Pi Network Hackathon Hits Midpoint as Token Price Faces Challenges

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News - Pi Network's 2025 hackathon event, which launched in late August, has now reached its halfway point. The Core Team recently released a progress video highlighting several community-developed applications, including Starmax for Pi-based payments, Nature's Pulse connecting consumers with farmers, and Eternal Rush—a native Web3 game. Despite this developer activity, Pi's market performance continues to raise concerns, with the token trending downward across multiple metrics and approaching new all-time lows. This divergence between ecosystem growth and price action underscores the difficulties of maintaining valuation during bear market conditions. The hackathon's 160,000 Pi prize pool emphasizes the network's efforts to bootstrap utility, with notable submissions like ReloadPi (a Pi-powered e-commerce platform) and StreamPi (content monetization tool) demonstrating practical use cases beyond speculative trading.