Pi Network Price Hovers Below $0.10 Before the Upgrade of Protocol 27 Mainnet
2026-08-24 16:56:27
According to CoinMeta, before the mainnet upgrade of Protocol 27, the price of Pi hovered around $0.0880 on Monday, despite a rise of over 6% last week. Although the cryptocurrency is still above $0.0800, it faces resistance below $0.1000. Despite recent gains, momentum indicators suggest that Pi has not yet generated sufficient buying pressure to sustain a breakthrough. Developers are preparing for the network upgrade, which may introduce additional authentication capabilities for applications and transactions. The core team of Pi announced on Saturday that Protocol 27 has been released on the testnet, with a goal of launching it on the mainnet on September 15th. This upgrade may expand the authentication options for applications, although its direct impact on token prices remains uncertain. Market participants will be watching progress towards the September deadline as well as the broader state of the crypto market.
Source:CoinJournal
This content is for market information only and does not constitute investment advice.
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