Important updates for all PI network development, users and investors: Internal details

tl; dr

• June 28, known as PI2Day in the PI network community, left unexplored at first, as it brought a massive amount of major ecosystem updates and attention was paid to PI APP Studio.
• The core team posted a video yesterday explaining some of the things that may have stayed under the radar.

PI App Studio is one attempt to achieve a vision shared by many technicians. It’s a world where you can create and run apps using human language rather than code, without the need for technical background. Read the complete PI2DAY blog and see https://t.co/rmc0mpu9tt

– PI Network (@picoreteam) June 29, 2025

New node version

Beyond the launch of Pi App Studio, which aims to bridge the two worlds of AI and PI networks, the core team has decided to repeat what the latest version of the nodes that have arrived after PI2Day.

The video explained that the key update for version 0.5.2, released on June 28, includes a change to the PI node to the PI desktop. It was soon followed by 0.5.3, fixing some bugs and including certain utilities such as PI nodes, PI mining apps, and PI app studios mentioned above.

According to the team, the change was necessary to make the app more accurate and easy to use, and open up to future integrations on a variety of devices, such as mobile and desktop. Pioneers (users, developers, and everyone in the PI network ecosystem) are encouraged to download the new PI desktop version and “taking advantage of these additions.”

The video repeated that users running PI nodes continue to receive mining rewards when they run the nodes to aid in protocol security, decentralization, and lifespan.

PI price update

Despite these updates, new version releases, and innovative product launches, PI Network’s native tokens continue to struggle. In fact, even the overall market revival over the past few days has not actually driven a noticeable price surge in PI.

In an era when BTC charted new all-time highs, Pi has fallen by more than 4% in the past day when Altcoins, such as XLM, XRP and hype, are recording double-digit profits. That rally stopped shortly from under $0.45 to over $0.52, and assets were pushed south to under $0.47, essentially the same level as last week.

According to certain users, this sluggish price performance is due to several factors, including low liquidity, concerns about centralization, poor investor reliability, and unlocking tokens.