Pi Network (CRYPTO: PI) price remained on edge Saturday, and was at risk of falling to a record low despite its pivot to the artificial intelligence industry and completing an upgrade that introduced smart contracts. It was trading at $0.1510, a few points above its all-time high of $0.1300.
Pi Network Price Drops Despite Pivot to AI And Launching Smart Contracts
Pi, a popular cryptocurrency, has achieved some major milestones in the past few months. It was listed on Kraken, the second-biggest exchange in the US after Coinbase, making it available to millions of customers. This week, OKX, which was one of the first exchanges to list it, made it available to US customers.
The developers have also pivoted it to the AI industry. They did that by investing in OpenMind, a company at the intersection of AI and robotics. The two companies are testing a feature that will enable its node operators to contribute to OpenMind.
Pi Network has also upgraded its App Studio product recently. In a statement, it noted that the upgrade will enable vibe coders to launch their applications on its platform and reach millions of users.
