Pi Network Gains 3% as .pi Domain Auction Gets Extended to September 30!

Updated
August 7, 2025

Jakarta, Pintu News – Pi Network recently announced the extension of the .pi domain auction deadline until September 30, 2025. The move was made to allow more time for the community to participate in the blockchain-based domain market.

This decision is expected to increase community participation as well as give developers a chance to fine-tune their apps before entering the offering phase.

So, how did Pi Network’s price move after this announcement?

Pi Network Price Up 3.9% in 24 Hours

pi network price today
Source: CoinGecko

On August 7, 2025, the price of Pi Network was recorded at $0.348, having risen 3.9% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,307), then 1 Pi Network is IDR 5,674.

Read also: Pi Network Spends $20 Million on Humanoid Robots: Breakthrough or Failure?

In a 24-hour time span, the price of PI moved between $0.3352 to $0.3522, showing moderate volatility but remaining in an uptrend. This price increase was accompanied by a daily trading volume of $54.1 million.

Pi Network currently has a market capitalization of $2.71 billion, with a fully diluted valuation (FDV) of $4.17 billion. The number of coins in circulation stands at 7.79 billion PI, out of a total maximum supply of 11.98 billion PI.

Pi Network Auction Time Extension

Pi Network, through its social media platform X, announced the extension of the .pi domain auction to August 5, 2025. This extension aims to give the community known as “Pioneers” a wider opportunity to participate.

With this additional time, it is expected that there will be more innovation and creativity coming from the users. In addition, Pi Network hopes that with this extension, there will be an increase in the number of bids submitted.

Previously, the auction had managed to garner more than 100,000 bids. As such, this time extension is considered a strategic move to strengthen Pi Network’s position in the blockchain ecosystem.

Impact on Developers and Users

With the additional time, developers are given the opportunity to further refine the applications they will register on the .pi domain. This is very important considering that a unique and representative domain can increase the visibility and credibility of the application within the Pi Network ecosystem.

Developers can take advantage of this opportunity to test and refine app features before entering into the competitive market. Users or “Pioneers” also benefit from this extension.

They have more time to understand and explore the various domains on offer, and assess the potential of each domain. This opens up opportunities for users to make more informed investment decisions.

Read also: Dogecoin Rises 2% as Analysts Highlight ‘Golden Reload’ Zone Boosting Bullish Outlook

Integration with New Features and Mainnet Development

Pi Network not only focuses on domain auctions, but also continues to develop their mainnet as well as launch new features.

One of the latest features launched is the ability to directly purchase Pi Coin (PI) through the wallet app. This feature allows users to purchase Pi Coin using fiat currencies such as the American Dollar (USD), Indian Rupee (INR), and Nigerian Naira (NGN).

The integration between domain auctions and the development of this new feature is expected to bring strong synergies within the Pi Network ecosystem. As such, Pi Network seeks to not only strengthen its user base, but also expand the applications and services available within their ecosystem.

Overall, Pi Network’s extension of the .pi domain auction time demonstrates their commitment to building an active and innovative community. By allowing more time and resources, Pi Network hopes to encourage more participation and creativity among its users.

This move also signifies an important phase in Pi Network’s evolution as a major player in the blockchain industry.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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