#pinetwork

Token Unlock and Supply Adjustments

In March 2025, Pi Network unlocked 188 million tokens for over 1.1 million users, aiming to enhance accessibility within the community. 

 Additionally, the Pi Core Team burned 10 million tokens, reducing the total circulating supply to 6.77 billion. Despite these efforts, the price of Pi Coin has not seen significant improvement. 

Exchange Listings and Price Performance

Pi Coin remains unlisted on major exchanges like Binance and Coinbase, primarily due to concerns over transparency in its token locking and burning mechanisms. 

 This lack of major exchange listings has contributed to a decline in Pi Coin's price, which has fallen below $1, trading at approximately $0.92 after a 4% decline in the past day. 

Ecosystem Expansion Initiatives

On #Pi Day (March 14, 2025), #piNetwork launched several initiatives to expand its ecosystem, including the .pi Domains Auction, the commencement of the PiFest shopping period, and enhancements to the Mainnet Ecosystem user interface. 

 These efforts aim to increase Pi's real-world utility and strengthen its community engagement.

Despite these initiatives, the Pi Core Team has faced criticism for a perceived lack of transparency and communication, particularly regarding the token migration process and the status of user balances. 

 This has led to uncertainty among users about the project's direction and their holdings.

In summary, while Pi Network is making strides to enhance its ecosystem and token utility, challenges related to exchange listings, price stability, and community trust remain.