Latest Pi (PI) News Update

TLDR
Pi navigates exchange turbulence with a new US listing and institutional backing, while price struggles persist. Here are the latest news:

1. Swapfone Listing (25 August 2025) – PI/USDS pair debuts on US-regulated Swapfone, boosting liquidity amid airdrop skepticism.
2. Post-Mainnet Reality Check (22 August 2025) – Open Mainnet transition fuels sell pressure; PI trades 80% below February highs.
3. Ulu Ventures Backing (20 August 2025) – Early investor adds Pi to portfolio despite bearish technicals and rising exchange balances.

Deep Dive

1. Swapfone Listing (25 August 2025)

Overview:
Pi Network secured a PI/USDS listing on Swapfone, a mobile-first US exchange emphasizing regulatory compliance and cold storage. The platform launched an airdrop campaign (200 PI for 10 users sharing mining timelines), though concerns linger about Swapfone’s domain registration transparency (mid-2025) and lack of payout proofs.

What this means:
This is neutral for Pi. While the listing improves accessibility, Swapfone’s low trading volume ($28M/24h) limits immediate liquidity impact. The airdrop’s small scale and legitimacy questions temper bullish sentiment. (BTCC)

2. Post-Mainnet Reality Check (22 August 2025)

Overview:
Pi’s Open Mainnet launch (20 February 2025) enabled external connectivity but saw PI drop from $2.10 to $0.35–$0.40. Over 10M users migrated tokens, but 19M completed KYC face selling pressure. The Core Team holds 20B tokens (20% of supply), while early adopters dominate liquid supply.

What this means:
This is bearish short-term. Centralized validators and massive token unlocks (100B total supply) create structural sell pressure. However, hackathons (75K PI prizes) aim to spur utility-driven demand, though prior events like Pi2Day failed to sustain rallies. (MEXC)

3. Ulu Ventures Backing (20 August 2025)

Overview:
Ulu Ventures, a 2023 seed investor, added Pi to its portfolio alongside 137 Ventures. The move comes as PI hit a $0.335 all-time low, with RSI at 37.25 and MACD signaling bearish momentum. Exchange-held PI surged to $414M, raising liquidation risks.

What this means:
This is cautiously bullish. Institutional validation may slow retail panic, but technicals and rising exchange balances suggest weak near-term momentum. Analysts note the endorsement alone won’t reverse PI’s -51% 90d trend without utility breakthroughs. (CoinGape)

Conclusion

Pi’s recent exchange listing and venture backing counterbalance persistent sell pressure from token unlocks and centralization concerns. While infrastructure grows, price recovery hinges on accelerating real-world utility beyond mining hype. Will the 2025 hackathon finally catalyze PI’s transition from speculative asset to functional ecosystem?

TLDR
Pi’s community oscillates between hope and skepticism as token unlocks loom. Here’s what’s trending:
1. Bullish technicals hint at a falling wedge breakout
2. Token unlock fears dominate bearish narratives
3. Bitget integration sparks cautious optimism

Deep Dive

1. @johnmorganFL: Falling wedge breakout potential bullish

"Pi Network (PI) Price: Technical Breakout Signals Potential Bullish Trend"
– @johnmorganFL (38.2k followers · 1.2M impressions · 2025-08-11 12:13 UTC)
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What this means: This is bullish for PI because falling wedge patterns historically precede rallies – a confirmed breakout above $0.75 could signal trend reversal.

2. CoinMarketCap Community: 630M token unlock bearish

"Massive Unlocks + Bearish Setup = High-Risk Zone Ahead" – warns of 263M/233M/132M PI unlocking June-July-August 2025
– @CoinMarketCap (9.8M followers · 2.4M impressions · 2025-05-30 06:47 UTC)
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What this means: This is bearish as new supply could overwhelm demand – 630M tokens represent ~8% of circulating supply at current prices ($0.343).

3. Bitget: Exchange support fuels adoption mixed

"Bitget been backing Pi Pioneers since the start with solid earning events" – notes $150 referral rewards and growing liquidity
– @Bitget (1.1M followers · 890k impressions · 2025-08-04 00:50 UTC)
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What this means: Neutral-to-bullish – exchange support improves accessibility but doesn’t address core supply/demand imbalance.

Conclusion

The consensus on PI is mixed, with technical traders eyeing reversal patterns while macro concerns focus on token unlocks. All eyes remain on the $0.75 resistance level – a decisive break could invalidate bearish narratives, while failure might confirm the downtrend. Watch exchange inflows around the August unlock (132M PI) for liquidity stress signals.

Deep Dive

1. Pi Desktop Integration (11 July 2025)

Overview:
Version 0.5.3 of Pi Desktop (formerly Pi Node) improved Docker compatibility and auto-update capabilities, merging node operations with access to Pi App Studio – a no-code development environment.

What this means:
This is bullish for PI because it lowers barriers for non-technical users to build apps, potentially accelerating ecosystem growth. Node operators continue earning mining rewards, supporting network security.
(Source)

2. Passkey Wallet Security (5 August 2025)

Overview:
Pi Wallet integrated passwordless "Passkey" authentication using device biometrics, replacing traditional passwords to mitigate phishing risks.

What this means:
This is neutral-to-bullish for PI as enhanced security could boost user trust, though migration bottlenecks (like KYC delays) remain a headwind for adoption.
(Source)

3. Hackathon Tooling (16 August 2025)

Overview:
The Core Team released updated PiOS-licensed SDKs and templates for its 160,000 PI-prize Hackathon, focusing on real-world utilities like commerce apps.

What this means:
This is bullish for PI because successful dApps could drive transactional demand, though liquidity challenges ($0.34 price, -53% YTD) persist.
(Source)

Conclusion

Recent updates emphasize decentralization (Pi Desktop), security (Passkeys), and utility creation (Hackathon tools) – aligning with Pi's Open Network transition. While developer activity remains robust (21K+ community apps), can ecosystem growth offset PI’s circulating supply of 7.94B amid low liquidity?

Deep Dive

1. Pi Hackathon 2025 (15 October 2025)

Overview: Running from 21 August to 15 October 2025, this event incentivizes developers to create real-world utility apps for Pi’s ecosystem using tools like PiOS and Pi App Studio. Submissions require working prototypes and demo videos.
What this means: Bullish for PI as successful dApps could increase network utility and token burns. However, past hackathons (e.g., Pi2Day 2025) failed to sustain price rallies, highlighting execution risks.

2. Open-Source Protocol Transition (September 2025)

Overview: Community moderators (Shah Rah π) hint at a September 2025 release, though the Core Team hasn’t confirmed. This would decentralize validator nodes and allow third-party audits.
What this means: Neutral-to-bullish if confirmed, as transparency could improve trust. Bearish if delayed further, given ongoing centralization concerns (all live nodes are still Core Team-operated per CNN 2025).

3. Second Mainnet Migration Wave (TBD)

Overview: Speculation mounts about a second migration to transfer unmigrated tokens (referral rewards, new KYC approvals) to Mainnet, potentially adding millions of wallets.
What this means: Bearish short-term due to increased sell pressure (PI trades at $0.34 as of 26 August 2025), but bullish long-term if liquidity and adoption improve.

Conclusion

Pi Network’s roadmap balances ecosystem growth (hackathons, migrations) with structural upgrades (open-source transition). Success hinges on converting speculative activity into tangible utility while managing token unlocks. Will developer momentum from the hackathon offset inflationary pressures from 268M PI unlocks in July–August 2025?