Pi Network Unveils 2 Major Updates but PI Token Dumps to a New All-Time Low
The Core Team behind the controversial project continues to improve the user experience, and the latest set of updates is focused on the Pi App Studio.
However, it appears that the native token’s current situation cannot be positively influenced by any of these, as it has plunged once again to a fresh all-time low less than 10 days after the previous one.
What’s New on Pi App Studio
Ever since it released the Pi App Studio last year, the team has doubled down on improving the general experience, especially by introducing AI-related features. In its latest blog post on the matter, they outlined two major updates, one with AI functions and the other focused on backend support.
The latter enables persistent user experiences for newly created applications through the Pi App Studio. Consequently, devs who have created their own apps can “save and retrieve user-specific data across sessions.” According to the team, this would enable “experiences that continue even after users leave and return.”
The second big improvement is indeed centered on incorporating more artificial intelligence functions: an AI-assisted App Planning Phase. It allows devs to crystallize their initial idea into a more complete app concept in a “more interactive and dynamic way.”
The Pi App Studio updates now follow previous notable announcements from the team, such as SoloHost, Pi Sign-in, and PiVerify during Pi2Day on June 28.
PI Sees New ATL
No matter what kind of new updates the team is trying to introduce, the project’s native token just can’t catch a more permanent break. It has marked numerous all-time lows during this bear cycle in the past year, and the latest arrived hours ago.
PI flirted with the $0.11 support for several days, but the broader market’s retreat has pushed it south hard. The token is down by over 7% in the past day, while most of the market has slipped by 1-2%, and charted a new low of $0.1033 (according to CoinGecko). It has lost 10% weekly, but the macro scale is a lot more painful, showing a 96.5% drop from the all-time high in February 2025.
Pi Network (PI) Price on CoinGecko
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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