Pi Network recently announced a $100 million initiative, called Pi Network Ventures, to invest in startups and businesses to enhance Pi's progress and adoption.
Kraken has started supporting PI perpetual futures trading with up to 20x leverage, expanding the trading options for the coin.
The number of PI tokens stored on exchanges peaked at almost 400 million, showing a recent decline as investors might be shifting away from centralized platforms.
Currently priced at around $0.78, PI has seen a 10% weekly decline and remains optimistic about potential price surges despite upcoming token unlocks that could affect prices negatively.