Pi Network's Pi Coin has experienced a sharp price decline of over 40% since its mainnet CEX listing on March 13, currently trading around $0.17, primarily due to limited incremental capital inflow and increased selling pressure. Despite ongoing technical upgrades, market focus remains on practical application implementation rather than short-term price volatility.

On March 17, in the cryptocurrency market, Zcash (ZEC) showed the largest gain with an increase of 14.40%, while Pi (PI) experienced the largest decline with a decrease of 8.65%. The overall market showed significant volatility.

Pi Network launched a new application feature called Pi Launchpad on its testnet on March 16, designed to help developers issue project tokens and integrate them with practical applications. The platform emphasizes "utility first," promoting healthy ecosystem development and allowing users to experience token issuance and DeFi functionality through the test environment. Launchpad employs a liquidity pool mechanism to provide baseline liquidity, with the overall update aimed at attracting more developers and driving application implementation.

Gate News Report: On March 16th, according to Gate's market data, as of press time, PI (Pi) is trading at $0.20, up 2.24% in the last 24 hours, with a high of $0.27 and a low of $0.19. The current market cap is approximately $1.955 billion. Pi Network is a digital currency platform that enables mining through mobile applications, utilizing breakthrough technology that allows users to mine Pi on their phones without draining battery. The network is characterized by decentralization, mobile-first design, and user-friendly features, dedicated to providing secure and unforgeable digital currency while avoiding the massive power consumption associated with traditional mining. Pi Network ensures network security through an invitation system, allowing users to download the official mobile app to join mining. Recent Important News for PI: 1️⃣ *

As of March 13, Pi Coin is trading at $0.29, up 33.12% over the past 24 hours, with a market capitalization reaching $2.796 billion. Key drivers include increased liquidity from new listing events and expectations of technical upgrades ahead of the upcoming Pi Day. Despite the recent significant gains, investors should remain vigilant of profit-taking risks.

On March 12, among the top 100 cryptocurrencies by market cap, River (RIVER) had the highest gain at +22.15%; Midnight (NIGHT) had the largest decline at -8.18%. Additionally, tokens such as Pi, Sky, Bittensor, and Render also showed varied gains.

This article summarizes cryptocurrency news for March 12, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price predictions. Today's major Web3 events include: 1. Ripple announces $750 million XRP buyback plan; can token price break through the consolidation range? 2. Mainstream CEX launches Pi coin countdown, bullish sentiment rises ahead of Pi Day; 3. Wall Street giants bet on prediction markets: open interest reaches new high of $1.2 billion, while U.S. Congress prepares regulatory action.

Pi Network community receives positive news with mainstream exchanges listing Pi coin on March 13, with market attention surging dramatically. Technical analysis shows PI/USDT in an uptrend with strong buying pressure, though short-term pullback risks warrant attention. This event could drive Pi coin to break through current price levels and form a new wave of upward momentum.

Gate News Report, March 11 — According to Gate Market Data, as of press time, PI (Pi) is trading at $0.23, up 7.62% in the past 24 hours, with a high of $0.24 and a low of $0.17. The current market capitalization is approximately $2.248 billion, an increase of $159 million from yesterday. Pi Network is a blockchain community and developer platform dedicated to enabling users to mine Pi tokens easily on their phones through innovative technology. Centered around its groundbreaking technology, the network allows mining via mobile apps without consuming大量电力, making it the first digital currency that can be mined on a mobile device. Pi Network emphasizes decentralization, mobile-first design, and environmental friendliness, aiming to involve more users in the cryptocurrency ecosystem. ##

Pi Network announces that rewards will be distributed to KYC verifiers by the end of March 2026. These volunteers are responsible for verifying user identities to ensure network security. Currently, 17 million users have completed identity verification. Project updates include node upgrades and the possible launch of decentralized trading features, aiming to promote network development. The user base has already exceeded 50 million.