Pi Network’s ecosystem saw several product updates, feature releases and deadline-related announcements over the past 30 days, even though the period was not among the most active in the project’s history.

The month also brought fresh controversy, including reported scam activity affecting a Pioneer’s wallet and continued weakness in the PI token, which recorded new all-time lows in July. Together, the updates and setbacks showed the project continuing to prioritize ecosystem tooling and user-facing infrastructure while community attention remained divided between development milestones, security concerns and token performance.

Late June and Early July

Pi2Day

June 28, known in the Pi Network community as Pi2Day, is widely treated by Pioneers as the second most important date of the year for the project. The event is often accompanied by speculation about major exchange listings, ecosystem upgrades or other significant announcements.

The 2026 edition did not include a listing on a major exchange. Instead, the Pi Network Core Team introduced what it described as one of the most important updates so far for Pi App Studio. The release included PiVerify, Pi Sign-In and SoloHost, a set of tools intended to help developers build applications more easily and allow users to access them through their Pi identities.

For Pi Network, these developer tools are central because the project’s long-term ecosystem depends not only on token availability but also on whether builders can create services that users can access inside the Pi environment. PiVerify and Pi Sign-In are aimed at identity-based access, while SoloHost is designed to simplify deployment for app creators.

Pi App Studio Backend Upgrade

Roughly a week after Pi2Day, the team expanded Pi App Studio’s capabilities with additional backend support. The platform now includes persistent storage and improved backend infrastructure, enabling developers to build more advanced applications that can store user data securely and operate with greater reliability.

While the upgrade was less visible than some user-facing releases, it marked another step toward allowing the broader Pi Network ecosystem to support more sophisticated and production-ready applications. Backend reliability and data storage are especially important for applications that need to preserve user activity, account history or app-specific records over time.

Mid- and Late July

V25 Deadline

The project team also announced a deadline tied to the next set of Mainnet migration requirements. Eligible validators were reminded that they needed to upgrade to the required new version by July 22, when protocol update v25 was expected to be introduced.

That deadline has now passed, but the team has not issued an official confirmation that the migration was successfully deployed. However, the project’s confirmations have been less frequent in recent months, and the absence of an update does not necessarily mean that the upgrade was not completed.

Pi Browser Redesign

Later in July, Pi Network rolled out a redesigned Pi Browser with a cleaner interface and improved navigation. The changes are intended to help Pioneers discover ecosystem applications more easily while giving developers more visibility for their projects.

According to the team, the most important improvements relate to the overall user experience. The redesign is also meant to make the ecosystem more accessible as the number of available applications continues to increase. In practice, the browser remains one of the main entry points for Pi users interacting with ecosystem apps, so navigation and app discovery are key parts of whether new tools can reach the wider community.

SLICE Testnet Token

The Core Team said yesterday that it had completed the distribution of Slice, a new Testnet token, to nearly 480,000 participants for Pi Launchpad testing. Pioneers can now use the Pi Browser to explore token allocations, liquidity pools, pricing data and other Launchpad-related features.

The team stressed that SLICE remains a Testnet token and is intended to help developers and the community prepare for future Mainnet token launches. Testnet assets are commonly used to trial features without representing live Mainnet value, which makes the distinction important for users testing Launchpad functions.

Controversy

Reported Scam Activity

Part of the controversy during the month centered on suspicious activity reported by a Pioneer. According to data shared on X, the user said they had waited for their PI tokens to unlock but later found that the tokens were not available in the Pi Wallet.

Instead, the user reportedly discovered numerous failed transaction attempts. The incident pointed to the continued threat of phishing scams aimed at stealing wallet passphrases from Pi Network users. Because wallet passphrases can grant access to funds, scam attempts targeting them remain a major user-security risk across crypto applications, including community-driven ecosystems such as Pi Network.

PI Token Decline

Despite the product updates and ecosystem developments, Pi Network’s native token recorded its weakest month so far. PI fell below the $0.10 support level a few weeks ago and then posted consecutive all-time lows, with the latest recorded on July 14 at just over $0.07.

The token recovered in the following days and challenged the $0.10 level last Sunday, but it was rejected again. The subsequent pullback pushed PI lower, and the token is currently attempting to stay above $0.08. PI remains down by more than 97% from its all-time high of $2.99, which was reached last February.