With the much-awaited Pi2Day on June 28, Pi Coin is facing selling pressure as the native Pi browser offers greater user control with a new feature.

Pi Coin's rally has ended after a strong rejection at $0.65, as the price has fallen 9% to $0.55 in the last 24 hours.

The move comes ahead of Pi2Day on June 28, as the Pi Networks community builds excitement with the Pi core team expected to introduce new features like KYC Sync.

Additionally, the Pi browser has a new feature towards greater decentralization, allowing users "full account management".

Pi Coin loses steam ahead of Pi2Day.

Pi Coin, Pi Network's native cryptocurrency, has come under selling pressure after a major rejection at $0.65.

After the Pi token rally, which went from $0.47 to $0.65, the bulls seem to be losing the edge to rally beyond $1. So far, the Pi Network coin is down 8% to $0.54, with its daily trading volume down nearly 50% to $167 million.

This shows that investors are cautious ahead of the big Pi network event. One of the most awaited community announcements at the Pi2Day event on June 28 will be the KYC Sync feature, which will allow the Pi app to integrate with the Pi browser, thus eliminating user complaints regarding incorrect KYC.

This is a very important development as lakhs of users waiting for updated KYC status can now go ahead with their migration to open mainnet.

The Pi Browser gets a major update from the Pi Network Core team.

Pi Network’s native Pi Browser has received a major update, allowing users to manage their accounts entirely within the Pi ecosystem.

This advancement will eliminate the need to switch between apps, streamlining the user experience. Pi community member Mr. Spock said that this is a step towards greater decentralization of the network.

Users can now perform a number of actions directly through the PI browser, including updating account information, accessing ecosystem apps, managing the KYC process, and preparing for exchange integration.

As a result of this development, Pi Network participants will be able to experience Web3 without any interruptions.

Additionally, the Pi Core team also teased GenAI integration earlier this week, with founder Nicolas Kukles participating in the GenAI panel at Consensus 2025.

Earlier this week, Pi coin price made a strong breakout from a falling wedge pattern, ending a 7-week consolidation with the Pi token.

However, with the recent sell-off in the Pi token, $0.52 will be a key support to watch. A break below this could end the chances of a further rally.

#pi #PiNetwork #CryptoMarkets #Market_Update #MarketSentimentToday