Pi Coin hit a record low of $0.1585, but upcoming events like the Pi Hackathon and the upgrade to Version 23 could impact the project’s future.
Current Status of Pi Coin
Pi Network continues to face challenges in 2025, with the price of Pi Coin currently trading around $0.2157. Just weeks ago, on October 11, the token hit a historic low of $0.1585.
This decline brings the coin dangerously close to symbolic zero, raising serious doubts about its viability. The question now is whether upcoming events can reverse the trend.
Can New Events Support Pi’s Recovery?
According to Pi News, the network already hosts over 210 decentralized applications (DApps), with more than 23,000 projects in preparation for deployment via Pi Studio on the mainnet.
This shows strong ongoing developer interest in the Pi ecosystem. If this activity continues, it could improve network functionality and potentially lead to price recovery.
Key Upcoming Events
- Pi Hackathon – launched in August 2025 and ending on October 15. The event features projects like Starmax, Nature’s Pulse, and Eternal Rush, which could attract new users and developers to the network.
- Protocol Version 23 – planned for late Q4 2025 or early 2026, aims to improve scalability, transaction speed, and network efficiency.
Does This Guarantee a Price Increase?
Despite the clear network development, there’s no guarantee it will result in a price recovery. On October 1, Pi Network added features like a decentralized exchange (DEX) and an automated market maker (AMM) to its testnet, allowing swap and liquidity testing.
Yet, Pi Coin still registered two new lows in the same month — a sign that the market remains skeptical for now.
Fundamentals Are in Place, but Market Reaction Is Absent
Although the network is evolving technologically, the market response hasn’t materialized. Apps, features, and developments are multiplying, but the token’s value isn’t reflecting this progress.
Time will tell whether the hackathon and upgrade will provide the needed boost or if Pi Coin will continue losing investor confidence.
Conclusion
2025 is proving to be a decisive year for Pi Network. While tech upgrades and an active community bring hope, market indicators point in another direction. Upcoming events like the hackathon and Version 23 will be critical in determining whether the project rebounds or remains on the fringes of the crypto ecosystem.
Frequently Asked Questions
Find answers to the most common questions below.
The price decline is due to ongoing market skepticism and lack of clear use cases, despite technical developments.
It’s an upcoming upgrade expected in late 2025 or early 2026, aimed at improving scalability and network efficiency.
If successful, the hackathon could attract new users and projects, which may support price stabilization or growth.
This article is for general informational purposes only and is not intended to be, and should not be construed as, legal or investment advice. Crypto-assets are highly volatile, so only invest funds that you are willing to lose and use your own research and risk management.
