Core

<p>The team behind Pi Network has rolled out multiple updates over the past few weeks focused on improving the overall user experience and helping Pioneers resolve emerging issues.</p>
<p>However, the price of the native token is deep in the red, while some important factors suggest the bulls are unlikely to regain control anytime soon.</p>
<h2 id="the-latest-updates">The Latest Updates</h2>
<p>For many Pi Network users, fulfilling the necessary KYC procedures has been a significant obstacle, often derailed by technical glitches or other setbacks. Just a few days ago, the Core Team <a href="https://cryptopotato.com/major-pi-network-pi-upgrade-for-50-faster-experience-for-pioneers-details/" rel="noopener noreferrer nofollow">integrated</a> additional AI tools, making it easier and faster for Pioneers to complete the verification process.</p>
<p>Specifically, the upgrade reduces validation shortages in regions with limited human reviewers, boosts Mainnet-unlocking KYC for more users, decreases the number of apps that need manual review, and increases privacy.</p>
<p>Prior to that, Pi Network <a href="https://cryptopotato.com/pi-network-pi-news-today-december-2nd/" rel="noopener noreferrer nofollow">collaborated</a> with CiDi Games (a platform that builds Pi-related games that users can play). The partnership aims to broaden the real-world use of the PI token and offer more opportunities for Pioneers.</p>
<p>Some X users have <a href="https://x.com/PiListingNews/status/1997173242982027336" rel="noopener noreferrer nofollow">speculated</a> that further updates will be introduced at the start of next year, but there is nothing official yet.</p>
<h2 id="the-lawsuit">The Lawsuit</h2>
<p>Recently, a group of Pi Network users <a href="https://x.com/cryptoleakvn/status/1998321031606640699" rel="noopener noreferrer nofollow">shocked</a> the crypto community by claiming that the project secretly sold billions of PI tokens, manipulated the price, and deliberately delayed the Open Mainnet. Those people sued the entity, asking for $10 million in damages and accusing the team of misleading the community.</p>
<p>The allegations directly target Pi Network’s co-founders, Dr. Nicolas Kokkalis and Dr. Chengdia Fan, as well as other unnamed individuals. The initial court hearing is scheduled for December 23, 2025.</p>
<h2 id="pi-price-outlook">PI Price Outlook</h2>
<p>The uncertainty caused by the legal battle could be one reason Pi Network’s native token has once again headed south. Currently, it trades at around $0.21 (per CoinGecko’s data), representing a 14% decline on a two-week scale. Furthermore, the valuation is down a staggering 93% since the all-time high of $3 witnessed at the start of the year.</p>
<figure style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2025/12/PI-Price-1.png" rel="noopener noreferrer nofollow"><img src="https://cryptopotato.com/wp-content/uploads/2025/12/PI-Price-1.png" alt="PI Price" width="847" height="642"></a>
 <figcaption>
  PI Price, Source: CoinGecko
 </figcaption>
</figure>
<p>Some essential elements suggest that the price might not rebound soon but head towards a deeper correction. The upcoming token unlocks are among the evident examples.</p>
<p>Data shows that more than 182 million PI will be released in the next 30 days, meaning an average unlock of over 6 million coins per day. This can increase the selling pressure and lead to a further pullback.</p>
<figure style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2025/12/PI-Token-Unlocks-2.png" rel="noopener noreferrer nofollow"><img src="https://cryptopotato.com/wp-content/uploads/2025/12/PI-Token-Unlocks-2.png" alt="PI Token Unlocks" width="1401" height="400"></a>
 <figcaption>
  PI Token Unlocks, Source: piscan.io
 </figcaption>
</figure>
<p>The post <a href="https://cryptopotato.com/pi-network-pi-news-today-december-10th/" rel="noopener noreferrer nofollow">Pi Network (PI) News Today: December 10th</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.</p>

Pi Network (PI) News Today: December 10th

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