The latest developments in Pi Network as of May 2025 highlight a major transition toward decentralization and ecosystem expansion:
✅Horizon Update:✅ Pi Node operators must upgrade to the new Horizon version, a critical step in moving Pi from an enclosed to an Open Mainnet, enabling broader network participation and external integrations
✅Consensus 2025 Event:✅ This global community-driven governance event finalized key decisions on KYC completion, Mainnet eligibility, developer funding, and the launch of utility-based Pi apps. It also set the stage for an official ecosystem announcement including an open Mainnet timeline, a decentralized Pi App Store, and DeFi protocols like PiFi for smart contracts, lending, and staking
✅$100 Million Pi Network Ventures Fund:✅ Launched to invest in startups and projects that build real-world use cases for Pi, supporting ecosystem growth and adoption in sectors like e-commerce, education, and healthcare
✅Decentralization Push:✅The Pi Core Team is shutting down central nodes and preparing to open-source the platform’s code, allowing developers more freedom and community governance, moving away from centralized control
✅Real-World Integration:✅ Pi Coin is increasingly accepted by over 125,000 merchants globally, with ongoing efforts to integrate Chainlink oracles and expand decentralized applications, although some delays and skepticism remain regarding timelines for full open Mainnet and exchange listings
✅Price and Market Sentiment:✅ Despite the funding announcement, Pi’s price has experienced volatility, recently trading around $0.76–$0.87, reflecting a “sell the news” reaction and cautious market outlook pending further ecosystem developments
#highlights #PiNetwork #Web3 #highlighteveryone #bitcoin