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# Pi Network’s Anniversary News Causes a Plunge in Pi Coin’s Worth
On March 14, 2025, in conjunction with Pi Day, Pi Network presented three noteworthy platform improvements for its sixth-year celebration.
In spite of the release of news, its native Pi coin (PI) has decreased by 8% in the last 24 hours, while the market is also experiencing widespread selling tension.
As of the time of writing, PI is down about 3%.
According to statistics provider CoinGecko, the digital currency continues to experience price difficulties, dropping 20.1% in the previous week and 35.5% in the past two weeks.
Pi coin is presently trading between $1.43 and $1.59. This is considerably lower than the all-time high of $2.99 set on February 26. The coin is presently down 51.8% from its high point.
### Pi Network Shares Ecosystem Enhancements Amidst Negative Sentiment
Regardless of the negative price activity, Pi Network shared numerous ecosystem enhancements in accordance with its anniversary and global “PiFest” occasions. The most significant addition is the new .pi domain name auction system. The system is created to produce platform-level utility for Pi coins while developing the required infrastructure for the network ecosystem.
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“Happy Pi Day 2025, the sixth official anniversary of Pi Network! With the launch of the Open Network, celebrate the growth and real-world functionality of the Pi Network ecosystem at all levels,” the project revealed on X.
March 14 is Pi Day, established to commemorate the ratio of a circle’s perimeter to its diameter, which is roughly 3.14159.
The .pi domain name feature will enable community members to acquire custom domain names for businesses, brands, shops, applications, and personal use within the Pi ecosystem. This development follows the recent launch of the Open Network, which enables external connections for the previously closed ecosystem.
Other releases include an enhanced Mainnet ecosystem interface and a growth of Mainnet ecosystem applications.
The platform also commenced the PiFest purchasing extravaganza.
Pi Network surfaced in 2019 as a cellular application where individuals can “excavate” Pi by registering daily, dissimilar to conventional energy-intensive mining. This accessibility-centered approach has drawn in a lot of individuals internationally.
While Pi is presently under its record high, it is still well over the record low of $0.6157 established on February 20, 2025. The token has surged 133.9% since the low. The commencement of Pi Network features harmonized with a sustained price decrease, a typical instance of development advancement and market performance uncoupling in cryptocurrency ventures.
