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Abdul Rehman Kakar
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Pi Network @PiCoreTeam #pi #PiCoreTeam Pi App Studio is one attempt to attain a vision shared by many technologists: a world where anyone can create and run apps using human languages, not code, without needing a technical background. Read the full Pi2Day blog to learn more. New Node Versions Beyond the launch of Pi App Studio, which aims to bridge the two worlds of AI and Pi Network, the Core Team decided to reiterate on what the Node’s latest versions are, which also arrived on and after Pi2Day. In the video, they explained that the key update in version 0.5.2, which was released on June 28, involved a rename: Pi Node was changed to Pi Desktop. It was followed shortly by 0.5.3, which fixed a few bugs and included Pi Node, Pi mining app, and certain utilities like the aforementioned Pi App Studio. According to the team, this change was needed for the app to become more accurate, easy to use, and open to future integrations into different devices like mobile and desktop. Pioneers (users, developers, and everyone in between in the Pi Network ecosystem) were advised to download the new Pi Desktop version and “take advantage of these additions.” The video reiterated that users who run Pi Nodes will continue to receive mining rewards since running Nodes helps the protocol’s security, decentralization, and longevity. PI’s Price Update Despite these updates, the release of new versions, and the launch of innovative products, Pi Network’s native token continues to struggle. In fact, even the overall market resurgence in the last several days couldn’t really propel a notable price surge for PI. In times when BTC charted a new all-time high, while altcoins like XLM, XRP, HYPE, and others are posting double-digit gains, PI is down by over 4% in the past day. Its rally from under $0.45 to over $0.52 was quickly halted, and the asset was pushed south to under $0.47, which is essentially the same level as last week.
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Click here to get a Reward Hub🤑. https://www.binance.com/activity/word-of-the-day/G1144492963167956993/shared?shareParam=eyJhY3Rpdml0eUlkIjoiRzExNDQ0OTI5NjMxNjc5NTY5OTMiLCJuZXdzSWQiOjc5ODQ0ODExMDQ5MjMwMjg1MSwicm91bmQiOjYsInVzZXJLZXkiOiJXVTExNDkwOTY5MDMyNTA0MTE1MjAifQ%3D%3D
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Pi Coin Price Surges 10%: What Could Come Next? Pi Coin jumped 10.4% in the past 24 hours, driven by a rebound from key technical support, rising altcoin momentum, and fresh updates within the Pi ecosystem. But despite the optimism, looming token unlocks and rising exchange inflows could dampen the rally’s sustainability. Technical breakout fuels bullish momentum. Pi Coin bounced from the $0.44 support zone, reclaiming the 7-day simple moving average at $0.47 and briefly testing the $0.52 mark. The 30-day SMA at $0.53 now acts as immediate resistance. Technical indicators have shifted in favor of bulls. The MACD histogram turned positive for the first time since June 25, signaling declining bearish pressure. Simultaneously, the 14-day RSI rebounded to 45.32, moving out of oversold territory and hinting at renewed momentum. Broader market shift lifts altcoins Pi’s rally is also part of a wider altcoin resurgence. The total crypto market cap rose 5.7% in the past day, while Bitcoin dominance slipped to 63.8%. According to CoinMarketCap, the Altcoin Season Index surged 25% this week, reflecting capital rotation into alternative assets. Optimism around upcoming U.S. crypto regulations, particularly the CLARITY Act, further boosted sentiment. Additionally, a short squeeze in the derivatives market—marked by over $1 trillion in open interest and negative funding rates—likely forced bears to unwind positions, amplifying upside pressure across altcoins. Ecosystem upgrades drive renewed interest The Pi Network rolled out version 0.5.3 of its Node software, improving blockchain explorer integration and network reliability. Meanwhile, App Studio reported traction despite still operating under beta conditions—over 10,500 applications are now being developed within the Pi ecosystem. Community anticipation is also building ahead of the July 27 GCV event in India, which is expected to highlight Pi’s real-world transaction potential and progress toward broader utility.
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