Tuesday, January, 21, 2025

Pi Network Gains Momentum as Fruity Pi Approval Hints at Faster KYB and DApp Processing

Pi Network approves Fruity Pi game as KYB and DApp approvals hint at bigger moves before Consensus 2025.
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Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.
  • Pi Network approves Fruity Pi game, signaling faster DApp and KYB approvals ahead of Consensus 2025.
  • Fruity Pi integrates Pi Coin payments, boosting real-world utility inside the Pi Network ecosystem.
  • Exchange struggles continue for Pi Coin as major platforms hesitate despite network development progress.

The Pi Network ecosystem shows fresh progress as the Pi Core Team recently approved a new decentralized application, Fruity Pi. DR Altcoin reports that the Pi Core Team’s approval will expedite DApp and KYB operations throughout the entire network. As the Consensus 2025 event draws nearer, the Pi Network community maintains active attention because possible major announcements are expected.

Users in Fruity Pi must solve puzzles containing different fruit combinations to obtain game prizes. An official verification mark from the Pi Core Team now displays purple, indicating complete Pi Network acceptance. Within Fruity Pi, users can sign in with their Pi wallets, and their cryptocurrency becomes essential to gameplay activities.

The approval is an essential benchmark to demonstrate Pi Coin’s enhanced usefulness throughout its system. Many Pi Network users have been waiting to see real use cases emerge, and Fruity Pi appears to represent a step in that direction.

Additionally, the approval could have broader implications for the network’s Know Your Business (KYB) checks. Businesses seeking to launch services on the Pi Network must complete KYB verification. The long delays developers have experienced during the approval process have hindered network expansion.

According to DR Altcoin, Fruity Pi’s approval may signal that the Pi Core Team is preparing for faster processing of KYB and DApp applications. The community now pays attention to this timing before Consensus 2025 approaches. The team appears to plan to showcase its developments at a major industry conference.

Pi Network Prepares for Potential Showcase Amid Exchange Challenges

Fruity Pi’s successful launch has not improved Pi Coin’s status at large cryptocurrency exchanges. HTX published Pi Coin on its exchange after the February 2025 mainnet launch but removed it shortly after. One of the crypto payment platforms, Banxa, terminated its service related to Pi.

Trading of Pi Coin has been suspended on BitMart’s exchange for more than 30 days because it requires pending KYB verifications to proceed. Binance and Coinbase have not displayed any signs of adding Pi Coin to their exchange listings. The lack of applicable liquid options for Pi holders has weakened market confidence across all markets.

The price of Pi Coin experiences ongoing market stress during this period. Pi Coin maintains a trading value of $0.65 while existing between $0.60 and $0.68 during the previous two weeks. A slight price increase across the last day coincides with a falling Relative Strength Index under 50, which maintains bearish market conditions.

Community stakeholders believe that fastened approval processes and newly launched DApps could generate renewed attention for Pi network adoption. The platform encounters substantial obstacles because market exchanges remain reachable, and stable funding sources are unreliable.

Fruity Pi received approval status from the Pi Core Team, which establishes significant progress across Pi Network operations. At Consensus 2025, the network plans to present its current development progress. To advance its development, the platform needs to solve trade issues on exchange platforms.

Also Read: SHIB Burn Frenzy: 27 Million Tokens Destroyed in 24 Hours

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