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Pi Network (PI) News Today: March 2nd

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Most Bullish Sentiment Cryptocurrencies


PI has the second-highest bullish sentiment today (March 2nd).

Last month, Pi Network’s team celebrated a special milestone and announced several important updates aimed at improving the entire ecosystem.

Despite the enhanced volatility, PI closed February in green, which could explain why it has been trending lately.

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The Recent Developments and What’s Next?

It was on February 20, 2025, when Pi Network officially launched its Open Network, making PI publicly accessible and enabling exchanges to provide trading services with it. Last month, the team celebrated the first anniversary of that milestone and unveiled several important updates.

It revealed the completion of protocol v19.6, making v19.9 the final step ahead of the much-anticipated v20. The team also reminded that nodes need to migrate promptly, as outdated versions will no longer be able to participate in the network.

Shortly after, Pi Network introduced its long-awaited Ecosystem Token Design, a framework meant to ensure that new tokens on the Mainnet are tied to real utility rather than speculation. The team urged Pioneers to review the mode and provide feedback before final implementation.

Besides that, Pi Network’s co-founders, Chengdiao Fan and Nicolas Kokkalis, answered some hot questions involving the controversial KYC process, the entity’s jump into the AI sector, and other intriguing topics.

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The community’s attention has now shifted to March 14: a date known across the community as Pi Day, due to its symbolic resemblance to the mathematical constant π (3.14). The team marked the same date last year with an ecosystem expansion, but it’s unclear whether they plan something similar in less than two weeks. X user Pi Community claimed that Pi Day has always been “a powerful moment to showcase major progress, current work, and what’s next.”

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PI in Focus

PI closed in February at around $0.17, representing a 10% monthly increase. Currently, it trades just south of that mark, which could explain why the asset has been trending lately.

According to CoinMarketCap, PI has the second-highest bullish sentiment today (March 2nd), trailing only Kaspa (KAS). Further down the list are well-known altcoins such as Ripple (XRP), Cardano (ADA), and Ethereum (ETH).

Most Bullish Sentiment Cryptocurrencies
Most Bullish Sentiment Cryptocurrencies, Source: CoinMarketCap

This development has left some market observers baffled. X user Mr. Brondor, for instance, wondered how “a useless crypto” like PI could have one of the strongest bullish sentiments.

Token Unlocks and More

While some industry participants have been floating the unrealistic (at least as of now) idea that PI could explode to as high as $50, certain technical indicators suggest a short-term correction could also be on the way.

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Data shows that over the next few weeks, token unlocks will be quite aggressive with the record day being March 7 when almost 21 million coins will be released. This doesn’t guarantee a price decline, but it will allow some investors to offload holdings they have been waiting for some time.

PI Token UnlocksPI Token Unlocks
PI Token Unlocks, Source: piscan.io

Meanwhile, the amount of PI stored on centralized platforms has been gradually rising lately and now sits at nearly 435 million tokens. This trend is considered bearish, as a growing exchange supply increases the likelihood of a substantial sell-off.

PI Exchange Supply
PI Exchange Supply, Source: piscan.io
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TRON DAO scales AI Fund to $1B: what does this mean for TRX price?

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TRX surges as SRM Entertainment secures $100M deal to launch TRON treasury
TRX surges as SRM Entertainment secures $100M deal to launch TRON treasury
  • TRON DAO announced the expansion of its AI Fund from $100 million to $1 billion.
  • The fund targets identity, payments, RWAs & autonomous finance.
  • What does this mean for agentic economy and TRX price?

TRON DAO has dramatically escalated its commitment to artificial intelligence by expanding its AI Fund from $100 million to $1 billion.

According to an announcement, the newly scaled fund will target early‑stage companies building core infrastructure for the “agentic economy.”

But what does this mean for TRX as the crypto project eyes AI‑driven payment systems, tokenized assets, and decentralized applications on the TRON blockchain?

TRON DAO expands AI Fund to $1 billion

The scaled‑up AI Fund marks a strategic pivot from a moderate development pool into a major capital‑allocation vehicle for AI‑native infrastructure.

TRON DAO has stated that the fund will focus on investments and acquisitions in early‑stage companies that build foundational tools for agent‑to‑agent interactions.

These include AI‑driven smart contracts, identity protocols, and machine‑to‑machine payment rails.

By concentrating on “core infrastructure,” Tron aims to deepen its integration with the emerging agentic economy, where AI systems execute financial and contractual operations autonomously on‑chain.

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From a network‑level perspective, this expansion is designed to accelerate the development of AI‑centric decentralized applications (dApps) on TRON.

Significantly, it could also increase the utility of USDT‑based flows that already dominate the ecosystem.

Analysts note that TRON’s emphasis on low‑fee transactions and high‑ throughput makes it a natural environment for AI agents that need to perform frequent, low‑value operations at scale.

The AI Fund’s $1B war chest is expected to attract more developers, startups, and institutional partners to build and deploy AI‑enhanced products directly on the TRON network.

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What does this mean for TRX price?

The expansion of the AI Fund does not directly alter TRX’s supply‑demand mechanics. It doesn’t outline buy‑backs or burns.

However, potential implications for TRX’s long‑term price trajectory are likely.

AI and blockchain convergence is a dominant narrative, and this move can only reinforce TRON’s positioning.

The multi‑year commitment can attract more developers, capital, and transaction volume to the ecosystem.

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In this case, it would mean higher on‑chain activity and transaction fees. Automated trading bots, yield‑harvesting systems, and cross‑chain payment routers could all bolster this outlook.

TRX, as the native utility and gas‑payment token, could benefit in such an environment where AI‑funded projects drive adoption and demand.

The price of TRX has hovered near $0.30 over the past few weeks, largely under pressure alongside the broader market.

However, long-term bullish sentiment remains, with the token about 29% off its all-time high of $0.44 reached in December 2024.

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Recent resilience has come amid increased buying from Tron Inc.

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Hostplus Pension Fund Eyes Crypto Options for Members Amid Growing Demand

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Hostplus manages over A$150 billion and is now exploring Bitcoin access for self-managed retirement accounts.
  • CIO Sam Sicilia confirmed member demand is driving the fund’s renewed interest in digital currency options.
  • Any crypto offering through Choiceplus requires full regulatory approval before launching in the next financial year.
  • Australia’s pension sector holds little crypto exposure, making Hostplus a potential industry trailblazer here.

Australia’s Hostplus pension fund, managing over A$150 billion, is exploring cryptocurrency investment options for its members.

Chief Investment Officer Sam Sicilia confirmed the fund is reviewing Bitcoin and other digital assets. This move could make Hostplus one of the first major Australian pension funds to offer crypto access. Any rollout depends on regulatory approval and remains in the design phase.

Hostplus Eyes Bitcoin Access Through Choiceplus Platform

The fund is looking at offering crypto through its Choiceplus investment option. This platform allows members to self-manage their retirement savings portfolios. Currently, Choiceplus accounts for roughly 1% of the fund’s total assets under management.

Member demand is a key driver behind this consideration. Sicilia pointed directly to member correspondence as evidence of that interest.

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“There’s certainly a demand from some of our members who write in and say ‘why can’t I have access to cryptocurrency?’” he said.

Digital asset products could potentially be available as early as next financial year. However, consumer protections and regulatory compliance must come first. Several design and structural questions still need to be resolved before any launch.

Sicilia also noted that crypto has matured considerably since Hostplus first evaluated it nearly a decade ago. “We’re now at the stage where we’re revisiting digital currencies, not just Bitcoin, but just the broader range of digital currencies,” he said.

That broader scope reportedly includes assets such as music rights alongside traditional cryptocurrencies.

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Regulatory Approval Remains Central to Any Crypto Rollout

Australia’s pension sector, worth A$4.5 trillion, has largely avoided cryptocurrency exposure. AMP became the first major fund to announce a Bitcoin futures investment back in 2024. Hostplus taking a similar step would mark a notable shift in industry posture.

The fund has been firm that it will not move forward without full regulatory clearance. Sicilia made the fund’s position clear on timing.

“We’d love to get regulatory tick off, even if it means waiting another six months,” he said. That patience reflects the fund’s broader investment philosophy.

“We are long-term investors. Six months doesn’t really move the dial for us,” Sicilia added. The fund is prioritizing a compliant and well-structured rollout over a rushed launch. Member protections remain at the center of that approach.

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Outside major pension funds, Australia’s self-managed super funds hold around A$3 billion in crypto. These SMSFs represent about A$1.2 trillion of the broader pension system.

That existing exposure shows retail appetite for crypto within retirement structures is already present. Once approvals are secured, a structured crypto offering could follow within the next financial year.

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As Mass Adoption Approaches, Crypto Has Forgotten Its Roots

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As Mass Adoption Approaches, Crypto Has Forgotten Its Roots

Opinion by: Dr Corey Petty, chief evangelist at Logos

When early cryptocurrencies were conceptualized, the vision was not one of complex leverage strategies, celebrity rugpulls and government treasuries. Rather, cypherpunks sought, through cryptographic tools, to empower people through the privacy-given freedom to exchange goods and services without the threat of government overreach and mass corporate surveillance

The crypto landscape is turning from one of decentralized networks into an extension of traditional finance. Centralized exchanges regularly account for over 80% of daily crypto transactions. If crypto is to hold onto its original ethos, privacy cannot be optional.

Privacy is a tool for carving out the most important properties that support individual freedom in the digital realm: permissionlessness and censorship resistance.

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Privacy as a principle to surveillance capitalism

In this era of regulation, blockchain’s peer-to-peer value proposition means little to institutions. With a pro-crypto administration in the United States, institutions have poured billions into decentralized finance (DeFi). This liberatory technology is quickly becoming a backend for institutional finance, complete with surveillance architecture and walled gardens.

A recent report by Samsung showed that nine out of 10 Europeans are worried about their online privacy while remaining unaware of the options available to them, like the potential of blockchain to safeguard this privacy. Policies like the UK’s push for crypto firms to report customer data have been accepted across industries. Protocols are hardwiring surveillance architecture and compliance-heavy frameworks that mandate data tracking into their offerings — all in an effort to secure institutional validation and large-scale inflows.

Prioritizing profit over purpose by design, perpetuates inequality. The unique properties of blockchain allowed for censorship-resistant solutions that have more recently been used to leverage highly lucrative airdrops, memecoins and casino-style trading strategies, as flagship cryptocurrencies have grown in value.

Products have begun to alienate the very people that crypto was designed to uplift. Instead of get-rich-quick schemes and institutional lobbying, DeFi should be prioritizing accessible financial tools: low-cost layer-2 solutions that reduce transaction fees to pennies, intuitive user interfaces that don’t require technical expertise and products that address real-world needs with the end goal of enabling financial freedom for millions of people.

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From a lost cause to a brighter future

If DeFi will not advocate for crypto’s potential for self-sovereignty, then it is up to the remaining cypherpunks to find other avenues to apply it. Self-governance is perhaps the most comprehensive example of such an application, offering freedom of choice for people over how they wish to be governed and by whom, providing an exit from financial institutions and state-corporate surveillance.

In blockchain governance, the same ledger that supports transparent financial transactions ensures open and immutable voting systems. Tokenized citizenship models can enable fluid participation and serve as an anonymous yet functional digital ID, ensuring access to services.

Using smart contracts, cyberstates — also called network states — enable communities to form voluntary associations based on shared values rather than geographic boundaries. Citizens can exit oppressive jurisdictions and opt into governance systems that align with their principles, creating competitive markets for governance where the best systems attract the most participants.

Rather than being subject to the surveillance and control of traditional nation-states through cryptographically secured systems that take privacy as a cornerstone principle, individuals can organize in decentralized communities, govern themselves through direct democracy, and return sovereignty to the individual, fulfilling the original cypherpunk vision.

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Related: Network states will one day compete with nation-states 

Early visions are already being built. Charter cities and projects are pioneering experiments that combine blockchain governance with physical communities. Meanwhile, decentralized physical infrastructure networks are demonstrating that blockchain has transformative functions far beyond finance, enabling communities to collectively own and operate real-world infrastructure from agricultural supply chains to computing power.

As blockchain technology reaches the masses and institutional adoption becomes inevitable, it is time to reclaim the founding mission. The technology that was built to free individuals from centralized control must not become another tool of that control.

Opinion by: Dr Corey Petty, chief evangelist at Logos.

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