Pi Network recently introduced the .pi domain system to commemorate its sixth anniversary on Pi Day, March 14, 2025. This initiative allows users to acquire personalized .pi domains within the Pi ecosystem, aiming to enhance digital interactions and establish unique online identities.
The .pi domains function as unique digital identifiers or virtual storefronts within the Pi ecosystem, simplifying interactions with Pi-based websites, apps, and services. They operate specifically within a Web3 environment and are compatible directly with the Pi Browser and third-party wallets and services that integrate with this feature, or via the extension of pinet.com that works in legacy browsers such as Chrome and Safari.
The auction for these domains began on Pi Day and is set to continue until June 28, 2025. Notably, domains associated with prominent brands like Tesla, Samsung and Amazon have already attracted bids totaling 60,000 Pi Coins from a single wallet.
Despite this development, the value of Pi Coin has experienced a decline. As of March 18, 2025, Pi Coin is trading at approximately $1.10, reflecting a decrease of about 17.91% over the past 24 hours and 35.01% over the past 30 days.
While the introduction of .pi domains aims to bolster the Pi Network ecosystem, it has not yet led to an increase in Pi Coin's market value. The cryptocurrency continues to face volatility, with its price currently trending downward.
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