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HomeCrypto BitsPi Network News Today: May 23
Pi Network News Today: May 23
Dimitar Dzhondzhorov
May 23, 2025 12:05
Here are some of the most interesting developments involving Pi Network and its native token as of late.
Pi Network News Today: May 23
Pi Network continues to attract widespread attention, with its native token staying in the spotlight amid a wave of bold price forecasts. In the following article, we’ll take a closer look at the most recent announcements, market movements, and strategic initiatives that have kept the project in the headlines over the past few weeks.
The Multi-Million-Dollar Initiative
Pi Network made the headlines on May 8 by teasing its community about an upcoming announcement that would be released in the following days.
The development in question was not mentioned, which allowed industry participants to speculate freely. Some of the guesses included a potential listing of PI on Binance – a move that wouldn’t lack merit since the company previously asked its users if they wanted to see the asset available on the platform.
On May 14, the team behind Pi Network lifted the curtain, disclosing the launch of a $100 million initiative (held in PI and USD) to invest in startups and businesses that could boost PI’s progress and adoption.
They shed further details by explaining that Pi Network Ventures (as the initiative is called) was created “with the Pioneer community at its heart.” They also said it would provide more utility for PI, strengthen the entire ecosystem, incentivize high-quality integrations, and put network effects in action.
