Promising News for Users Ahead of Hackathon Deadline

The PI token additionally bounced off its current ATL.

The favored but controversial undertaking has come underneath lots of criticism as of late, particularly relating to the efficiency of its native token. Nevertheless, right here’s some excellent news when it comes to general improvement and utilization, in keeping with one of many large X channels devoted to protecting occasions associated to Pi Community.

Pi Community’s Ecosystem Grows

Though it noticed the sunshine of day formally in the beginning of this 12 months, the undertaking had been in improvement for over half a decade earlier than that. As such, it had accrued a big person and fan base previous to its launch, which helped it achieve traction at first. Nevertheless, its progress stalled within the following months, but it surely might be on the rise as soon as once more now.

🚀 The Pi Mainnet ecosystem is experiencing explosive progress!
There are already 210+ dwell apps, with greater than 23,000+ in Pi Studio gearing as much as launch on the Mainnet!

📅 Remaining Hackathon submission deadline: Wednesday, October 15
Extra wonderful apps are racing towards time to… pic.twitter.com/QSDI4OTO47

— Pi Information (@PiNewsMedia) October 12, 2025

Pi Information reported that the variety of dwell functions has skyrocketed to over 210, with greater than 21,000 making ready for launch on the Mainnet quickly. It attributed this spectacular progress to the continuing Pi Community Hackathon, which began in late August and is scheduled to be accomplished on October 15.

The workforce behind the undertaking posted a midway level evaluate in September, which highlighted a number of the most utilized new apps that had been launched throughout the Hackathon.

The occasion, which goals to incentivize customers to develop extra apps on the Pi Community Mainnet, has a prize pool of 160,000 PI tokens to be distributed to as much as eight groups within the following method:

PI Worth Replace

In distinction to the Pi Community utilization, the undertaking’s native token has been in a free-fall state for months. It continues to dig new lows, and the most recent got here throughout the Friday-night meltdown when it plunged to $0.1721 (CoinGecko knowledge). This meant that it had misplaced over 94% of its worth for the reason that ATH marked in late February of $2.99.

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Though it has bounced to simply over $0.20 at press time, the longer term for PI appears slightly grim, at the very least in keeping with ChatGPT and its newest projection on the matter. However, the unlock schedule will ease within the following weeks, which ought to cut back the instant promoting strain on the asset.