Pi Network (PI) Drops 25.94% Amid Security Upgrade, Coldware (COLD) Gains Traction

Pi Network (PI) has experienced a significant decline, with its value dropping by 25.94% over the past week. This sharp decrease has placed the token dangerously close to its all-time lows, currently trading around $0.69. Despite having one of the largest communities in the crypto space, Pi Network (PI) has struggled to maintain its momentum, causing traders to worry about a continued slide toward $0.60 or even lower.

In contrast, Coldware (COLD) is gaining traction as an emerging utility project. The company has announced the upcoming reveal of a Web3-integrated mobile hardware device in 40 days. This new device aims to merge decentralized hardware with a scalable Proof of Stake (PoS) blockchain, offering real-world applications in payments, IoT, and secure mobile computing. Coldware (COLD) represents a new category of crypto innovation, distinct from Pi Network (PI)’s app-based model.

Pi Network (PI) recently implemented a significant change in its user verification process, transitioning from SMS verification to email-based two-factor authentication (2FA). This upgrade was intended to enhance security and pave the way for more advanced verification methods, such as passkeys and biometrics. However, the market has not responded positively to this change, and bearish sentiment persists.

As Pi Network (PI) continues to face challenges, Coldware (COLD) is attracting more attention. The shift in focus from minting apps to real-world utility projects is evident, with Coldware (COLD) leading the trend. Both retail and whale wallets are increasingly investing in Coldware (COLD), drawn to its capped supply, Web3 integration, and the promise of utility, transparency, and scalability. With the Coldware (COLD) hardware launch approaching, the differences between the two tokens are becoming more pronounced.