Crypto News

Pi Coin News: Expert Reveals Pi Network’s Progress Ahead Consensus 2025

Crypto expert Dr Altcoin has revealed the progress that the Pi Network team has made to advance the ecosystem ahead Consensus 2025.
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Pi Coin News: Expert Reveals Pi Network’s Progress Ahead Consensus 2025

Highlights

  • Dr. Altcoin revealed that the Pi Network team recently approved the decentralized application Fruity Pi.
  • He also mentioned that the team is expected to approve other dApps soon enough.
  • The team is also said to be buying Pi coins to stabilize its price.

Crypto expert Dr. Altcoin recently highlighted the progress made by the Pi Core Team (PCT) to stabilize the Pi Network ecosystem ahead of the Consensus 2025 conference. The expert had previously asserted that this conference was pivotal for the ecosystem, even as the Pi coin price looks to reclaim the $1 level.

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Pi Network’s Progress Ahead Of Consensus 2025 Conference

In an X post, Dr. Altcoin stated that the Pi Network team is making progress within the Pi ecosystem as the Consensus 2025 summit in Toronto approaches. He revealed that the team recently approved the decentralized application Fruity Pi with a purple check mark.

The expert added that the Pi Core team (PCT) is also expected to accelerate the deployment and approval of other dApps in the Pi ecosystem, alongside pending Know Your Business (KYB) approvals. In line with this, he asserted that slowly but surely, the ecosystem is getting there.

The expert also recently revealed the Pi Network team’s purchase of Pi coins from centralized exchanges to help stabilize the token’s price. He claimed that the team created a sub-wallet that has already purchased 48.5 million Pi worth $31 million. These purchases are to help prevent the coin from declining amid the recent token unlocks.

Interestingly, the expert also predicted that the Pi coin price could reach triple digits within the next five years. He urged market participants to buy the coin while it is still cheap rather than panicking.

As to what the Pi Core team could do better, the expert believes that they could use the Consensus 2025 conference as an opportunity to showcase the Pi ecosystem. He claims that this conference will be pivotal for the Pi Network.

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HTX Hints Again At A Potential Pi Listing

In another X post, Dr. Altcoin drew the community’s attention to the HTX exchange again, hinting at a potential Pi Network listing. The exchange made an X post that included Pi’s logo, suggesting it could soon list the altcoin.

As CoinGape reported, HTX previously unveiled a cryptic hint on Pi coin listing on the exchange. Community members also suggested that the exchange could list the Pi coin through a verified onboarding process. The exchange has also made a third cryptic post, hinting at a possible listing of Pi soon.

This listing would undoubtedly be bullish for the token’s price, even as other top crypto exchanges, such as Binance and Bybit, remain silent on listing the altcoin. Binance recently outlined new requirements for listing on the exchange, raising speculations that it could soon list the Pi Network.

However, a Pi Network community member recently stated that the delay in the Pi Coin listing could be bullish for the altcoin as it allows the network to focus on providing real-world utility and having diamond-hand holders who won’t dump their coins when the top exchange lists the coin.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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