PI (Pi Coin) down 1.33% in 24 hours, market cap approximately $1.726 billion

Gate News Bot Message, January 13th, according to CoinMarketCap data, as of press time, PI (Pi Coin) is currently trading at $0.21, down 1.33% in the past 24 hours, with a current market capitalization of approximately $1.726 billion.

Pi Coin is the first digital currency that can be mined on a mobile phone, utilizing groundbreaking technology to achieve mining on mobile devices without draining the battery. Pi Network aims to make cryptocurrency mining simple and accessible. The project features decentralization, mobile-first design, and environmental friendliness. Users can participate in mining through a free mobile app, requiring only an invitation from existing trusted members within the network to join.

Recent Important News about Pi Coin:

1️⃣ Developer Tool Library Optimization Accelerates Application Ecosystem Integration Pi Network has released a brand-new developer library that enables developers to integrate Pi payment functionality into their apps within 10 minutes. The library combines the Pi SDK with backend APIs into a single streamlined process, significantly reducing the time needed to add payment features to applications. The new library supports JavaScript, React frontend technologies, as well as Next.js and Ruby on Rails backend frameworks. This initiative aims to lower the development barrier, allowing developers to focus more on product innovation and promote the development of a practical Pi ecosystem. Improved development tools help increase the number of applications and user engagement.

2️⃣ Grassroots Users Engage in Barter Verification, Community-Driven Adoption Mode Gradually Established By 2026, the Pi Network community demonstrates a development path different from traditional crypto projects. Pioneer users and local merchants in various regions have begun experimenting with Pi for peer-to-peer barter exchanges, including snacks, household items, and daily necessities. These transactions are completed directly through Pi wallets, without relying on fiat currency, showcasing the real circulation potential of digital assets in grassroots economies. This phenomenon stems from trust built within the community rather than price fluctuations or market sentiment. Local merchants accept payments via QR codes, and users complete transfers using their wallets, forming a simple yet replicable transaction loop. Every successful barter reinforces Pi’s viability as an exchange medium. This “use first” approach shifts participants’ focus toward practical convenience rather than short-term price performance. Community-driven adoption provides a different development logic for Pi Network, gradually validating the network’s practicality through micro-transactions in real life, laying a foundation for future ecosystem expansion.

3️⃣ 2026 Roadmap Clarified, DEX Launch and Application Ecosystem Shift Toward Long-Term Expectations Pi Network is preparing for a key expansion phase in 2026, transitioning from the long-term “mobile mining narrative” to a more practical phase centered on trading, applications, and payments. Since the mainnet officially launched in February 2025, over 15 million users have completed KYC verification. The v23 protocol upgrade introduces support for Rust smart contracts for the first time, providing technical support for trading, financial tools, and complex applications. One of the most anticipated updates in 2026 is the launch of Pi DEX, a decentralized exchange module that will allow users to conduct peer-to-peer transactions within the Pi ecosystem without relying on external intermediaries. This change is seen as a crucial step toward Pi Network building a complete economic system. The v23 protocol further enhances network performance and prepares the underlying architecture. As mining gradually recedes into the background and trading and application capabilities come to the forefront, the Pi Network in 2026 is transitioning from a conceptual project to a practical, usage-oriented digital economy system.

This message is not investment advice. Investors should be aware of market volatility risks.