Pi Network recently implemented a significant buyback initiative, purchasing 48.5 million Pi Coins for approximately $31 million, to counter potential price volatility after the recent token unlock event. The team’s strategy involved creating a dedicated sub-wallet for these purchases, effectively shielding the ecosystem from market drops. Dr. Nicolas Kokkalis and Chengdiao Fan, leaders of the Pi Network Core Team, drove this initiative, reflecting their dedication to long-term success and fostering trust within the community. This action was followed by a significant boost in market confidence. The buyback is strategically timed ahead of the upcoming Consensus 2025 conference in Toronto. Pi Network’s commitment to expanding DApp integration will contribute to further bolstering its market presence and utility, while creating potential for future market growth.