Pi Coin Hovers Near Record Lows Despite Surging Developer Activity
Pi Coin continues to underperform in the broader crypto market, sliding toward all-time lows while most major digital assets rally. The token has dropped 1.3% to $0.4524, hovering just 13.3% above its historic low of $0.4012. Trading volumes spiked 68% amid the price fluctuation.
Developer activity tells a different story. Since launching Pi App Studio on Pi2Day 2025, the network has seen 7,600 chatbot applications and 14,100 custom apps deployed—a sign of growing ecosystem development. Technical analysts note a forming falling wedge pattern, traditionally a bullish indicator, though the token remains the worst performer among top-35 cryptocurrencies.