Pi Network has started rolling out a design refresh of its mining app, starting with the side menu and profile page, the company said this week. The update comes as the project's native token, PI, staged a modest recovery — climbing more than 3.5% in the past 24 hours even as the broader crypto market lost nearly 3%. PI touched an all-time low of $0.071 on July 14, and has since bounced about 11% to trade near $0.078.
Why the redesign matters
The redesign is the first step of a broader overhaul of the mining app's interface. Pi Network says the changes are meant to improve user access to key information and ecosystem tools. The side menu and profile page are the first pieces to get a new look. The company hasn't given a timeline for the full rollout, but the work signals that the team is still actively developing the product despite the token's steep price slide.
Tokenomics and sell pressure
About 10.9 billion PI tokens are in circulation against a maximum supply of 100 billion. Roughly 4.25 million PI tokens are unlocked daily, worth about $333,672 at current prices. That steady drip of new supply adds to the sell-side pressure, which helps explain why the token is down more than 22% over the past week and 97% below its February 2025 peak of $2.99. The 30-day loss stands at approximately 42%.
Protocol v25 on the way
Pi Network has scheduled protocol v25 for July 22, 2026. The upgrade aims to improve network stability and add privacy-preserving smart contracts. For a token that has lost the vast majority of its value, the next few weeks will test whether the technical improvements can shift sentiment — or if the daily token unlocks will keep the price pinned near the lows.
