Pi Coin Stays Flat As Passkey Update Lifts Security

    By

    Ashutosh

    Ashutosh

    Pi Coin adds passkey authentication with Face ID and fingerprint, boosting account security as the platform prepares for Mainnet Migration.

    Pi Coin Stays Flat As Passkey Update Lifts Security

    Quick Take

    Summary is AI generated, newsroom reviewed.

    • Pi Coin remains mostly flat despite improved security measures

    • Passkey Update introduces biometric and device-based authentication options

    • Community discussions highlight backup strategies and account protection

    • Daily trading volume rises but overall market interest stays muted

    • Enhanced security supports Mainnet Migration and strengthens user trust

    Pi Coin has stayed mostly flat even as the Passkey Update strengthens account security. The rollout adds biometric or device-based authentication. It now includes Face ID, fingerprint, or device PIN, on top of the existing password. Setting it up requires linking a trusted email and passing a short security verification, after which users receive confirmation via email. It’s a straightforward step, but one that could meaningfully reduce risks of unauthorized access as Pi moves toward Mainnet Migration.

    New Security Features in Pi

    Crypto outlets highlighted the update as a signal that Pi is taking identity protection seriously, keeping pace with broader Web3 trends. Forum users are already discussing backup strategies, suggesting hardware keys or password managers alongside the Passkey to further secure accounts. Even with excitement around the new security update, Pi Coin’s price barely moved. In fact, stronger security could boost trust over time. This will be crucial, especially as Pi gears up for its wider Mainnet Migration.

    Pi Coin Price Shows Limited Market Reaction

    Despite these gains in security, Pi Coin’s market performance tells a different story. August saw most major tokens climb furthermore, while Pi remained confined between $0.335 and $0.4709, briefly touching $0.45 but failing to draw in buyers. Daily trading volume is $46.33 million, up 61.89 percent in the last 24 hours, yet overall interest remains muted. The price action suggests that the focus for now isn’t chasing rallies but building a foundation of adoption, decentralization, and real utility.

    Passwordless authentication is becoming standard. Apple, Google, and Microsoft have all rolled out passkeys across their ecosystems, simplifying logins while cutting phishing risks. Within crypto, MetaMask and Coinbase Wallet are experimenting with similar systems. By adopting passkeys, Pi aligns with these trends, showing that it can modernize authentication while keeping the user experience smooth.

    Passkeys Align Pi with Tech Industry Standards

    Strategically, the update reinforces Pi’s infrastructure ahead of Mainnet Migration. Enhanced account security lowers risks for users holding funds, while a reliable authentication system supports compliance and smoother KYC onboarding. It also strengthens Pi’s positioning relative to other crypto platforms adopting passwordless solutions, adding credibility for users and potential partners alike.

    In short, the Passkey Update and the emphasis on trusted emails mark a meaningful step in Pi’s security journey, laying the groundwork for Mainnet Migration and regulatory compliance. The token may be quiet, but the platform’s fundamentals are quietly strengthening. The real question now is whether Pi Coin can translate these improvements into sustained engagement and adoption beyond short-term market hype.

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