#Pi Network
Pi Network has completed its first 100 days since the launch of Open Mainnet on February 20, 2025, after more than six years of ecosystem development.
The launch opened external connectivity to the PI blockchain, providing real-time utility and expanding access for developers, vendors, and over 13 million Mainnet users worldwide.
The 100-day celebrations did little for the price of Pi Coin (PI), which has struggled to gain higher momentum and is now trading below $0.60.
The coin failed to break the resistance at $0.61, marked by the 50-period exponential moving average, with current trading volumes hovering around $77 million, down 35% compared to the seven-day average.
Pi Venture Fund $100 million and PI Day 2025
According to the blog, in 100 days, Foundation Pi launched Pi Network Ventures, an initiative backed by a $100 million pool between PI and USD.
The PI team claimed that this initiative would help fund startups and businesses that rely on or integrate the PI ecosystem.
He added that the fund will prioritize projects that stimulate commercial use and practical applications of the PI coin.
"During the first 100 days of the open network, pioneers demonstrated that the accepted, community cryptocurrency PI is here to stay and grow,"
- stated the fund.
The community-based app "Map of Pi" recorded over 1.8 million pioneer users during the event, while more than 45,000 reviews were submitted.
Pifest became a testing ground for real trading in the PI ecosystem.
