Pi Network starts Q4 2025 trading at $0.2655, with a market cap of $2.19 billion and daily volume down to $30 million. The token has struggled through a steady decline despite multiple efforts to increase adoption earlier this year. While those steps failed to lift demand, the team remains active and has lined up new events for the coming quarter in an attempt to support Pi’s price and rebuild confidence in the market.
Pi Network Events to Watch in Q4 2025
Protocol Version 23 Upgrade
- In mid-September, Pi Network announced the upgrade to protocol version 22 to improve the network’s overall performance and security. This approach is a part of its gradual upgrade of Testnet1 and Testnet2 to version 23, which is most likely to take effect in Q4 2025.
- It will reduce manual errors by introducing fast-track KYC automation and data processing. As a result, it would increase the network’s overall reliability to boost its adoption rate and price.
Pi Hackathon 2025
- This hackathon event began in late August with its final submission scheduled for October 2025. This event encourages developers to build decentralized apps (dApps) on the Pi network to boost its real-world utility and adoption.
- This approach aims for a bullish market with a possible price surge driven by developer engagement and community developments. This can increase the demand for Pi by enhancing its practical uses and innovation.
TOKEN2049 Event in Singapore
- Pi team will join the TOKEN2049 conference in Singapore on October 1-2, 2025. The co-founder of Pi Network, Dr. Chengdiao Fan, will, in fact, deliver a speech at the event, exploring the practical utility of blockchain technology.
- This event can influence a positive result in Pi by increasing its visibility to foster new partnerships and providing a global stage to deliver its message. The broader audience will cause wider adoption, which will potentially drive its price.
.pi Domain Auction: Did it Help?
The .pi Domain Auction, initially set to close in June 2025, was extended to September 30, 2025, to get more users. It allowed developers to secure branded Web3 identifiers to boost their overall value and adoption in the long term. However, it did not make much difference in terms of adoption, and the coin hit its all-time low.
