Will Pi2Day Spark a Pi Network Price Rally Amid Market Decline?
The post Will Pi2Day Spark a Pi Network Price Rally Amid Market Decline? appeared on BitcoinEthereumNews.com.
With less than a week until Pi Network’s highly anticipated Pi2Day, the project’s community, known as Pioneers, eagerly awaits major announcements. Many are even speculating that the event could trigger a significant price surge. However, escalating geopolitical tensions may cast a pall over expectations. Over the past week, the global cryptocurrency market has experienced a 7.0% decline, with Pi Coin (PI) seeing a drop more than twice as steep, fueling concerns about the token’s potential price movement. Pi2Day is an annual event celebrated on June 28. It is focused on Pi Network’s achievements and new developments and reflects double the symbolic value of Pi Day (3.14). This day has generated notable excitement among the community. Google Trends data showed that the search interest for ‘Pi2Day’ peaked at 100 on June 21, highlighting strong user interest. The surge is fueled by speculation about potential major announcements, including exchange listings and new app launches. Pi2day Search Interest. Source: Google Trends BeInCrypto reported that ahead of the Pi2Day, the team released a Know Your Customer (KYC) synchronization feature. This fixes the long-standing KYC issues users faced, which caused significant backlash for the project in the past. Moreover, the Pi Core Team has also hinted at another major development. In a recent post on X, they posed a question: “How is GenAI related to Pi Network? Why did one of two Pi Founders, Nicolas Kokkalis, participate in a GenAI panel at Consensus 2025? Answer on Pi2Day (6.28.2025),” the post read. These hints have led some Pioneers to expect developments tied to artificial intelligence integration or enhanced blockchain utility. A user also theorized that generative AI could improve Pi Network by optimizing mining efficiency, personalizing user experiences, enabling advanced dApps, and boosting security through real-time threat detection. “The fact that Nicolas Kokkalis joined a GenAI…