Pi Network released three products on Pi2Day 2026: SoloHost, Pi Sign-in, and PiVerify. SoloHost allows developers to list apps running local AI on users' devices but does not require PI token usage; Pi Sign-in offers third-party login similar to Google or Apple, also without PI demand. PiVerify opens Pi's identity verification to external clients, paid in PI, creating a new token demand source. However, the market reacted negatively, with PI dropping about 8% to a record low of $0.117, down 96% from its February 2025 peak. The token faces continuous supply pressure, with circulating supply increasing toward a 100 billion cap and 5.8 billion PI issued but not yet trading. Daily volume is low relative to market cap, indicating selling pressure. While PiVerify and an unfinished compute market offer potential PI utility, adoption depends on competition with established vendors like Sumsub and Worldcoin. For now, price action is supply-driven rather than feature-driven.

Key facts

• Pi Network launched SoloHost, Pi Sign-in, and PiVerify on Pi2Day 2026.
• Only PiVerify creates token demand by charging external clients in PI.
• PI price dropped 8% to $0.117, a record low, down 96% from peak.
• Circulating supply continues increasing, pressuring the price.
• Adoption hinges on businesses choosing Pi over established competitors.