Over the weekend, the Pi Core Team announced a shift from phone-based verification to a more secure email-based two-factor authentication (2FA) system. The previous phone system faced global issues due to telecom regulations and high carrier costs, which made it unreliable.
While the transition initially caused temporary interruptions—such as liveness checks and SMS re-verification for select users—the issues have now been resolved, and account migrations are proceeding smoothly.
The team is also planning to explore future upgrades, including biometric or passkey authentication options, to enhance platform security.
Pi Ad Network Rolls Out for Developers
In a significant push toward monetization and ecosystem growth, the Pi Core Team has started integrating the Pi Ad Network within native apps on the Pi Browser.
This new ad system allows:
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Advertisers to purchase ad slots using PI tokens
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Developers to earn PI based on app engagement
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Community members to potentially benefit from increased token demand
This integration encourages decentralized economic activity and helps app creators earn within the Pi ecosystem.
PiFest Sets Global Participation Record
Between March 14 and 21, the Pi Network hosted its first major global event — PiFest, which aimed to showcase the real-world use of PI as a peer-to-peer digital currency.
Key highlights include:
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125,000 sellers registered, with 58,000 active participants
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1.8 million Pioneers used the Map of Pi app to find and interact with businesses
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Over 45,000 reviews were submitted to increase transparency and user trust
The event marked the first global commerce initiative powered by Pi’s Open Network and provided strong evidence of PI’s potential in local economies.
PI Token Price Declines Despite Milestones
Despite these positive updates, the price of PI has dropped by 80% from its all-time high of February 28, 2025. The token has slipped below the $0.70 support level, with:
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19% decline in the last 7 days
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6% drop in the last 24 hours
This downtrend is concerning, especially given that other cryptocurrencies are currently rallying.
Community sentiment, however, remains hopeful. Popular voices on X (formerly Twitter) have suggested possible solutions to reverse the fall, such as:
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Hiring more staff to manage platform growth
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Decentralizing the token further
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Encouraging developers to innovate freely on the Pi network
Some bullish predictions suggest PI could rise to $5, depending on community growth, market support, and new ecosystem developments.
FAQs
What is the latest verification method for Pi Network users?
Pi Network has moved from phone-based verification to a more secure email-based 2FA system. Future updates may include biometric options.
What is the Pi Ad Network?
It allows developers to monetize apps and advertisers to purchase ads using PI tokens. This is part of Pi’s broader ecosystem growth strategy.
What happened during PiFest?
PiFest was a global event with over 125,000 registered sellers and 1.8 million users participating. It showcased real-world utility of the PI token.
Why is the PI token price falling?
Despite strong ecosystem updates, PI has declined due to market uncertainty and limited token decentralization. It has dropped below $0.70 as of April 2.
Are there any price predictions for PI?
Yes, some optimistic forecasts see PI rising to $5, but this depends on decentralization, team scaling, and user adoption.
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Aanchal is a passionate writer with a keen interest in storytelling, content creation, and creative expression. She enjoys exploring diverse topics and crafting engaging narratives that captivate readers.