Pi NetworkWhile discussions continue in , ecosystem data shows that momentum has been gained again. According to Pi News, one of the major channels focusing on the project in X, the number of live applications has exceeded 210. The number of projects prepared for the main network exceeded 21,000. The developer pace, which accelerated with the hackathon at the end of August, became more visible as the October 15 deadline approached. The team highlighted the most used new applications in the interim evaluation published in September.
How Did Hackathon Grow the Ecosystem?
The network spent more than five years in preparation before making its official debut at the beginning of this year. The accumulated community interest attracted intense attention in the first place after the launch. Although progress seemed to slow in the months that followed, the hackathon started a new cycle by pushing developers to build usable products on the mainnet. Pi NewsThe application stock pointed out by creates a base that will diversify the user experience across the network.
The organization increased the prize pool to 160,000 units. PI coin determined as. 75,000 PIs were allocated for first place, 45,000 PIs for second place, and 15,000 PIs for third place. Additionally, 5,000 PI “Honorable Mention” awards will be given to a maximum of five teams. The schedule is clear with a start at the end of August and a finish line of October 15, 2025. The midway evaluation shared in mid-September made it visible which usage areas the participants were oriented towards.
Pressure on the Price Front
As usage metrics recover P.I. The coin’s price remains weak. The altcoin, which fell to $ 0.1721 during the large-scale sales wave on Friday night, is trading just above the $ 0.20 threshold at the time of writing. The loss in value from the peak reached at $2.99 at the end of February exceeded 94 percent. Market sentiment remains fragile due to volatility in volume and liquidity conditions.
Although artificial intelligence-based projections do not paint an optimistic picture in the short term, the fact that lock openings will ease in the coming weeks stands out as a factor that can reduce sales pressure in the short term. The number of developers, live application pool, and incentive structure of the hackathon tell a different story on the basic usage side. The impact of the products that will emerge in the final phase on the main network traffic will be a critical indicator for network health, regardless of price behavior.
