Pi Network Expands Ecosystem with New dApps and Enhanced Account Recovery Amid Kraken Futures Listing
Integration of New dApps into the Pi Ecosystem
In a recent blog post dated May 23, 2025, the Pi Core Team unveiled the addition of five new community-developed applications to the Pi Network's Mainnet Ecosystem Interface. These applications include a classic snake game, e-commerce platforms, and tools providing on-chain data about the Pi token. Each app underwent rigorous evaluation to ensure quality, functionality, utility, and compliance with the network's stringent ecosystem policies.
The integration of these dApps aims to enhance user engagement and demonstrate the network's commitment to fostering a diverse and functional ecosystem. By providing practical use cases, the Pi Network encourages developers to contribute innovative solutions, thereby enriching the platform's utility and appeal.
Enhanced Account Recovery Mechanism
Addressing user accessibility and security, the Pi Network has introduced a new account recovery flow. Users who have registered a trusted email address can now receive password reset links via email, supplementing existing recovery methods. This enhancement simplifies the recovery process, particularly in regions with limited telecommunications infrastructure, ensuring users maintain uninterrupted access to their accounts.
The improved recovery system underscores the network's dedication to user-centric development, aiming to reduce barriers to participation and enhance overall user experience.
Kraken Lists Pi Coin Perpetual Futures
In a significant development for the Pi Network, cryptocurrency exchange Kraken has listed Pi Coin (PI) perpetual futures on its platform. Announced on May 23, 2025, this listing allows traders to engage in long or short positions with up to 20x leverage. The contracts are available on Kraken Pro, supporting over 360 markets and accepting more than 40 different collateral options.
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| Source: CounMarketCap |
Perpetual futures differ from traditional futures contracts in that they have no expiration date, enabling traders to hold positions indefinitely, subject to funding rate payments. This listing marks Pi Coin's debut on a major derivatives platform, potentially increasing its visibility and liquidity in the market.
Market Response and Outlook
Despite these advancements, Pi Coin's price experienced a slight decline, trading at approximately $0.77 at the time of reporting. The introduction of leveraged trading options may contribute to increased volatility, as market participants adjust to the new instruments available.
The Pi Network's recent initiatives, including the integration of new dApps and enhanced account recovery options, reflect its ongoing efforts to build a robust and user-friendly ecosystem. As the network continues to evolve, these developments may play a crucial role in attracting a broader user base and fostering sustained growth.
Source: hokoanews.com
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