Pi Network News Today: DApp Launch, KYB Progress Hint at Major Moves Before Consensus 2025

Pi Network Approves Fruity Pi DApp Ahead of Consensus 2025, Signalling Potential Ecosystem Expansion

​

As Consensus 2025 approaches, the Pi Network community is abuzz with anticipation following the Pi Core Team's (PCT) recent approval of Fruity Pi, a decentralised application (DApp) that integrates Pi Coin for in-game transactions. This development could mark a significant step towards broader utility for Pi Coin and potentially expedite the approval process for other DApps and Know Your Business (KYB) verifications within the ecosystem.​

Fruity Pi is a puzzle game where players match fruits to earn rewards. What distinguishes it is the ability for users to connect their Pi wallets, enabling them to spend Pi tokens directly within the game. The PCT's endorsement grants Fruity Pi a purple check mark, signifying its verified status within the Pi Network ecosystem.​

Community member DR Altcoin suggests that this approval might herald a wave of new DApp approvals and a more streamlined KYB process. KYB is essential for businesses aiming to offer services on Pi Network, and many developers have faced delays awaiting approval. An acceleration in this process could pave the way for more applications and services to launch on the platform.​

The timing of Fruity Pi's approval is noteworthy, coming just weeks before Consensus 2025, a major event in the blockchain and cryptocurrency industry. Speculation is rife that the Pi Core Team may use this platform to showcase the network's progress and potentially announce further developments.​

Despite these advancements, Pi Coin faces challenges regarding exchange listings. Following its mainnet launch in February 2025, Pi Coin was briefly listed on HTX but was subsequently removed. Banxa, a crypto payment service, has also ceased support for Pi Coin. BitMart, which previously supported Pi, has paused trading for over a month, pending KYB approvals necessary for a planned 1:1 Pi token swap. Major exchanges like Binance and Coinbase have yet to list Pi Coin, and there is no official timeline for such listings.​

Currently, Pi Coin is trading at approximately $0.65, maintaining a tight range between $0.60 and $0.68 over the past two weeks. While there has been a slight price increase in the last 24 hours, the Relative Strength Index (RSI) has dropped below 50, indicating ongoing bearish sentiment.​

The approval of Fruity Pi represents a tangible step towards real-world utility for Pi Coin. As the Pi Network continues to develop its ecosystem and with Consensus 2025 on the horizon, the community remains hopeful for further progress and broader recognition within the cryptocurrency landscape.​

Frequently Asked Questions

Can I earn and spend Pi tokens in Fruity Pi?

Yes, Fruity Pi allows players to link their Pi wallets, earn rewards, and spend Pi tokens within the game.​

What announcements can we expect from Pi Network at Consensus 2025?

While there is no official confirmation, the Pi Core Team may reveal new DApp approvals, KYB updates, and ecosystem progress during the event.​

When will Pi Coin be listed on major exchanges like Binance or Coinbase?

There is currently no official timeline. Exchange listings likely depend on KYB approvals and the Pi Network's readiness.​

Is it a good time to buy Pi Coin?

Pi Coin is still in early development with limited exchange access. Potential investors should monitor updates and developments within the Pi Network ecosystem before making investment decisions.

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

 Check out other news and articles on Google News

Disclaimer:

The articles published on hokanews are intended to provide up-to-date information on various topics, including cryptocurrency and technology news. The content on our site is not intended as an invitation to buy, sell, or invest in any assets. We encourage readers to conduct their own research and evaluation before making any investment or financial decisions.

hokanews is not responsible for any losses or damages that may arise from the use of information provided on this site. Investment decisions should be based on thorough research and advice from qualified financial advisors. Information on HokaNews may change without notice, and we do not guarantee the accuracy or completeness of the content published.