The Pi news for today is mixed, as there are both positive and negative developments.

The positive event, which can help to enhance the community sentiment and increase the Pi price, is related to the DApp development.

There are both positive and negative developments that could affect the community sentiment and the Pi price action. For instance, a new DApp will be available on the Pi platform, which can help to boost the Pi coin utility and usage. However, there are still problems with the migration process and the Pi airdrop that investors are reacting negatively to.

How Could the Fruity DApp Boost Pi Coin’s Utility?

One of the recognized voices in the Pi community, Dr Altcoin, has commented on the new development regarding the approval of a DApp. This new application is called Fruity, and based on Dr. Altcoin’s prediction, the Pi team will approve more DApps soon. Fruity is a puzzle game where players match the Fruits to progress. As of now, this program has gotten the purple checkmark from the Pi network. This means that it has been tested and verified by the Pi team and is safe for the Pi users.

There is also an option to connect your Pi wallet to this application. This will allow users to use Pi coins in the game to purchase what they want. Because of this capability, Fruity represents more than just a game; it is a new utility case for the Pi token. This is exactly why Dr Altcoin believes that this application is the start of the next big Pi movement. Based on his perspective, this will mark the first in a wave of new and varied DApp apps that all use Pi and inverse utility.

Why Are Investors Uncertain About the Pi Migration Timeline?

If there were really a new wave of application realization, the KYB process would also need to be operational. This is because more serious applications and financial apps will need the KYB system for regulation compliance. So, Dr Altcoin believes that the release of this DApp is also a sign that the KYB system will be ready soon. This announcement is also close to the Consensus 2025, which Pi Network is attending. This is why there have been speculations that there will be exciting reveals regarding DApps and KYB progress.

Recently, the Pi team presented a roadmap of the migration process in an effort to increase transparency and address community concerns. This release, however, has had the opposite effect, as it failed to mention the number of Pi users in the queue. In addition, the roadmap also failed to mention the daily migration capacity. So, investors still don’t have any projection about the approximate timing of their migration. Other problems mentioned are the unclear criteria for node rewards and the faulty UI understating the mined taken count. If the developer teams want to enhance the Pi price trajectory, such concerns should be addressed.

Is Pi Coin Stuck in a Prolonged Consolidation Phase?

Currently, the Pi price action shows the continuation of the consolidation phase, which has been going on for some days. This tight horizontal movement started when the Pi network price fell from its recent surge to nearly $0.73. This drop in value pushed the Pi coin down to its current level, hovering around $0.65. There is no clear indication of a bullish or bearish momentum. The RSI for Pi also points toward a lack of momentum, and it is near 50 points. This is the neutral zone where the Relative Strength Index shows the lack of price movement.

As per the PI/USD daily chart, the ADX indicator for this currency is also on the neutral side. This is because this indicator is now under the 20 threshold and shows a weak trend. With this result, this metric also supports a current Pi price consolidation trend as the Pi network price action cools off. To see a bullish or bearish movement, the ADX needs to go above 20 again.

Pi at Consensus 2025: Can Positive News Overcome Fears?

With the upcoming attendance of Pi Network at the Consensus 2025 event, there could be exciting Pi news announcements. With that said, the Pi price might not show a good reaction even if the news is bullish. As mentioned before, addressing the community concerns is very important. A bad market sentiment could stop the Pi network price from rising and lead to further declines.