Pi Network Launches SLICE as Crypto Price Remains Near All-Time Lows

Markets can sometimes punish an asset even as its ecosystem continues to grow. Pi Network faces this paradox. As the PI token moves around its all-time lows, the project continues to announce new initiatives to strengthen its infrastructure. The latest is SLICE, an experimental token launched on the Pi Launchpad as part of a new testing campaign. This operation, which coincides with Pi2Day on June 28, demonstrates the team's determination to continue its developments despite the difficulty of the market.

Pi Network puts its Launchpad to the test with SLICE

Pi Network, despite its difficulties, has officially launched SLICE, its second test token deployed through the Pi Launchpad. This new phase of experimentation should last until Pi2Day scheduled for June 28. The idea is to evaluate an improved version of the participation system after a first campaign organized during the Pi Day 2026.

The team explain in his communication that “Pi Launchpad has updated its flow and participation model, incorporating data and feedback from the first Testnet token launched at Pi Day 2026”. This statement shows that the lessons learned from the first test have been incorporated directly into this new version of Launchpad.

The previous test caused significant community mobilization. The project indicates that more than 478,000 users participated in this first experiment. To participate in Operation SLICE, candidates will have to complete several steps:

• Open the Pi Browser;
• Access the Pi Launchpad;
• Consult the SLICE project;
• Hire Test-Pi;
• Confirm their participation;
• Use the Slice of Pi app.

This procedure allows Pi Network teams to observe user interactions in a full-scale test environment while collecting data to improve future versions of Launchpad.

An asset designed to test the ecosystem, not to create value

SLICE has no economic vocation. Pi Network highlights the resolutely experimental nature of this asset, unlike token launches usually linked to speculative expectations. Moreover, the community relayed a very clear message on this subject: “SLICE is a test token running on the Testnet and will never be deployed on the mainnet (Mainnet)”.

This clarification is intended to avoid any confusion among users. SLICE will never be migrated to the mainnet and will have no market value. Its sole mission is to test the Launchpad functionalities and to provide usage data to the project teams. This approach allows Pi Network to reproduce certain real-world conditions of use without directly exposing participants to financial risk.

Such a strategy also aims to prepare future launches of the project in a better controlled environment. The feedback collected will make it possible to refine participation mechanisms, detect possible points of friction and improve the overall experience offered to users. Thus, the launch of SLICE is presented more as a technical validation tool than as an event intended to stimulate the market.

Technical advances which are not yet sufficient to support the IP

The launch of SLICE takes place in a particular context for Pi Network. For several weeks, the PI token has been trading near its all-time lows, despite a series of technical developments described as major by the project team.

At the beginning of June, Pi Network notably deployed Protocol 24, an update described as one of the most important in its recent history. This development aims to improve network performance, node synchronization and overall infrastructure stability. The June roadmap also plans other updates, designated v25.1 and v26.0. This work should help prepare the ecosystem for future functionalities, particularly around smart contracts.

These announcements do not change anything, the market remains cautious. For the moment, technical progress is not reflected in a significant improvement in the price of the token. Observers also point to the pressure exerted by scheduled token unlocks. According to information discussed in recent weeks, around 174 million IPs should be released in June, which could increase the supply available on the market. The gap between infrastructure progress and investor response is an example of the challenges Pi Network faces today.

This is why the launch of SLICE sheds interesting light on Pi Network's strategy. Instead of seeking to artificially maintain the price of its token, the project seems to emphasize the progressive development of its ecosystem and the improvement of its tools. The result of this new testing campaign will make it possible to measure community engagement and Launchpad maturity.

It remains to be seen whether these advances will be enough to permanently restore market confidence. In the crypto world, technical solidity is often a sine qua non condition, but in no way constitutes a sufficient guarantee of the immediate revaluation of the asset. These will make it possible to measure in the coming months whether the efforts undertaken by the network ultimately materialize on the trajectory of the IP course.