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#PI# The crypto focus has shifted to Pi Network as tension rises around the anticipated ecosystem update today.
Pi Coin is holding above $1.19, as traders closely monitor for signs of a breakout that could send it soaring to $3.
Optimism is fueled by the planned participation of the project's founder at ConsenSys 2025, a high-profile event in the blockchain space that often sets the tone for broader industry trends. Community members speculate that the presentation may reveal the long-awaited roadmap of Pi Network towards decentralization and open source.
Before the announcement, Pi-related applications quietly received updates in the Google Play Store, improving the user interface and potentially laying the technical foundations for a transition to a larger network. Meanwhile, the core team made a remarkable move by deactivating the central node, which many consider to be the last step before the project's transition to open source.
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From a technical perspective, Pi Coin recently registered a growth of nearly 190% before experiencing a slight decline. Despite the retreat, momentum indicators suggest that the rally may not be over. A bounce above $1.67 could revive the upward trend, while any drop below $1 could expose the asset to sharper corrections.
As the launch of developer tools approaches, the emergence of a more decentralized structure, and the reaching of new heights in community enthusiasm, Pi Network is nearing a pivotal moment that could redefine its future and test how far this coin can go.