How Pi Network’s 50M nodes could reshape the future of decentralized AI

💡 DMK Insight

Pi’s move to create a distributed compute grid could change how we view decentralized networks. At a time when Ethereum is trading at $3,104.30, this development is particularly interesting. If Pi successfully demonstrates that AI can operate efficiently on a decentralized network, it could challenge existing cloud computing models and potentially impact Ethereum’s dominance in the smart contract space. Traders should keep an eye on how this initiative unfolds, as it might attract investment away from traditional blockchain platforms. The implications could ripple through the crypto market, affecting not just ETH but also other altcoins that rely on similar infrastructure. Watch for any partnerships or technological breakthroughs from Pi that could signal a shift in market sentiment or investment flows. Key levels to monitor will be Ethereum’s support around $3,000 and resistance near $3,200, as these could indicate broader market reactions to developments in decentralized computing.