#BinanceAlphaPoints Pi Network has made some significant announcements recently. Here are the key points:
- *Pi Network Ventures Launch*: Pi Network has launched a $100 million venture fund to support innovative startups and businesses that advance the utility, adoption, and real-world impact of Pi. This initiative aims to create a feedback loop of innovation and adoption, benefiting builders, businesses, and the global community of Pioneers.
- *Ecosystem Announcement*: Pi Network teased a major ecosystem announcement at Consensus 2025 on May 14, highlighting its Web3 ambitions. The community hopes to see strategic partnerships with industry giants like Google Cloud and Visa.
- *Open Network Launch*: The Open Network launch marks a pivotal milestone for Pi Network, enabling external connectivity and opening doors to more impactful utility creation and real-world integration.
- *Pi Coin Price*: Pi Coin price has been fluctuating, with some analysts predicting a potential breakout rally that could push it past the $3 mark. The price currently holds above $1, with a 42% upside potential predicted by some technical indicators.
- *App Updates*: Pi Mining App and Pi Browser App have received new updates on the Google Play Store, presumed to bring improved user interface and new backend features to support ecosystem functionalities.
- *Decentralization*: The Pi core team has shut down its central node, signaling a shift toward full decentralization and boosting trust in Pi's distributed node infrastructure ¹ ² ³.