Pi Network Eyes Big Moves at Consensus 2025 Amid New App Approvals and Price Struggles

Pi-network (PI)

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The Pi Network community is buzzing with anticipation as Consensus 2025 approaches, fueled by a recent significant development. The Pi Core Team (PCT) has officially greenlit Fruity Pi, a decentralized application (DApp), signaling potential acceleration in DApp and KYB (Know Your Business) approvals across the Pi ecosystem. This move, highlighted by community member DR Altcoin, comes at a crucial time, raising questions about Pi Network’s potential impact at the upcoming global crypto event in Toronto.

Fruity Pi: More Than Just a Game

Fruity Pi, a simple yet engaging puzzle game where players match fruits for rewards, has earned the coveted purple check mark from the Pi Core Team, signifying its official approval and verification within the Pi Network. Beyond entertainment, Fruity Pi integrates the Pi wallet, allowing users to spend their Pi tokens directly within the game. This marks a significant step towards establishing real-world utility for the Pi Coin, a key milestone for the project.

Could Fruity Pi Unlock Faster Approvals?

The approval of Fruity Pi is generating optimism that it could be the harbinger of faster DApp approvals and progress in the long-awaited KYB processes. KYB verification is essential for businesses aiming to offer legitimate services on the Pi Network. Many developers have been awaiting these approvals for months, and a potential acceleration could pave the way for a more vibrant and functional Pi ecosystem. The timing of this development, just weeks before Consensus 2025, has led many to speculate that the Pi Core Team is preparing to showcase tangible progress to the broader cryptocurrency community.

Also Read: Pi Network Price Faces 40% Drop as Key Exchanges Snub Listing — What’s Next for Pi Coin?

Exchange Listings Remain a Hurdle for Pi Coin

Despite the positive momentum surrounding DApp development, Pi Network continues to face challenges with cryptocurrency exchange listings. Following its mainnet launch in February 2025, Pi Coin briefly appeared on HTX but was subsequently delisted. More recently, crypto payment service Banxa ceased support for Pi Coin.

BitMart, a platform that previously supported Pi, has also paused trading for over a month, citing the need for KYB approvals before proceeding with a planned token swap. Notably, major exchanges like Binance and Coinbase have yet to express interest in listing Pi Coin. Currently trading around $0.65, Pi Coin is experiencing bearish sentiment despite a generally positive crypto market, with its price confined within a narrow range and its Relative Strength Index indicating downward pressure.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.