{"id":9588,"date":"2025-06-17T12:37:55","date_gmt":"2025-06-17T11:37:55","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=9588"},"modified":"2025-06-17T12:37:56","modified_gmt":"2025-06-17T11:37:56","slug":"is-pi-network-pi-facing-a-new-setback-that-could-harm-its-future","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/is-pi-network-pi-facing-a-new-setback-that-could-harm-its-future\/","title":{"rendered":"Is Pi Network (PI) Facing a New Setback That Could Harm Its Future ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"update-on-pi-domain-auction-a-mixed-reaction\">Update on .PI Domain Auction : A Mixed Reaction<\/h2>\n\n\n\n<p>The Pi Network community has expressed disappointment with the recent <strong>update on the .pi domain auction<\/strong>. It has been seen as an <strong>insufficient technical solution<\/strong> to revitalize the project. While the standalone app offers enhanced features, the downtrend in Pi token prices has dampened pioneer enthusiasm. It has, in fact, <strong>plummeted by 60%<\/strong> over the past month.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The .pi Domains Auction continues to see strong engagement across the Pi ecosystem. Recent updates include a new statistics page showing domains with the most bids, highest price, and recent trending bids. <a href=\"https:\/\/t.co\/yD13KYexu7\">https:\/\/t.co\/yD13KYexu7<\/a><br><br>The Auction is also now a Pi app instead of being\u2026<\/p>&mdash; Pi Network (@PiCoreTeam) <a href=\"https:\/\/twitter.com\/PiCoreTeam\/status\/1934264643331162323?ref_src=twsrc%5Etfw\">June 15, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Data from Piscan shows that the .pi domain auction has seen <strong>limited participation<\/strong> since its launch over three months ago. Only <strong>3 million PI tokens<\/strong>, equivalent to <strong>$1.8 million<\/strong>, have been committed to the auctions. This figure is minuscule compared to Pi&#8217;s daily <a href=\"https:\/\/preprod.investx.fr\/en\/trading\/\">trading volume<\/a> exceeding $100 million, indicating a <strong>minimal impact<\/strong> on price dynamics or overall market activity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"pi-network-facing-internal-contradictions\">Pi Network Facing Internal Contradictions<\/h2>\n\n\n\n<p>The community fears that the focus on domain auctions may divert attention from <strong>more pressing issues<\/strong> affecting the network&#8217;s growth and adoption. Only six companies have completed the <strong>Know Your Business (KYB) verification<\/strong> process. Additionally, the network has failed to secure new listings on <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/exchange\/best-cryptocurrency-exchange\/\">cryptocurrency exchanges<\/a>. Furthermore, the $100 million <strong>Pi Network Ventures<\/strong> venture fund is yet to announce any investments, raising questions about the deployment strategy.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/06\/image-19-768x266-1.png\" alt=\"Pi network\" class=\"wp-image-121350\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\">Source: Piscan<\/p>\n\n\n\n<p>Overall, the Pi Network community eagerly anticipates more substantial developments to <strong>build trust<\/strong> and enhance the network&#8217;s growth potential. Addressing community concerns regarding the ecosystem and token utility is crucial to <strong>ensure broader and lasting adoption<\/strong> of Pi Network.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy PI on Bitget and get a bonus !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/xrp-price-surge-reasons-behind-rally\/\">Why is XRP Price Rising Today?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/justin-sun-trump-family-connection\/\">Is Justin Sun the Trump family\u2019s protege ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-price-crash-key-factors\/\">Why Bitcoin price might crash again : key factors to watch<br><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>As Pi Network struggles to establish itself in the crypto scene, a recent setback raises doubts. With disappointed expectations, technical glitches, and growing frustration among early adopters, is the PI ecosystem losing its patience? Dive into the aftermath of this key event and its revealing implications.<\/p>\n","protected":false},"author":38,"featured_media":9586,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"Pi Network","_yoast_wpseo_title":"Is Pi Network Failing ? Latest Updates and Challenges","_yoast_wpseo_metadesc":"Is the recent Pi Network event hindering its growth? Find out now as we analyze the current issues. Stay informed and stay ahead !","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-9588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is Pi Network Failing ? Latest Updates and Challenges<\/title>\n<meta name=\"description\" content=\"Is the recent Pi Network event hindering its growth? Find out now as we analyze the current issues. Stay informed and stay ahead !\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Pi Network Failing ? 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