The Pi Network team provided new updates yesterday and moved to X to explain more details about how it works and how users can take full advantage.
However, the underlying asset continues to make new lows, and its free fall does not look like it will end soon.
Explanation of the new update
CryptoPotato I mentioned There were two major updates yesterday, one focusing on the AI-assisted app planning phase, allowing developers to build their product from an initial idea, and the other improving backend support. In the follow-up post for the second upgrade, the team highlighted the key features and how pioneers can benefit from them.
“Backend capabilities begin with persistent storage of newly created App Studio applications, allowing applications to save and retrieve user-specific data across sessions.”
Developers can build apps on Pi App Studio with experiences that persist even after users leave and return. An example given by the team is the following: games can remember a user’s high scores, productivity apps can bring back a user’s to-do lists, and note-taking apps can automatically keep notes.
The process has been very different until now, as these apps have been “largely limited to front-end single-session experiences only,” where app data such as preferences or progress disappear if users exit the app.
team He claimed Adding such support now is “an important milestone for the App Studio platform because it expands what AI-generated apps can practically do on the Pi Network.” The team said persistent storage is the first capability built on this foundation, allowing for a wide range of useful applications.
PI sees new ATL
Although the Pi Network team continues to publish protocol updates relatively frequently, the original token has failed to capitalize and make a noticeable return. on the contrary; The price direction was mostly south.
It hit a new all-time low at the end of June at less than $0.115 when the entire market corrected. It managed to bounce back a bit to somewhere between $0.12 and $0.13 for a week or so, but it dropped again at the beginning of the current work week. It fell to $0.1033 yesterday setting a new record low before the bears began another decline several hours ago.
The new low, according to CoinGecko data, is $0.1002. Although it has rebounded by 1.5% since then, PI is still at risk of falling below $0.10 in the very near future given the overall market sentiment and lack of confidence in the token.
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