Core devs encourage active participation in Pi’s utility-building: USDT rolled out on testnet, liquidity boost next?
Pi Network (PI) just rolled out Tether USD (USDT) transactions on their testnet, allowing the Pioneers to get familiar with fresh DeFi capabilities. The ability to simulate transactions in a safe environment prior to using USDT in real dApps is pivotal in order to establish a smooth system driven by the popular stablecoin.
Pi’s USDT Adoption: Much-Needed Liquidity Refresh
These actions critically support the ecosystem’s refinement. Last year, Pi’s Core team said they would be focusing on DeFi & real-world utility cases rather than major crypto exchange listings. While the full-fledged 100 dApp ecosystem is still in the works, Pioneers can already test out some of it, enabling a learning curve without financial loss.
With the Spot trading volume barely picking up $100 million on most days so far this year, Pi Network’s stagnant trading activity suggests the demand has tumbled since the mainnet’s start. Certainly, Pi Coin’s price hit an all-time high of $2.99 a week upon launch back in March, 2025, but the current price is over 80% down from that point.
Key Trend-Lines Trashed; Pi’s Price Bottom Found?
Trading at $0.17, Pi Coin’s current price setup suggests that further downswings are to be expected if the demand doesn’t pick up pace or big-time investors don’t start actively accumulating their positions. With 8.38 billion Pi Coins now unlocked, there’s still roughly 4.5 billion Pi Coins waiting to be unlocked, judging from PiScan’s token unlock schedule.
SoSoValue’s data also highlighted the fact that Pi Coin’s price is now trading above all three key moving averages – plunging below these trend-lines constitutes a strong bearish takeover. From the whales’ perspective, the current Pi’s price range isn’t a convincing local bottom either. With the Chaikin Money Flow (CMF) still negative, big-time investors are super cautious.
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