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Pi Network (PI) News Today: January 24

Meanwhile, the PI token has been red again on a daily and weekly basis.

The Core Team behind the popular but controversial project has been working since the beginning of the new year, already introducing two updates to some of its products.

In this article, we will review those, especially the latest, and examine the disappointing price performance of the underlying asset.

Latest Pi Network updates

Shortly after the start of 2026, the Pi Network team presented its first update of the year, which allowed developers to integrate PI app payments into their applications in less than ten minutes, as promised. This happened after introducing a new developer library, reducing the payment integration process to a much shorter time.

Such simplification allows users to spend more time creating and improving their products, aligning with the project's long-term strategy to strengthen and expand the use of the ecosystem.

The second update, announced earlier this week, builds on the first as it introduces simple PI payments integration directly within Pi App Studio, allowing creators to add in-app payments to their apps without writing code or having technical knowledge.

The team clarified that payments are still limited to Test-Pi, but promised that this beta version forms the basis for future Mainnet-enabled monetization. Once this update is deployed to the Mainnet, creators will be able to add payment interactions that work in a single active session, including features to unlock or purchase in-app items.

The Pi Network team is also launching a creator-focused event within the Pi App Studio, which will allow 1,000 eligible participants to earn 5 PI token credits, which can be used exclusively within the app creation and customization platform.

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Separately, the Core Team announced at X that they implemented a 2025 update button in the app, allowing users to update their 2025 mining summary.

PI Price Continues to Struggle

Despite these updates, the protocol's native token fell earlier this week after more than a month of trading sideways between $0.20 and $0.22. As the country's tensions between the alliances worsened, PI joined the rest of the crypto market and fell by double digits to below $0.18, which was inches away from the ATL of $0.172 marked in October.

Despite some good news regarding the withdrawal of tokens from trading, the asset failed to make a meaningful recovery and is now trading at $0.183, representing a 1% daily decline and a massive 11% decline.

Given its significant decline on a large basis, some commentators have offered their opinion on what the team should change to improve PI's performance.

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