“Pi Network Update — Hackathon Live & Migration Buzz Heats Up”

> Pi Network Highlights — August 24, 2025

• Hackathon is live! The Pi Hackathon launched on August 21, inviting developers to build dApps and utility-focused tools using Pi—teams must complete KYC to participate. Submissions are due October 15, with a mid-point check-in set for September 19.

• On-chain action rises: Between August 22–23, a total of 550 million Pi moved in six large transfers—from 50M to 100M Pi each—mostly originating from Pi Foundation wallets. Community speculates these could relate to private funds or ecosystem scaling.

• Second Migration Talk Gains Steam: A community moderator hinted a second mainnet migration could happen in 2025, aimed at unlocking referral rewards and KYC-verified balances. Analysts caution that releasing too many tokens too quickly could create temporary selling pressure.

Quick Overview Table:

Development Insight & Impact

Hackathon Launch Encourages Pi-based utility apps; developer engagement

Large Transfers Signals fund movement; could indicate ecosystem build-up

Migration Speculation Potential liquidity boost—but watch for market impact

Disclaimer: This is not financial advice. Always DYOR before making any decisions.

Your View:

Will the Hackathon and migration buzz help Pi regain strength, or will token unlocks pressure the price further? Share your thoughts!

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