币界网报道:Pi Network's native token PI saw a 5% price drop ahead of its anticipated Pi2Day announcement, currently trading at $31.99 with a market cap of $1.6 billion. The decline follows a broader market downturn, though PI remains one of the top-performing cryptocurrencies this year with a 1,500% surge since January. The Pi Core Team is expected to reveal updates about the project's open mainnet launch during the June 28 event, which has drawn significant community speculation. Despite the recent dip, trading volume increased by 25% as investors positioned themselves ahead of the announcement. The network, which boasts over 55 million engaged users, continues transitioning from its enclosed mainnet phase, though full wallet transfers remain restricted until the open mainnet goes live. Market observers note PI's price remains highly volatile due to its limited exchange listings and the ongoing regulatory uncertainty surrounding the project.