Pi gains 7.43% as mainnet node upgrade and token refunds lift trading sentiment

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Pi surges 7.43% to $0.1444 today

Highlights

Pi Network has announced a mandatory mainnet node upgrade with a February 15, 2026 deadline, warning non-compliant nodes risk disconnection.
The network released 59.4 million Pi tokens into circulation to boost liquidity, test ecosystem resilience, and commenced refunds of previously staked Pi to users.
PI is trading at $0.1444 below major moving averages (MA-20 $0.1566, MA-50 $0.1846, MA-200 $0.2570), with bearish momentum and a critical support at $0.1350.

Liquidity boost and governance shift as network upgrades accelerate

Pi Network has announced a mandatory mainnet node upgrade with a completion deadline of February 15, 2026, warning that node operators not meeting the requirement risk disconnection. Recent infrastructure updates include deploying upgraded node software, initiating significant future updates, and releasing 59.4 million Pi tokens into circulation to boost liquidity and test ecosystem resilience. The project has also started refunding previously staked Pi to users and opened the 2026 Open Mainnet Vote, enabling community members to participate in network governance decisions.

Bearish momentum persists as oversold signals diverge

Momentum indicators remain weak on the daily chart: the MACD and ADX both underscore ongoing bearish conditions, with further downside risk signaled by the MACD. RSI (25.42) and CCI (-118) mark oversold zones, while the Stochastic RSI provides a strong buy signal, highlighting a divergence between negative price action and oversold oscillator readings. Bull/Bear Power is modestly negative (-0.0095), suggesting slight intraday seller dominance, while the Awesome Oscillator is neutral and does not clearly back the current trend. Intraday volatility is high, as price action has ranged from an opening at $0.1357 to trading near today's high of $0.1429, indicating a late-session push from buyers.

Downside risk elevated as weekly technicals reinforce bearish outlook

Over the coming week, PI is expected to trade within a volatility band between $0.1350 and $0.1550 relative to current levels. The probability of a price increase remains very low (less than 20%), as technical signals from the weekly RSI, MACD, and ADX are uniformly bearish. Baseline expectations point to consolidation within this corridor, while a bullish move would require a break and sustained hold above $0.1674 (Kijun resistance). A drop below $0.1350 would confirm further downside risk and could accelerate selling pressure.

Viktoras Karapetjanc, analyst at Traders Union, sees the recent Pi Network node upgrade announcement as a strong macro and fundamental catalyst. He notes that technical momentum is still negative short term, but high volatility and a wave of infrastructure changes bolster longer-term confidence. The analyst expects price to consolidate, with any rally needing to clear $0.1674 for validation. Although chart signals are weak now, he remains optimistic about the project’s future resilience. "I believe Pi’s ongoing upgrades and expanding governance point to lasting growth potential once technical resistance is overcome."

Previously it was reported that Pi Network (PI) remains under short-term and long-term moving averages, with a steep daily decline and high volatility positioning it bearishly relative to key technical thresholds. Despite a MACD buy signal and a neutral-to-bullish RSI, trend strength is weak, oscillators are mixed, and price action suggests prevailing selling pressure, with support near the 50-day average and resistance at the Ichimoku Kijun.

Source of Data: PI Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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