Pi Network Launches AI App Studio, Pi Coin Drops 1.8%

Pi2Day 2025 marked the launch of several significant updates by the Pi Network, aimed at enhancing the utility and accessibility of its ecosystem. The most notable announcement was the introduction of Pi App Studio, an AI-powered, no-code development platform. This tool allows users to create Pi applications effortlessly, regardless of their technical expertise, by combining blockchain technology with artificial intelligence to support real-world problem-solving through scalable app creation.
Another key feature unveiled was Ecosystem Directory Staking, which enables both Pioneers and businesses to stake Pi to boost the visibility and ranking of apps within the Ecosystem Interface by staking Pi on the Mainnet blockchain. Additional updates included a new version release for Pi Nodes, integration with a third-party onramp aggregator, an extension of the .pi Domains Auction, and several enhancements to the Mainnet migration process. To engage the community, Pi Network also launched the Pi2Day Ecosystem Challenge, where participants can explore new features and earn digital prizes.
The Pi Browser now allows full account management, including KYC and dApp access, all in one place. These updates follow the KYC sync feature launched on June 19 to ease onboarding. Despite these advancements, the Pi coin has failed to rally, with many in the community hoping for more substantial announcements such as a major exchange listing, AI integration, the official launch of Pi’s Open Mainnet, or at least a clear timeline. The Open Mainnet launched in February 2025, but most pioneers still can’t access it due to pending KYC and migration delays.
Dr. Altcoin weighed in on the Pi2Day update, calling it underwhelming. While the Core Team rolled out an AI tool to help build apps, the market was not impressed. In his view, Pi could be heading toward the $0.40 range in the coming days. He had predicted that if the Pi Core Team shared a noteworthy update, the price might spike to around $0.7–$0.9, but then return to the $0.5 range within a day or so. Pi coin is currently trading at $0.5444, down 1.8% in the last 24 hours. It is down over 26% this month and trading more than 80% below its all-time high of $2.99. The trend remains bearish, with most moving averages showing sell signals.
If it fails to hold the key support around $0.50, it could drop further. Bulls need to reclaim levels above $0.56–$0.58 to regain control. The technical outlook for Pi Network remains bearish as it struggles to maintain its weekly gains. The token dropped by 4% at press time on Friday, extending its downward trend. The price dynamics of Pi Coin show that it broke above the $0.5412 support level but failed to sustain gains beyond $0.6469. A descending trendline from mid-May continues to cap upside attempts, while the price remains below key resistance levels between $0.62 and $0.66. This zone aligns with a rejected order block visible on the 1-day chart, reinforcing short-term bearish sentiment. The current price structure is stuck inside a descending triangle, and unless Pi breaks above $0.6185 (200 EMA on 4H), the move appears corrective rather than a sustained reversal.
The reasons behind Pi Coin's price decline can be attributed to momentum exhaustion and resistance rejection. On the 30-minute chart, Pi formed a lower high near $0.646 before declining back into the $0.57 zone. The RSI printed a clear bearish divergence at peak levels, followed by a breakdown to 28.10, indicating oversold conditions but without recovery. The MACD shows a bearish crossover, with the histogram in negative territory, confirming selling pressure. The Ichimoku Cloud shows Pi trading below both the Tenkan and Kijun lines, with the price also dipping below the cloud—a signal of near-term bearish trend formation. The VWAP is now acting as intraday resistance at $0.5927, and Parabolic SAR dots have flipped above the price, further suggesting downward continuation.
The 4-hour EMA structure paints a mixed-to-bearish picture. While Pi briefly flipped above the EMA 20–50–100 cluster, it failed to hold above the 200 EMA ($0.6185). The Keltner Channel shows mid-band rejection, with candles now forming below the upper range. On the Stoch RSI, both lines are flat near zero, showing no sign of an immediate bounce. With multiple signals aligning, Pi may be headed for a test of deeper support. As long as Pi remains below $0.6065–$0.6185, sellers are likely to maintain control. The critical short-term support lies near $0.5600 (Supertrend flip zone), followed by the $0.5412–$0.5285 band, which acted as demand during the recent bounce. The DMI shows the -DI line leading above +DI, indicating bears have a slight edge. The ADX at 22.59 remains relatively neutral but slightly rising, hinting that this bearish move could sustain if momentum builds. If bulls manage to push back above $0.5927 (VWAP) with volume confirmation, a test of $0.6185 and even $0.646 could unfold. However, failing to hold above $0.5600 opens the door toward $0.52 and $0.48—both of which are visible from previous liquidity sweeps on the lower timeframes. Overall, Pi coin price volatility remains elevated, and the compression near triangle support suggests a breakout is nearing. Traders should watch $0.5600 closely for directional confirmation.
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