhile, ongoing token unlocks, exchange supply surges, and weak market support remain key issues for the community. While Pi Coin price movements may reflect progress, deeper systemic hurdles remain unresolved.