Pi Network introduces key features on Pi2Day

In the crypto market today, Pi Network (PI ) has once again become the center of attention after the highly anticipated Pi2Day celebration, where the team launched a series of new features. However, as is often seen in crypto events, the price of PI Coin has fallen—down over 3% in the past 24 hours, reflecting a classic case of "buy the rumor, sell the news." New feature introduced As part of the Pi2Day celebration, the Pi Core Team introduced two key features to promote adoption and utility on the Pi Network. Pi App Studio – This is an AI-supported platform that allows anyone to build Pi applications without writing a single line of code. It is designed to solve real-world problems by combining blockchain technology with the power of AI, reducing the barriers to application development on Pi. Ecosystem Directory Staking – A new layer of utility that allows both users and businesses to increase their application rankings in the Ecosystem interface by staking PI on the Mainnet blockchain. This creates new use cases for the tokens and encourages participation. In addition, Pi also announced some other important updates: Update version buttonIntegrate third-party onramp aggregatorExpand .pi domain auctionImprove Mainnet migration process What is the next step of PI Coin? While long-term fundamentals are strengthening, the short-term chart shows caution. On the 1-hour chart, PI is currently trading in a descending wedge pattern — a structure often associated with a bullish reversal. The price is holding above the support trendline near $0.52, which may act as a potential bounce area.

If PI can maintain this support level, we may see the price move back to the upper resistance level of the wedge, currently at around $0.57–$0.60. However, if the price breaks below the lower wedge boundary, this could invalidate the bullish trend and trigger the next fall to levels of $0.49 and $0.47.