Pi Network Invests $100 Million in dApp Development

Pi Network has launched a $100 million fund to accelerate the development of decentralized applications (dApps). This initiative, announced alongside a major token release on May 31, 2025, aims to boost Pi Network’s ecosystem and address developer activity. 然而, market reactions have been mixed with price volatility and community skepticism persisting about the impact of these initiatives. The fund will support dApp development, but some members remain concerned about the lack of new exchange listings, fueling speculation about insider trading.