Although it wasn’t the busiest and most eventful month in its history, the past 30 days have still shown some new developments, features, and updates around the broader Pi Network ecosystem.

As usual, though, it wasn’t without some controversy. Let’s dive in.

Late June, Early July

Pi2Day

The second most important day of the year for Pi Network and its vast community is June 28, known within their space as Pi2Day. It usually comes with significant hype about potential token listings or the announcement of new major updates and developments.

The 2026 edition didn’t bring a listing on a big exchange. Instead, the Core Team unveiled one of the most important updates to date for the Pi App Studio. They introduced PiVerify, Pi Sign-In, and SoloHost – tools designed to make it easier for developers to build applications and for users to access them using their Pi identities.

Pi App Studio Backend Upgrade

About a week after the conclusion of Pi2Day, the team expanded the capabilities of the Pi App Studio. The platform now supports persistent storage and improved backend infrastructure, allowing devs to create more sophisticated apps that can securely store user data and operate more reliably.

Although this was not the flashiest of upgrades, it still represents an important step toward making the broader Pi Network ecosystem capable of hosting more advanced, production-ready apps.

Mid- / Late- July

V25 Deadline

The team behind the project announced a new deadline for completing the next Mainnet migration requirements. Eligible validators were reminded to upgrade to the necessary new version by July 22, when the protocol update v25 was supposed to be introduced.

Although the deadline has now passed, there has been no official update from the team that the migration was successfully deployed. It’s worth noting, though, that their confirmations have been slacking in the past few months, and missing the deadline now doesn’t necessarily mean that the upgrade was not completed.

Pi Browser Refreshed Look

Later in July, the team rolled out a redesigned Pi Browser look with a cleaner interface and improved navigation. The changes make it easier for Pioneers to discover ecosystem applications while giving developers better visibility for their projects.

The team said the most significant improvements are for the overall user experience, but added that the redesign is still aimed at making the ecosystem more accessible as the number of available apps continues to grow.

SLICE Token

Just yesterday, the Core Team said they had completed the distribution of the new Testnet token called Slice to nearly 480,000 participants for Pi Launchpad testing. Pioneers can now explore token allocations, liquidity pools, pricing data, and other Launchpad features inside the Pi Browser.

The team emphasized that SLICE remains a Testnet token intended to help developers and the community prepare for future Mainnet token launches.

Controversy

Scam Activity Detected

The first portion of the controversy section will be dedicated to a reported suspicious activity from one Pioneer. According to data shared on X, a user noted that after waiting for a while to have their PI tokens unlocked, they were not available in the Pi Wallet.

Instead, they found countless failed transaction attempts, which highlighted the growing threat of phishing scams targeting wallet passphrases.

PI Token Dump

Despite all the updates and developments listed above, the project’s native token had its worst month to date. It broke below the $0.10 support level a few weeks ago and charted consecutive all-time lows, with the latest coming on July 14 at just over $0.07.

It managed to rebound in the following days and even challenged $0.10 last Sunday, only to be rejected once again. The subsequent retracement pushed it south hard, and the token is currently fighting to stay above $0.08. PI remains down by over 97% since its all-time high at $2.99, marked last February.

Source: CryptoPotato