## Pi Network introduces a developer tool, but PI price remains unchanged
**What is Pi Network?** Pi is a blockchain and digital ecosystem aimed at popularizing cryptocurrencies through accessible tools for everyone. Its native token PI serves as a medium of exchange within the network.
### New library shortens payment implementation to 10 minutes
Pi Network has just released a new developer library that radically simplifies the process of integrating PI-based payments into mobile applications. Instead of lengthy configuration procedures, developers can now enable full payment functionality in just ten minutes.
A key innovation is the combination of the Pi SDK and backend APIs into a unified structure. This approach eliminates unnecessary technical complexity and allows developers to focus on creating real value for users, rather than struggling with infrastructure integration.
The new library supports the most popular web technologies, significantly lowering entry barriers for the developer community. On the frontend side, JavaScript and React are supported, while the backend supports Next.js and Ruby on Rails. This versatility means that both new projects and existing Pi applications can quickly add transaction features without rewriting code.
This initiative represents another step in Pi’s long-term strategy – transforming from a simple token mining app into a full-fledged financial ecosystem where transactions and practical applications are at the core of daily use.
### PI price does not reflect technological progress
Despite the groundbreaking significance of the new developer tools, PI Coin does not show corresponding price dynamics. The token is currently valued at $0.19, which already represents a satisfying decline of over 88% from its historical highs. This discrepancy between technological progress and market condition indicates investor skepticism regarding actual adoption and utility of the network.
### Supply pressure from large token unlocks
January brings additional challenges for the PI price – approximately 95 million tokens, estimated at around $19.88 million, are set to be released and enter circulation. Although this is about 22% less than the predicted release in February (132 million tokens), the scale of this event remains noticeable and exerts significant supply pressure on the market. As new tokens enter circulation, the balance between demand and supply may further limit the potential for price growth.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
## Pi Network introduces a developer tool, but PI price remains unchanged
**What is Pi Network?** Pi is a blockchain and digital ecosystem aimed at popularizing cryptocurrencies through accessible tools for everyone. Its native token PI serves as a medium of exchange within the network.
### New library shortens payment implementation to 10 minutes
Pi Network has just released a new developer library that radically simplifies the process of integrating PI-based payments into mobile applications. Instead of lengthy configuration procedures, developers can now enable full payment functionality in just ten minutes.
A key innovation is the combination of the Pi SDK and backend APIs into a unified structure. This approach eliminates unnecessary technical complexity and allows developers to focus on creating real value for users, rather than struggling with infrastructure integration.
### Wide compatibility accelerates ecosystem adoption
The new library supports the most popular web technologies, significantly lowering entry barriers for the developer community. On the frontend side, JavaScript and React are supported, while the backend supports Next.js and Ruby on Rails. This versatility means that both new projects and existing Pi applications can quickly add transaction features without rewriting code.
This initiative represents another step in Pi’s long-term strategy – transforming from a simple token mining app into a full-fledged financial ecosystem where transactions and practical applications are at the core of daily use.
### PI price does not reflect technological progress
Despite the groundbreaking significance of the new developer tools, PI Coin does not show corresponding price dynamics. The token is currently valued at $0.19, which already represents a satisfying decline of over 88% from its historical highs. This discrepancy between technological progress and market condition indicates investor skepticism regarding actual adoption and utility of the network.
### Supply pressure from large token unlocks
January brings additional challenges for the PI price – approximately 95 million tokens, estimated at around $19.88 million, are set to be released and enter circulation. Although this is about 22% less than the predicted release in February (132 million tokens), the scale of this event remains noticeable and exerts significant supply pressure on the market. As new tokens enter circulation, the balance between demand and supply may further limit the potential for price growth.