Pi Network has announced its first community-wide hackathon since the launch of the Open Network. The event, Pi Hackathon 2025, invites developers to create Mainnet applications that deliver real-world utility for the ecosystem, with a total prize pool of 160,000 Pi.
The announcement comes at a challenging time for the token. Pi currently trades at $0.38 – only five cents above its all-time low of $0.335 set earlier this week. A brief breakout above $0.45 earlier in the week proved short-lived, with price momentum quickly reversing.
Read also: Pi Network Jumps 12% After Record Low – Recovery or Just a Bounce?
Hackathon Details
Registration for Pi Hackathon 2025 opened on August 15, with the official kickoff scheduled for August 21. Developers will have until October 15 to submit their projects, which must include a working app, a demo video, and the required forms.
The competition features an open-ended theme, encouraging participants to design apps that enhance Pi’s usability across different areas, from payments to services and community-driven tools. Submissions must comply with Pi’s Mainnet Listing Guidelines and demonstrate meaningful use of the token.
Prizes for the hackathon are set at 75,000 Pi for the first-place team, 45,000 Pi for second place, and 15,000 Pi for third place. In addition, up to five honorable mention teams will each be awarded 5,000 Pi.
Market Context
While the hackathon aims to boost Pi’s ecosystem growth, the token remains under heavy market pressure. Persistent token unlocks and the lack of major exchange listings continue to limit price stability. Pi’s rebound attempts, such as the move above $0.45 earlier this week, have so far failed to hold.
The upcoming hackathon may bring new attention to Pi’s developer community and highlight potential use cases for the token. However, its impact on price performance remains uncertain in the longer term.
