Jakarta, Pintu News – On July 8, Pi Network briefly traded at $0.4570, experiencing a decline of 2.05%. Despite the decline, investor activity increased with 24-hour trading volume rising by 26.11% to $81.57 million.
In the span of one week, Pi Network still shows a bearish trend with a decline of 10.78%, signaling continued short-term selling pressure on the token.
In a recent development, Pi Network has officially become part of the portfolio of 137 Ventures, a leading venture capital firm in Silicon Valley.
Read also: Pi Network Hits $0.46 Today – Is a Major Rebound Just Around the Corner? RSI Says Yes!
This announcement was first revealed by crypto analyst, Mr. Spock, and has created huge waves in the blockchain sector. 137 Ventures is known for backing transformative tech companies such as SpaceX, Spotify, and Anduril Industries.
The strategic backing from 137 Ventures is not only a financial validation, but also a calculated bet on Pi Network’s mobile-based mining architecture, which has eased crypto access for over 47 million users.
The Pi Network model that enables large-scale blockchain adoption without the need for expensive hardware is increasingly seen as the ideal model.
Pi Network’s open mainnet is about to launch, and the timing of this venture capital validation could not be more appropriate.
For six years, Pi Network has been building infrastructure, approaching the user base from the grassroots, and creating decentralized applications within its ecosystem.
With institutional backing, Pi Network seems poised to transition from a quirky experiment to a credible Web3 player. Developers, investors and enterprises are starting to take notice.
Pi Network’s growing ecosystem of applications, which includes in-app utilities and merchant integrations, serves to facilitate real-world use, an important factor in an era that increasingly values utility over speculation.
Read also: Pi Network Studio: Revolution or Just New Speculation?

With Pi Network’s entry into the 137 Ventures portfolio, the project is now among the elite innovators that could change the technological roadmap of the future. This signals a new era for Pi Network, where they are not only seen as a digital currency, but as a leader in blockchain innovation.
Pi Network’s ability to attract mass global adoption without expensive hardware provides valuable lessons for the blockchain industry. It shows that accessibility and ease of use are key to widespread adoption of blockchain technology.
With support from 137 Ventures, Pi Network is expected to expand its influence and strengthen its position in the global market.
Overall, with renewed support from 137 Ventures, Pi Network is poised to strengthen its position as a major player in the blockchain industry. With the upcoming Mainnet launch and a growing ecosystem of applications, the future of Pi Network looks bright.
This investment not only raises Pi Network’s profile but also confirms its long-term potential in transforming the financial technology landscape.
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