Pi Network’s Game-Changing Update: Major Breakthroughs Before Hackathon Deadline

Pi Network drops bombshell updates just days before hackathon cutoff—users positioned for massive gains.

Core Protocol Upgrades

The network's latest enhancements slash transaction times by 40% while boosting throughput capacity. These aren't incremental improvements—they're fundamental architecture shifts that could redefine mobile mining economics.

Developer Ecosystem Explosion

With the hackathon deadline looming, project submissions surged 300% month-over-month. Teams are racing to deploy everything from DeFi protocols to NFT marketplaces—all built on Pi's suddenly-more-robust infrastructure.

Mainnet Momentum

Migration statistics reveal accelerating adoption curves that would make traditional VCs blush. Meanwhile, Wall Street remains largely oblivious to the grassroots financial revolution unfolding in plain sight—typical finance guys chasing yesterday's trends while tomorrow's ecosystem builds without them.

The countdown's on: Pi's proving that sometimes the most disruptive innovations come from outside the traditional system entirely.

Pi Network’s Ecosystem Grows

Although it saw the light of day officially at the beginning of this year, the project had been in development for over half a decade before that. As such, it had accumulated a large user and fan base prior to its launch, which helped it gain traction at first. However, its progress stalled in the following months, but it could be on the rise once again now.

The PI Mainnet ecosystem is experiencing explosive growth!
There are already 210+ live apps, with more than 23,000+ in Pi Studio gearing up to launch on the Mainnet!

Final Hackathon submission deadline: Wednesday, October 15
More amazing apps are racing against time to… pic.twitter.com/QSDI4OTO47

— Pi News (@PiNewsMedia) October 12, 2025

Pi News reported that the number of live applications has skyrocketed to over 210, with more than 21,000 preparing for launch on the Mainnet soon. It attributed this impressive growth to the ongoing Pi Network Hackathon, which began in late August and is scheduled to be completed on October 15.

The team behind the project posted a halfway point review in September, which highlighted some of the most utilized new apps that were released during the Hackathon.

The event, which aims to incentivize users to develop more apps on the Pi Network Mainnet, has a prize pool of 160,000 PI tokens to be distributed to up to eight teams in the following manner:

• 1st Place – 75,000 Pi

• 2nd Place – 45,000 Pi

• 3rd Place – 15,000 Pi

• Honorable Mentions (up to 5 teams) – 5,000 Pi each

PI Price Update

In contrast to the Pi Network usage, the project’s native token has been in a free-fall state for months. It continues to dig new lows, and the latest came during the Friday-night meltdown when it plunged to $0.1721 (CoinGecko data). This meant that it had lost over 94% of its value since the ATH marked in late February of $2.99.

Although it has bounced to just over $0.20 at press time, the future for PI seems rather grim, at least according to ChatGPT and its latest projection on the matter. Nevertheless, the unlock schedule will ease in the following weeks, which should reduce the immediate selling pressure on the asset.