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18 clusters · 24 sources · 102 days · First seen · Last updated

Pi Network token volatility continues amid protocol upgrades

Overview

Pi Network’s token continues to be weighed down by a relentless unlock schedule and a series of protocol upgrades that have yet to generate sustained demand. After a brief rally in May 2026 that saw the price around $0.17, scheduled releases pushed the token back toward $0.15 and eventually below $0.13. June-July activity added ecosystem tools like PiVerify, Pi Sign-In, and SoloHost, along with a $100 million venture fund, yet the price drifted lower, breaching $0.12 support and eventually falling to approximately $0.08 by mid-July. By late July, the Core team established an August 11 deadline for the Protocol 26 Mainnet upgrade. This penultimate upgrade is designed to enhance contract security, state management, and interoperability to support existing services like PiVerify and SoloHost. Node operators failing to meet the deadline face a loss of Mainnet connectivity. In early August, the token showed signs of volatility and modest recovery. Despite a circulating supply of approximately 10.99 billion PI and ongoing pressure from token releases outpacing demand, the price rose to roughly $0.091 amid anticipation of the Protocol 26 transition and reports regarding potential RoboPay utility. While the token has outperformed broader market movements recently, trading volume saw a decline of over 17% as traders await further evidence of adoption and potential exchange listings to support higher price levels. As the August 11 deadline arrived, the token experienced heightened volatility. After climbing above $0.096 earlier in the week, the price dipped below the $0.09 support level to trade around $0.086. Consequently, the market capitalization fell below $950 million, ranking the asset as the 67th largest cryptocurrency. Regarding the technical transition, node operators who failed to complete the Protocol 26 upgrade by the deadline faced disconnection from the network until the required software was installed.

Entities

Pi Network · Pi Core Team · PayPal · Pi Sign‑in · Binance

Timeline

  1. 4 days ago

    [TECHNOLOGY] 2 sources
    Pi Network community speculates on unconfirmed catalysts

    Unconfirmed rumors are circulating within the Pi Network community regarding a potential September 24 Mainnet announcement, participation in Token2049, and possible integration with PayPal.

  2. 4 days ago

    [TECHNOLOGY] 4 sources
    Pi Network price nears $0.10 ahead of Protocol 27 upgrade

    Pi Network price nears $0.10 as Protocol 27 enters Testnet testing, introducing enhanced smart contract authentication ahead of a potential September 15 Mainnet upgrade.

  3. 15 days ago

    [TECHNOLOGY] 2 sources
    Pi Network token faces volatility amid Protocol 26 upgrade

    Pi Network's PI token faces price volatility near $0.086 as the project implements its Protocol 26 upgrade, requiring Mainnet node operators to update software to avoid network disconnection.

  4. 18 days ago

    [BUSINESS] 4 sources
    Pi Network price rises amid Protocol 26 upgrade anticipation

    Pi Network's PI token rose 2.80% to $0.0910 amid anticipation for the Protocol 26 upgrade and new utility reports, even as trading volumes declined.

  5. 21 days ago

    [BUSINESS] 5 sources
    Pi Network price forecast 2026 as supply outpaces demand

    Pi Network trades near $0.08 with a $912 M market cap; recent 3.2% gain to $0.0859 highlights supply‑demand imbalance, while forecasts see prices ranging $0.10‑$3.00 by 2030.

  6. 27 days ago

    [TECHNOLOGY] 2 sources
    Pi Network sets Aug. 11 deadline for Protocol 26 Mainnet upgrade

    Pi Network's Protocol 26 upgrade must be completed by Aug 11 or nodes lose Mainnet access; the upgrade supports new products PiVerify, SoloHost and Pi Sign‑in, while the token trades near $0.083.

  7. about 1 month ago

    [BUSINESS] 2 sources
    Pi Network token price stays near $0.08 as supply overhang drowns out $1 hopes

    Pi Network token hovers around $0.08, trapped in a descending channel; heavy supply unlocks and limited utility keep $1 hopes unlikely.

  8. about 1 month ago

    [BUSINESS] 4 sources
    Pi Network Token Unlock Fuels Price Decline, Token Near Support Levels

    Pi Network price fell 3.8% to $0.083 as a 127.5 million‑token unlock over 30 days adds supply; broader crypto market also slipped, with resistance near $0.09 and support around $0.078.

  9. about 1 month ago

    [BUSINESS] 2 sources
    Pi Network token climbs after US inflation data, but daily unlocks pose risk

    Pi Network rose 17% to $0.082 after US CPI dip, then slipped to $0.078 despite app redesign; daily token unlocks and large supply dilution remain key risks ahead of the July 22 v25 upgrade.

  10. about 1 month ago

    [BUSINESS] 5 sources
    Pi Network token falls 15% as major unlocks push market cap below $1 billion

    Pi Network token slid 15% on July 13, dropping its market cap below $1 billion amid looming token unlocks and community criticism of the core team.

  11. about 2 months ago

    [BUSINESS] 2 sources
    Pi Network unveils PiVerify and faces token unlock pressure

    Pi Network launched PiVerify, Pi Sign‑In and SoloHost, but Pi coin fell to $0.1125 as July token unlocks of up to 103 million Pi threaten further price pressure.

  12. about 2 months ago

    [TECHNOLOGY] 3 sources
    Pi Network price forecast targets $0.12 support amid July token unlocks

    Pi Network trades near $0.128, with $0.12 support key as 103.7 M tokens unlock in July and open interest falls; Binance EU suspension tightens liquidity.

  13. 2 months ago

    [BUSINESS] 4 sources
    Pi Network token falls below $0.13 as 127.5 million PI unlocks approach

    Pi Network’s price fell below $0.13 to a new low near $0.119 as sellers dominate and a 127.5 million‑PI unlock looms, while net exchange outflows and wider crypto weakness add pressure.

  14. 2 months ago

    [TECHNOLOGY] 2 sources
    Pi Network node upgrade drives 9% PI token surge and launches app‑staking feature

    Pi Network’s Protocol v25 upgrade lifted PI token 9% to $0.14, while a new staking feature lets users boost app visibility in the ecosystem directory.

  15. 2 months ago

    [BUSINESS] 2 sources
    Pi Network's $100M Venture Fund Stays Opaque While Launchpad Overhaul Seeks Token Revival

    Pi Network's $100 M venture fund remains largely undisclosed as its 2026 Launchpad upgrade targets real utility for the PI token, which has fallen from $2.99 to about $0.13.

  16. 3 months ago

    [BUSINESS] 3 sources
    Pi Network token unlocks drive price below $0.15

    Pi Network price slips toward $0.15 as a 195 M token unlock and weak liquidity pressure the market.

  17. 3 months ago

    [TECHNOLOGY] 2 sources
    Pi Network pushes Protocol 23.0 migration deadline to May 19, 2026

    Pi Network extends its Protocol 23.0 migration deadline to May 19, adding node‑performance upgrades and new AI‑app tools.

  18. 4 months ago

    [BUSINESS] 3 sources
    Pi Network Passes 18.1 M KYC Checks While Migration Backlog Persists and Token Stalls Near $0.17

    Pi Network tops 18.1 M KYC checks, but a 1.4 M‑user migration backlog and weak $0.17 token price raise concerns.

Sources

ambcrypto.com · bitcoinethereumnews.com · blockonomi.com · calaboucodamorticiablog.wordpress.com · californianewswire.com · captainaltcoin.com · coinedition.com · coinfomania.com · coingape.com · coinpedia.org · crypto.news · cryptobreaking.com · en.coinotag.com · ethnews.com · geohive.com · memeburn.com · nnn.ng · recentlyheard.com · skoob.com · sonoranews.com · techbullion.com · themarketperiodical.com · tronweekly.com · watcher.guru

This summary has been updated 5 times: see revision history