Pi Network continues to face price pressure, with its token experiencing a significant decline despite recent developments boosting the project’s momentum. The latest updates for Pi App Studio aim to streamline app creation and foster further community engagement. Meanwhile, the Pi Hackathon 2025 encourages developers to create real-world applications that can enhance the PI ecosystem’s utility. However, the token’s price has been plummeting in recent months, with a notable drop of 43% from its peak this past February. This downward trend could be intensified by upcoming token unlocks, but the situation is not without positive indicators. Reduced token holdings on centralized exchanges and an improving RSI suggest potential price rebounds are possible.