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Sonic Racing: CrossWorlds Open Network Test to begin on 29th August
Game Updates

Sonic Racing: CrossWorlds Open Network Test to begin on 29th August

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A Sonic Racing: CrossWorlds Open Network Test has been announced for PS5, Xbox Series Consoles, PC, and Nintendo Switch. The multiplayer test will begin on 29th August and run over that weekend until 1st September.

Sega has noted that the Network Test won’t be available for PS4 and Xbox One users.

Variety of Game Modes

Grand Prix

  • Compete solo or with friends in local split screen co-op for first place in one of 7 cups (comprised of 4 races each). Racers are awarded points based on their placements at the end of races, and the racer with the most points at the end wins!

World Match

  • Test your skills and compete online against 11 other players. Earn Rank Points, increase your World Rank, and aim for the top!

Friend Match

  • Play with up to 11 other players online in custom lobbies where you can control all aspects of a race such as Speed, Team Size, Course/CrossWorlds, AI Difficulty, Frenzy Gates, Items, and Rule Sets.

Race Park

  • Change up the rules and teams online and offline in this party mode that features six unique race formats.

Time Trial

  • Compete for the best time on individual courses and aim for the top of the Leaderboard Rankings.

Custom Match

  • Play with up to 4 players offline split-screen where you can control all aspects of a race such as Speed, Team Size, Courses/CrossWorlds, AI Difficulty, Frenzy Gates, Items, and Rule Sets.

Rival System

  • With the new Rival System, players are randomly assigned to a rival racer for the duration of the four Grand Prix races. The rival will playfully taunt the main racer with unique dialogue interactions, allowing for fun competition within the main races.

Four Player Local Co-Op

  • Compete against friends for first place with local co-op! Hop on the same device and see who has what it takes with up to four players and split screen capabilities.

Cross-Platform Matchmaking

  • Players can also look forward to racing online with up to 11 other friends! With cross-platform matchmaking, everyone can hop into the race no matter what console they own.

Sonic and Pac-Man are also getting a crossover, with the pair hopping into each other’s new games. You can check out the crossover in the trailer below:

Watch on YouTube

Sonic Racing: CrossWorlds will release digitally and physically on 25th September for PS5, PS4, Xbox Series X|S, Xbox One, Switch, and PC. A Switch 2 edition will release later this year digitally and on physical in 2026.

This is a news-in-brief story. This is part of our vision to bring you all the big news as part of a daily live report.



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Datadog network monitoring 1
Product Reviews

I tested Datadog network monitoring and found it amazing for analytics and integrations review

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Why you can trust TechRadar


We spend hours testing every product or service we review, so you can be sure you’re buying the best. Find out more about how we test.

If you’re searching for a network monitoring tool that can keep up with hybrid and cloud-first IT environments, Datadog is likely on your shortlist. We’ve spent weeks researching every major IT platform and Datadog is near the top for its feature-rich approach and impressive integrations. For a broader look at your options, check out our best network monitoring tools list.

Our team at TechRadar has deep experience evaluating IT platforms — using, comparing, and stress-testing them in real-world scenarios. LogicMonitor is our pick for the best network monitoring tool of 2025. Its AI-powered suite automates many day-to-day IT workflows, making it a top choice for organizations wanting proactive, hands-off monitoring.

Still, Datadog’s popularity is no accident. It’s a favorite among IT teams for its real-time visibility, rich analytics, and ability to unify monitoring across multi-cloud, hybrid, and on-premises environments. But is it the right fit for your team? Let’s dive in.

Datadog network monitoring: Features

Datadog is one of the most feature-rich platforms in the network monitoring space. It’s packed with tools for real-time analytics, customizable dashboards, anomaly detection, and integrations with over 850 services and devices.

These features are best suited for IT teams managing complex, hybrid, or cloud-native environments who need granular visibility and automation. Everything comes together pretty well, though some users have asked for easier self-remediation and more transparent pricing, especially as data volumes grow.

At its price point, though, you’re paying for depth and breadth. So, if you need only basic monitoring, there are cheaper options.

Infrastructure monitoring

Datadog’s core component gives you a bird’s eye view of servers, cloud instances, containers, and network devices. It auto-discovers resources and collects data from CPUs, memory, disk, and network performance, all visualized in real time.

Network performance monitoring (NPM)

NPM provides deep visibility into your network traffic, showing you which services are talking to each other, where bottlenecks are, and how traffic flows across your environment. You can drill down to individual connections, monitor bandwidth usage, and set up alerts for unusual activity.

Log management

Datadog automatically ingests, parses, and analyzes logs from across your stack. You can search logs in real time, correlate them with metrics and traces, and set up alerts for error spikes or suspicious activity.

Application performance monitoring (APM)

APM traces requests across distributed systems, helping you spot slowdowns, errors, and performance bottlenecks at the code or service level. It supports major programming languages and frameworks.

Synthetic monitoring

This tool simulates user interactions with your apps and connectors, running tests from locations around the world to measure uptime and performance. It’s useful for catching issues before users notice them.

Real user monitoring (RUM)

RUM tracks the actual experience of your users, measuring load times, errors, and engagement in real time. This is important for teams focused on optimizing user-facing applications.

Security monitoring

Datadog’s security suite includes anomaly detection, threat intelligence, and compliance monitoring, helping you spot vulnerabilities and suspicious behavior as it happens.

Integrations and APIs

With support for 850+ integrations, including AWS, Azure, Kubernetes, Chef, Puppet, and more — Datadog can slot into almost any IT environment, making it easy to unify monitoring across tools and platforms.

(Image credit: Datadog)

Datadog network monitoring: Ease of use

Datadog is generally user-friendly, with a modern, intuitive interface and customizable dashboards that make it easy to visualize the metrics that matter most to you. Many users find setup and configuration straightforward, especially compared to older tools like SolarWinds. You can drag and drop widgets, create custom views, and filter data with just a few clicks.

However, the initial setup can feel overwhelming for newcomers. With so many features and integrations, it’s not always clear where to start, and some users report that onboarding documentation could be more beginner-friendly. Once you’re past the learning curve, though, day-to-day use is smooth and efficient.

Datadog also supports accessibility features and offers a REST API for advanced customization and integration with other tools. While the platform is designed to scale with your needs, we’d love to see more guided onboarding for first-time users.

Datadog network monitoring: Pricing

Swipe to scroll horizontally

Plan

Starting price (paid annually)

What’s included

Infrastructure Monitoring

$15 per host/month

Core metrics, dashboards, 850+ integrations

APM

$31 per host/month

Distributed tracing, service maps, code profiling

Log Management

$0.10 per GB ingested

Log ingestion, search, analytics

Network Performance

$5 per host/month

Network traffic analysis, flow monitoring, device health

Synthetic Monitoring

$5 per 10,000 API tests

API and browser tests, uptime checks

Real User Monitoring

$2 per 10,000 sessions

End-user experience metrics, session replay

Security Monitoring

$0.20 per GB analyzed

Threat detection, compliance monitoring

Database Monitoring

$21 per host/month

Database performance, query analytics

Continuous Profiler

$8 per host/month

Code profiling, performance optimization

Incident Management

$15 per user/month

Incident tracking, collaboration tools

CI Visibility

$5 per 25,000 test runs

CI/CD pipeline monitoring, job analytics

Datadog’s pricing is modular and can add up quickly as you layer on more features or monitor more hosts. While the entry price for network monitoring is competitive, costs for log ingestion, APM, and other advanced features can become significant for large environments.

The flexibility to pick and choose modules is great, but budgeting can be tricky. Compared to competitors like LogicMonitor, Datadog is often pricier at scale, though it offers more control over what you pay for.

Datadog network monitoring: Customer support

Datadog’s customer support is generally responsive and knowledgeable, with 24/7 availability for most plans. Users can access support via email, chat, or ticketing, and there’s a robust knowledge base and active community forums. Enterprise customers get priority support, including a dedicated account manager and faster response times.

But, some users have reported mixed experiences, especially with lower-tier plans or complex billing issues. A few customers mention delays in getting detailed technical answers or feeling like their concerns weren’t fully addressed. For mission-critical environments, we recommend opting for enterprise support to ensure the fastest resolution times.

Datadog network monitoring: Alternatives

Datadog is a leader in network monitoring, but it’s not the only option. It’s best suited for mid-sized to large IT teams managing hybrid or cloud-first environments who need deep analytics and extensive integrations. If you’re a smaller business or just need basic monitoring, you might find Datadog’s cost and complexity overkill.

Top competitors include LogicMonitor for its AI-powered automation and intuitive interface, Dynatrace for AI-driven anomaly detection, and Nagios or Zabbix for IT teams who want open-source options. That said, Datadog’s main edge is its unified, cloud-native approach and real-time analytics. But if you value simplicity or lower costs, it’s worth comparing alternatives.

Datadog network monitoring: Final verdict

Datadog brings a powerful, unified approach to network monitoring, with real-time analytics, deep integrations, and customizable dashboards. It’s a top choice for IT teams that need to monitor complex, hybrid, or cloud-native environments and want to correlate network data with logs, traces, and application metrics.

However, cost and complexity can be drawbacks, especially for smaller teams or those new to monitoring platforms. If you need the most advanced features and can invest in setup and training, Datadog is a strong contender. For simpler needs or tighter budgets, other platforms may offer better value.

FAQs

What types of environments can Datadog monitor?

Datadog supports on-premises, cloud, and hybrid environments, with integrations for AWS, Azure, Google Cloud, and more. It’s designed to provide unified visibility across all your infrastructure.

Is Datadog suitable for small businesses?

While Datadog can be used by businesses of any size, its pricing and feature set are best suited for mid-sized to large organizations with complex monitoring needs. Smaller teams may find the cost and learning curve steep.

Can Datadog alert me to network issues in real time?

Yes, Datadog provides real-time alerts for network performance issues, outages, and anomalies. You can customize alert thresholds and receive notifications via email, Slack, PagerDuty, and other channels.

Does Datadog offer a free trial?

Datadog typically offers a 14-day free trial for new users, allowing you to test core features and integrations before committing to a paid plan.

How does Datadog compare to LogicMonitor?

LogicMonitor is our top pick for 2025, thanks to its AI-powered automation and revamped UI. Datadog offers more granular analytics and integrations but can be more expensive and complex to set up. Both are excellent, but LogicMonitor is better for teams wanting automation while Datadog excels in analytics and customization.

We list the best website monitoring software.



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Ronin Network is Coming Back Home to Ethereum in 2026
GameFi Guides

Ronin Network is Coming Back Home to Ethereum in 2026

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Ronin, a purpose-built blockchain for gaming, said it will migrate back to the Ethereum ecosystem as a layer-2 network, making Ronin a general-purpose chain for applications beyond gaming.

The blockchain originally spun off from the Ethereum mainnet in 2021 in search of better network speeds and cheaper transaction fees for Axie Infinity, a non-fungible token (NFT) blockchain video game. The Ronin team wrote:

“Things are different now. Ethereum is back. Transaction costs and speeds are better than ever. We are early to a new era of growth, and Ronin is ready to rise.”

The team set a Q2 2026 target for the full migration from being a standalone layer-1 blockchain to an Ethereum layer-2 network.

Ronin’s migration to an Ethereum layer-2 network will occur in two phases. Source: Ronin Chain

“Ethereum is winning the war for Wall Street’s attention and capital,” according to Ronin, which cited the growing ties between institutional investors and Ethereum as a main driver for the decision to migrate back to the Ethereum ecosystem. 

Related: Ethereum hits new multiyear high as Tom Lee’s BitMine plans $20B ETH raise

Ethereum becomes Wall Street darling in institutionalization push

Etherealize, a marketing company established to pitch Ethereum to Wall Street investors, launched in January with backing and funding from the Ethereum Foundation.

Since that time, several Ethereum treasury companies have emerged as publicly traded businesses that accumulate Ether (ETH) on their balance sheets, and the price of Ether hit a recent high of about $4,790.

Matt Hougan, chief investment officer at investment company Bitwise, told Cointelegraph that Ether treasury companies create a cohesive narrative for Ethereum that appeals to traditional financial investors.

Putting ETH into an “equity wrapper” that accrues yield through staking provides investors with a vehicle they are familiar with and feel comfortable investing in, Hougan said.

Proponents of the Ethereum treasury strategy say that the network will become the backbone of a new financial system, acting as a base layer for decentralized finance (DeFi), real-world asset tokenization, and stablecoin settlement.

The prohibition of yield-bearing stablecoins in the US, stipulated in the recently passed GENIUS bill, will drive investors to Ethereum DeFi, where they can stake or earn passive income through lending activities, according to analysts.

Magazine: How Ethereum treasury companies could spark ‘DeFi Summer 2.0’



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The Social Network Is Getting A Follow-Up Facebook Will Hate
Game Reviews

The Social Network Is Getting A Follow-Up Facebook Will Hate

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Image: Sony Pictures

Fifteen years after Jesse Eisenberg made Facebook founder Mark Zuckerberg look like the socially awkward tech genius he is in director David Fincher’s The Social Network, the film’s writer, Aaron Sorkin, is back at it again. Deadline reports that Sorkin will write and direct The Social Network Part II, a follow-up to the 2010 film about the formation of Facebook.

Disney+ Pulls The Abyss Over Controversial Rat Scene — Again

The film is reportedly based on The Facebook Files, The Wall Street Journal’s scathing series of articles about the social media titan published in October 2021. In those articles, it was revealed that Facebook permitted certain accounts to bypass company policies, dragged its feet in dealing with human trafficking networks on the platform, and ignored its own internal research into the harm Instagram was doing to teens’ mental health. Since the first Social Network created Oscar-worthy drama out of the Winklevoss twins suing Zuckerberg for allegedly stealing their idea—and the Facebook head honcho being a dick to co-founder and former friend Eduardo Saverin—this follow-up will surely have more than enough material to remind us how deleterious the company has been to the world at large.

It’s important to note that while the film is titled The Social Network Part II, sources told Deadline the movie will not be a direct sequel to the original film. There hasn’t even been any confirmation of Eisenberg returning to reprise his role as Zuckerberg, or that any of the original cast members will appear. What is reported is that the film will touch on Facebook’s influence on the 2020 U.S. presidential election. Sorkin has gone on record blaming the company for the January 6 attack on the nation’s Capitol.

Zuckerberg didn’t like the first Social Network, and I can’t imagine he’ll be too happy with the follow-up—especially if it essentially paints his greatest creation as a virus on humanity.

.



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Aaron Sorkin is making a second 'Social Network' movie
Product Reviews

Aaron Sorkin is making a second ‘Social Network’ movie

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We’re getting yet another Hollywood sequel. Deadline reports that Aaron Sorkin will be directing The Social Network II, a follow-up to the film that chronicled the development of Facebook and the ensuing lawsuit against Mark Zuckerberg. The next movie will take its inspiration from a 2021 investigation by The Wall Street Journal into the harms caused by Facebook and the company’s failure to address those problems.

Sorkin has a long career as a writer, including the screenplay for The Social Network, but only three credits as a director on his resume. There’s no production date for the movie at this time, and it’s unknown whether actors from the original will return to their roles, most notably Jesse Eisenberg as Zuck.

Facebook certainly provides no shortage of potential inspiration for a biopic. Just in the past six months, the platform dug a deeper hole for itself when it tried to quash a tell-all memoir with some pretty wild behind-the-scenes stories from a former employee. Facebook also eliminated its third-party fact checkers and gutted its own hate speech policy, which was unsurprisingly followed by an increase in violent content and harassment. But given all the negative hits for Facebook’s reputation, viewers may not be too excited about spending two hours or more stewing in all the crappy stuff the network has done.



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Aptos Labs and Jump Crypto launch decentralized hot storage network
NFT Gaming

Aptos Labs and Jump Crypto launch decentralized hot storage network

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Aptos Labs and Jump Crypto are teaming up to launch a new decentralized hot storage network dubbed ‘Shelby.’

In an announcement posted on X, the Aptos Labs team said Shelby will be web3’s first cloud-grade infrastructure and will offer access to decentralized, monetizable storage for data-rich applications. 

Shelby is designed to tap into Aptos (APT) to address the gap in existing decentralized infrastructure protocols, with its chain-agnostic architecture offering sub-second reads. Apart from millisecond settlement, Shelby ensures ease of access and monetization.

On why they are building the new cloud-grade storage protocol, Jump Crypto wrote on X:

“While blockchains today have mostly solved the ability to execute code, they cannot access large datasets. More importantly, they cannot SERVE large datasets at scale and speed. Hence, we are building Shelby.” 

web3’s value creation engine

Shelby will power real-time web3 applications, with notable use cases including streaming, artificial intelligence inference, composable in-game assets, social dynamic NFTs, and decentralized physical infrastructure networks.

“There is a large opportunity to unbundle large parts of the AWS bundle,” said Kyle Samani, managing partner at Multicoin Capital. “Ambitious swing here,” he added on X.

Early contributors and collaborators include Metaplex, an NFT platform on Solana (SOL), Pipe Network, a decentralized content delivery network on Solana, and Story, the world’s IP blockchain. Others include Myco, DoubleZero, and Flashback Labs, across streaming, infra, and AI respectively.

David Rhodus, founder of Permissionless Labs, a core contributor to the Pipe Network, also commented on the upcoming launch.

“We’re proud to be among the first builders on Shelby because its global high performance storage network makes more data available for the Pipe Network to serve at high throughput. Our Point of Presence nodes will ensure a smoother user experience because our DePIN enabled footprint provides large coverage of last mile endpoints in the areas where Shelby doesn’t have connectivity.”

Aptos will be Shelby’s early settlement layer, allowing for sub-second finality and high-throughput coordination, with real-time data access across any chain.



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GameFi Guides

Midnight Network Plots NIGHT Airdrop for Users of Bitcoin, Ethereum, Cardano and Beyond

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In brief

  • Midnight Network will hand out its NIGHT token to holders of Bitcoin, Ethereum, XRP, Cardano, and more.
  • The privacy-focused blockchain will make 100% of its 24 billion tokens available to claimers.
  • Eligible users include those with at least $100 worth of supported assets as of a June 11 snapshot.

Midnight Network, a privacy and data protection blockchain with connections to Cardano, will offer NIGHT tokens to users of Bitcoin, Ethereum, Solana, and other major networks as part of its launch airdrop. 

The protocol revealed its two-token system and “Glacier Drop”—a multi-phase token distribution event—plans in a 45-page tokenomics white paper on Monday. 

“Traditional tokenomic models rely on a single token and require users to spend tokens for every transaction, creating economic uncertainty due to token price volatility,” the paper reads. “Further, their initial token distributions often favor insiders and early investors, concentrating control among a small group while failing to provide the opportunity for broad, meaningful community participation.” 

To combat this, Midnight is providing up to 100% of its NIGHT token supply to its first token distribution phase–the Glacier Drop. During this phase, holders of more than $100 worth of the native tokens behind Cardano (ADA), Bitcoin (BTC), Ethereum (ETH), XRP Ledger (XRP), Solana (SOL), BNB Chain (BNB), Avalanche (AVAX), or Basic Attention Token (BAT) as of a June 11 snapshot will be eligible to claim NIGHT tokens. 



Of the 24 billion tokens available, 50% will be set aside for holders of ADA on Cardano, 20% is allocated to Bitcoin, and the remaining 30% will be split among the other eligible blockchains. 

Though claimable, these tokens will not all be tradable right away, and instead will need to “thaw” or vest in 25% increments every 90 days, for a total of 360 days. 

“During Glacier Drop, claimed tokens are allocated to eligible claimants, but are initially frozen (locked) in a redemption smart contract on the Cardano network, and will not be transferable before they gradually thaw (unlock) during the Redemption period,” the incentive paper reads.

Technically, 100% of the supply could be claimed during the token’s initial distribution phase, though it’s unlikely that all eligible users will claim theirs by the deadline. Cardano’s Charles Hoskinson previously indicated that the airdrop could reach as many as 37 million users when speaking at Consensus 2025 in May, but the token’s documentation does not make mention of the eligible user count. 

Any unclaimed NIGHT tokens will then move into a second phase called the Scavenger Mine.  During this phase, anyone who wishes to participate in the network by providing computational power can earn NIGHT tokens proportionally to the amount of power they provide. 

Last but not least, a final Lost-and-Found phase will allow eligible users from the Glacier Drop phase to claim a portion of their tokens in the event they missed the first distribution phase. Any tokens unclaimed after a four-year period will be allocated to the protocol’s on-chain treasury. 

Midnight Network’s privacy focus uses zero-knowledge proofs to securely allow for the selective disclosure of data, shielding wallets and transaction data while offering secure access to those who need it. 

The network is currently live on testnet. According to a timeline provided in the network’s incentives paper, its mainnet launch would not come until 90 days after the Glacier Drop. In addition to the NIGHT token, Midnight will also utilize a DUST token to execute transactions.

A representative for the Midnight Foundation did not immediately respond to Decrypt’s request for comment on the rollout of the Glacier Drop.

Edited by Andrew Hayward

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Pi Network price eyes strong rebound as rare pattern forms
GameFi Guides

Pi Network price eyes strong rebound as rare pattern forms

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Pi Coin’s steep decline since May reflects waning hype and thinning liquidity following its mainnet launch, but technical patterns and upcoming events suggest a potential reversal.

As volatility dries up and the price consolidates within a classic bullish wedge formation, momentum may return ahead of Pi Day 2 on June 28 and ongoing domain auction excitement.

While risks remain, the stage is quietly being set for a possible rebound driven by both chart signals and fresh ecosystem developments.

Technicals point to a Pi Network price comeback

Yes, Pi Coin (PI) crashed into a deep bear market after plunging by over 60% from its highest point in May. It dropped to $0.5370 on Saturday, June 21, with its 24-hour volume falling to $74 million from a peak of $3 billion after its mainnet launch in February. 

The eight-hour chart shows that the Pi Coin price jumped to a high of $1.6675 in May. This surge happened as investors waited for the promised ecosystem news during the Consensus event in Toronto. 

It then plunged after the developers launched Pi Network Ventures, a $100 million fund to invest in startups. 

The chart shows that the MACD indicator has continued falling, a sign that it is not volatile. Similarly, the three lines of the Donchian Channels have narrowed, also a sign that they are not volatile. 

A period of low volatility is often a sign of accumulation among investors, which results in a bullish breakout. 

Pi Network price has formed a falling wedge pattern, consisting of two descending and converging trendlines. A falling wedge is often a highly bullish reversal sign. 

The two lines of this wedge have narrowed, meaning that the coin may have a strong bullish breakout in the next few weeks. If this happens, the next potential target to watch will be $1, which is about 85% above the current level.

The bullish Pi Coin price forecast will be invalidated if it drops below the key support at $0.3940, its lowest point this month. 

Pi Network price chart | Source: crypto.news

Pi Day 2 could be a catalyst

Pi Network has some potential catalysts that may push it higher in the longer term. For example, it could gain traction ahead of Pi Day 2 celebration on June 28. 

Also known as Tau Day, it is an alternative to the main Pi Day on March 14. This commemoration will happen on the same day that the .pi domain auction ends. Pi Domains had over 123,000 active bids and over 3 million bids during the auction.

Another potential catalyst for Pi price is the ongoing ecosystem growth. In a note, the developers cited several applications that have launched on the network, including FruityPi, a fruit-matching game. Pi Network may also rebound as the odds of Federal Reserve cuts rise.

In a statement on Friday, Christopher Waller, a Fed Governor, said that the bank may cut rates as early as July, which may benefit Bitcoin and other coins.



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IOST price surges amid $21m raise to accelerate RWA growth
NFT Gaming

SEI price surges as Wyoming selects Sei Network for WYST stablecoin

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Sei price has spiked more than 13% in the past 24 hours amid news that the Wyoming Stable Token Commission has selected Sei “as a candidate blockchain” for the state’s upcoming stablecoin.

On June 19, as top coins led by Bitcoin (BTC) looked to rebound from the recent downturn, Sei (SEI) outpaced the top 100 cryptocurrencies by market cap. The SEI price jumped over 13% to hit an intraday high of $0.19, its highest level since June 12.

Why is SEI price up?

Sei Network’s native token appears to have surged following a key announcement from the blockchain project’s team.

Sei posted via X that the Wyoming Stable Token Commission had selected Sei as one of two candidate blockchains for the state’s fiat-backed stablecoin, WYST. 

Wyoming’s WYST is a fiat-backed stablecoin set to be deployed via LayerZero in July.

LayerZero Labs will be the issuance partner, with WYST issued via the interoperability protocol’s Omnichain Fungible Token standard.

The Wyoming state began testing the U.S. dollar-backed stablecoin in March, with testing across several blockchains. Apart from Sei, the other candidate blockchains, as indicated on the Commission’s WYST page are Aptos, Arbitrum, Avalanche, Base, Ethereum, Polygon, Optimism, Stellar, Solana, and Sui.

Sei Network is a layer-1 blockchain backed by Circle, Delphi Digital, Multicoin Capital, and Coinbase, among others.

Bullish sentiment around SEI surged following the Wyoming news, with daily trading volume up more than 91% to $175 million. Sei’s market capitalization climbed past $1 billion. The token reached its all-time high of $1.14 in March 2024.

Per data from DeFiLlama, the total value locked currently stands at $1.03 billion, while its stablecoin market cap sits at $213 million.



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Why is Pi Network token down today?
Crypto Trends

Why is Pi Network token down today?

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Pi Network continues its decline with a sharp daily drop, as the latest announcements fail to impress investors.

Pi Network (PI) is facing a challenging stretch. On Tuesday, June 17, the token dropped 11%, hitting a daily low of $0.5311 and wiping out its gains from the previous few days. A generally negative market trend further dampened enthusiasm for the network’s latest updates.

The two-day slide, which took Pi from a high of $0.6345 to its current level of $0.5450, began shortly after June 15. This timing coincided with an announcement that the .pi domain auctions would become a standalone app, separate from Pi mining.

The news failed to spark interest among Pi holders. Most remain far more engaged with the network’s core mobile crypto “mining” feature, which rewards users for app activity. However, those rewards continue to decline.

This caused users to complain that rewards are so low that engaging with the network is no longer worthwhile. Some users noted that by March 20205, even diligent miners could now only earn 2.1 Pi per month, which was less than $2.

As a declining mining rate is a core feature of the project, Pi Network will likely continue to bleed users and value. That is, unless the team inspires the users to become long-term holders and investors, instead of just trying to cash out their mining rewards.

PiChain password leak rocks the Pi ecosystem

The launch followed a security incident that shook the Pi Network ecosystem. PiChain Global, the company behind the Pi Chain Mall e-commerce platform, suffered a password leak, prompting an urgent warning for users to change their login credentials.

We’ve received reports of leaked Pi account passwords, which may allow unauthorized access to your Pi Browser and lead to asset theft. To secure your PCM account, please bind your email by following these steps:

1. Download PCM Wallet from the official website… pic.twitter.com/xeoU1Rjcrf

— PiChain Global (@pichainmall) June 16, 2025

PiChain Global, an online marketplace where users can buy and sell items using Pi tokens, is not officially affiliated with the Pi Network. Still, the password leak damaged trust in the broader Pi Network ecosystem.





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