Is A 900% Rally To $2.98 ATH Possible As Pi Network Announces New DeFi Updates?

The Pi Network (PI) community is heating up after a major announcement revealed that new Decentralized Finance (DeFi) features are now live on the ￰0￱ the cryptocurrency currently trading around $0.26 after crashing severely in the past few months, the report of new upgrades raises the question of whether these developments could trigger a strong enough comeback to spark a 900% rally back to $2.98. Could Pi Network’s New DeFi Upgrades Spark A Rally? Pi Network’s price faced a devastating correction over the course of eight months, plunging from its February peak of $2.98 to just around $0.26 ￰1￱ decline erased more than $18 billion in value in just six months, sparking rugpull accusations as heavy sell-offs from whales and rapidly shifting sentiment drove the market into a downward ￰2￱ Reading: Pi Network Price Crashes 88% Since Launch, New Developments Say Further Decline Is Coming At current levels, the cryptocurrency would need a near tenfold rally to revisit its all-time ￰3￱ a rebound is theoretically possible in crypto markets, where significant developments often drive exponential gains.

However, with the PI price down more than 85% from peak levels, a surge of that scale remains ￰4￱ its decline, optimism has resurfaced following Pi Network’s latest ecosystem updates, which could signal a shift from speculation toward sustainable ￰5￱ to the Pi Core Team on X social media, the launch of the Pi DEX, AMM liquidity pools, and token creation tools on Testnet marks the beginning of the cryptocurrency’s new DeFi ￰6￱ tools allow Pioneers to swap tokens, provide liquidity, mint test tokens, and explore DeFi mechanics in a safe testing ￰7￱ team noted that the rollout is designed to educate and prepare the community for a full-scale Mainnet DeFi launch where real PI tokens could power transactions and ￰8￱ also stated that Pi Network’s vision is to fuel long-term, sustainable Web3 growth through its system designed for utility, apps, and real-world use ￰9￱ added that this vision of steady value appreciation is supported by PI’s infrastructure, KYC-verified global community, Pi wallet and ecosystem apps, .

pi Domains, Oi Ad Network, staking, and more. A Deeper Dive Into Pi Network’s DeFi Revolution Pi network’s DeFi expansion, unveiled by founder Dr Chengdiao Fan at the TOKEN2049 global conference in Singapore, represents a strategic pivot toward creating tangible value within its blockchain ￰10￱ to the network’s official blog post, the launch of the Pi DEX and AMM pool will enable the community to build their own DEX and AMM interfaces in a secure testing ￰11￱ team noted that this function remains restricted on the Mainnet at this time and is invalid for use or any other ￰12￱ Reading: Pi Network Price Crashes To All-Time Low After Latest Announcement — Details Token creation capabilities on the network will also enable developers to mint test tokens on Pi Testnet, simulating app-level economies, community reward systems, and service-based ￰13￱ the feature transitions to Mainnet, the blog post highlights that strict guidelines will ensure only utility-driven tokens, not empty incentive mechanisms such as meme coins, are ￰14￱ reduces speculative risks and encourages sustainable ￰15￱ image from Adobe Stock, chart from ￰16￱