New Infrastructure Update to Unlock dApp and AI Potential
The Pi Network is quietly building momentum, bolstered by an infrastructure upgrade that could reshape its decentralized future.
Stellar’s upcoming core update, set to launch on September 3, introduces Web3-ready features that Pi Coin developers see as a major leap forward for the project’s utility.
At the center of this evolution is the Pi Node software, which is deeply integrated with Stellar Core. This connection plays a vital role in powering decentralized use cases such as .pi domain auctions and AI-driven dApps. With the upgrade, developers will have a stronger foundation to launch real-world applications, potentially enhancing the network’s long-term viability.
Fiat Onramp Goes Live Inside Pi Wallet
In another major step toward mainstream usability, Pi Network has integrated Onramper into its native wallet. This feature now enables users to purchase PI directly using fiat currencies such as USD or EUR, bypassing the need for third-party exchanges. The integration is facilitated through KYB-compliant providers like Onramp.money, Transfi, and Banxa, aiming to streamline access for Pi’s 70 million+ user base.
This move significantly lowers the entry barrier for newcomers, making it easier to acquire Pi without relying on centralized trading platforms. From an adoption standpoint, this is bullish – it encourages broader participation and could stabilize Pi’s economy by reducing reliance on volatile secondary markets.
Still, limitations remain. Regional restrictions and low liquidity on currently supported exchanges like Gate.io and OKX could mute the short-term price impact. But over time, this infrastructure could serve as a crucial bridge to real-world adoption and broader utility.
Trading at Historical Lows
Despite the technical buzz, Pi Coin is still hovering near its all-time low, currently priced at $0.3536. The asset has dropped 23.38% over the past month, reflecting ongoing market uncertainty and limited utility in its current phase. While some view this as a sign of weakness, others see it as a potential entry point for long-term upside if upcoming catalysts deliver results.
The 24-hour trading volume surged over 39% to $66.55 million. Its market cap stands at $2.75 billion, showing a 3% uptick in tandem with growing investor interest. Despite being down for the month, analysts are watching key resistance near $0.52. A decisive move above that level could open the door to targets between $0.75 and $1.00, according to crypto analyst Dr Altcoin.
As attention shifts from hype-based coins to utility-driven ecosystems, Pi’s integration with upgraded Stellar infrastructure could position it as a serious contender in the Web3 race – especially if developer activity and token utility continue to rise.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
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