Pi Coin (PI) Price Holds Above $1 Ahead of Pi Network's Ecosystem Announcement

Pi Coin price holds above the $1 psychological level at $1.19 as the anticipation grows around Pi Network's major ecosystem announcement today.

Pi Network is preparing for a parabolic rise as anticipation peaks around the latest ecosystem announcement on May 14.

Also, the upcoming Pi Network’s founder speech at the highly anticipated ConsenSys 2025 event will bring global recognition. ConsenSys serves as a global stage for crypto innovations. This year, a keynote from Pi Network’s founder could provide deep insights into Pi’s transition to open source and its decentralization roadmap.

The growing buzz before ConsenSys talk adds momentum to the Pi Coin rally above $1, hinting at the next big move crossing the $3 milestone. Further supporting this uptrend and bullish sentiment is the core team’s move to close the central node ahead of open-source release.

As the project appears ready, both the mining and browser apps get key updates on the Google Play Store. Will Pi Network’s token price gain momentum with an optimism spark in the Pi community? Here’s a breakdown:

Why Is Pi Coin Price Targeting $3 Now?

Pi Network prepares for a parabolic rise as anticipation peaks around the latest ecosystem announcement on May 14.

Also, the upcoming Pi Network’s founder speech at the highly anticipated ConsenSys 2025 event will bring global recognition. ConsenSys serves as a global stage for crypto innovations. This year, a keynote from Pi Network’s founder could provide deep insights into Pi’s transition to open source and its decentralization roadmap.

The growing buzz before ConsenSys talk adds momentum to the Pi Coin rally above $1, hinting at the next big move crossing the $3 milestone.

Further supporting this uptrend and bullish sentiment is the core team’s move to close the central node ahead of the source code release. This signifies a crucial step toward complete decentralization, empowering the community to take ownership of the network.

Now, as the project appears ready, both the mining and browser apps have received updates on the Google Play Store. These updates are presumed to bring an improved user interface and new backend features to support ecosystem functionalities. Additionally, a groundwork is possible for the mainnet migration.

With the latest updates, the sentiment of the Pi miners and community members is extremely bullish. Many members speculate on smart contract functionalities, dApps, or a full mainnet rollout in the upcoming announcement.

Moreover, the Pi Network team is dropping new developments right before its ecosystem announcement. The Pi core team has shut down its central node ahead of the source code release. It is a major decentralization milestone for the Pi Network, reflecting trust in the distributed community-run network nodes.

With the source code release, Pi will become open source. This will enable developers and node operators to inspect, contribute, and innovate on Pi’s codebase.

The core team members are also contributors to the open-source community and have developed several crypto projects. The project’s founder, профессор Стэнли, is a renowned figure in the blockchain domain, having previously worked at Stanford University.