Recently, the PI Network ecosystem has seen some notable changes. In the early hours of July 19, PCT (which may be an abbreviation for Pi Core Team) released an important announcement. Although the content is obscure, it has triggered a market reaction.

After the announcement was released, the price of PI showed a certain level of support. Interestingly, some large holders (commonly known as "whales") did not increase the borrowing amount of PI, but instead repurchased about 400,000 PI to repay previous loans. This action aligns with the behavior patterns observed at market bottoms, suggesting that whales may be preparing for the upcoming significant update.
Recently, a topic that has attracted widespread attention is a mysterious wallet continuously buying PI coins, totaling over 30 million pieces. The latest announcement from PCT revealed the identity of this wallet: it is the account used for staking in the App Studio applications.
The announcement also introduced a new mechanism: application developers who wish for their applications to achieve a higher ranking on the platform need to stake more PI coins. This rule may incentivize institutional investors to compete to purchase PI coins to ensure that their developed applications can gain more exposure.
This series of changes indicates that the PI Network ecosystem is undergoing significant transformation. The new staking mechanism may not only affect the market demand for PI coins but could also have profound implications for the application development and promotion strategies of the entire ecosystem. However, what these changes mean for ordinary users and investors still requires further observation and analysis. #PI# #ETH突破3600# #特朗普施压鲍威尔# #山寨季何时到来？#