Pi Network: 100 Days After Mainnet Expansion Launch
Pi Network has completed 100 days since launching the expanded mainnet on February 20, 2025, after over six years of ecosystem development. This event marks a turning point as Pi Blockchain first expands external connections, allowing real-time user access and supporting developers, merchants, and over 13 million official global users.
Success & Challenges in Pi Coin Value
During the 100-day milestone, Pi Coin (PI) price has not shown significant fluctuations. The currency continues to struggle with breakthrough, currently trading below $0.60. The average daily trading volume remains around $77 million, a 35% decrease from the previous week's average.
Pi Network Ecosystem & $100 Million Investment Fund
According to the official blog, within 100 days, the Pi Fund launched Pi Network Ventures, an initiative supported by a $100 million fund equally divided between Pi and USD. The fund's goal is to finance startups and businesses building or integrating into the Pi ecosystem.
The fund prioritizes projects that promote practical applications of Pi cryptocurrency, aiming to maximize the commercial potential of this blockchain. These projects could be new platforms, commercial ventures, or related services.
Innovation Activities & Pi Day 2025
Pi Day 2025, held on March 14, officially launched PiFest for a week, extending until March 21. The event attracted over 125,000 registered merchants, with 58,000 actively selling.
During the 100 days of network expansion, the Pioneers community has demonstrated that the utility-based cryptocurrency is sustainable and has strong growth potential. The "Pi Map" application attracted over 1.8 million Pioneer users and received over 45,000 positive feedback comments. PiFest also served as a platform for real-world commercial testing in the Pi ecosystem.
Market & .pi Domain Auction
Last week, Cryptopolitan announced the launch of .pi domain auctions, where individuals and businesses can own unique identifiers in the Pi ecosystem. According to the fund's report, over 123,000 auction activities occurred from more than 57,000 different users. In total, over 69,000 domains received auction proposals, and more than 3 million Pi were Staked during this process.
Owning these domains provides practical benefits such as enhancing application efficiency, increasing brand and personal recognition, and personalizing user experiences in the Pi blockchain environment.
Mainnet Ecosystem Updates & Development
Pi Network has updated the ecosystem interface since February. Now, developers can deploy applications directly through the Developer Portal without prior Whitelist approval. Additionally, content creators are invited to submit applications to join the Pi Ad Network to receive advertising revenue.
To date, over 3 million new Pioneers have joined the mainnet, raising the total official users to over 13 million. Blockchain activity surged with over 7.4 billion Pi transferred, of which 5.2 billion Pi were locked and 2.2 billion Pi are in an unlocked state. The network system now has over 400,000 actively operating nodes in testnet and mainnet.
