+7.97% for Pi as volatility rises after protocol rollout and token unlock

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Pi jumps 7.97% today to $0.1901

Highlights

Pi Network's mainnet upgrade to Protocol 20 adds smart contract functionality based on Stellar, expanding ecosystem capabilities.
A 16 million token unlock and Kraken listing support ongoing efforts to increase Pi Network's utility and liquidity.
Recent price action shows PI fluctuating within a $0.1785–$0.2206 range, with technical signals favoring sideways movement and potential for near-term declines.

Ecosystem utility expands as smart contracts launch with major upgrades

The Pi Network Core Team has completed the mainnet upgrade to Protocol 20, introducing smart contract capabilities built on the Stellar blockchain framework. This development enables decentralized applications and expanded services within the Pi ecosystem. The recent rollout is also accompanied by a 16 million token unlock and a new listing on Kraken, supporting progress toward ecosystem utility and feature expansion.

Momentum divergence emerges as intraday volatility intensifies

Momentum signals on the D1 timeframe are mixed: MACD gives a strong buy, while ADX is also bullish with a reading above 31, indicating firm trend strength. However, RSI and CCI are both in sell territory (RSI at 44.98, CCI at -70), and Stoch RSI is oversold, showing near-term weakness, while BBP at -0.0160 points to ongoing seller dominance intraday. The strong advance today (up 7.97%) came without a gap between sessions, with price now near the daily high in a volatile session. Intraday, the market shows renewed strength after the open but oscillators and momentum signals diverge, highlighting a lack of consensus across indicators.

Near-term downside risk grows as probability of rally fades

Looking ahead, the expected trading range over the next five days is $0.1785 – $0.2206, consistent with typical volatility and keeping the current price within this corridor. The probability of a price increase is very low (less than 20%), making a near-term decline the more likely outcome, given bearish signals from W1 MACD and RSI. Baseline scenario: PI fluctuates sideways between support and resistance. Bullish case: a breach above $0.2270 would open the path toward $0.2206 and higher, while a move below $0.1785 could trigger further downside toward previous support levels.

Viktoras Karapetjanc, expert at Traders Union, sees medium-term resilience in Pi despite near-term volatility. He believes the mainnet upgrade and smart contract launch are major steps for network adoption, even as price momentum is mixed. Sellers remain strong, but ecosystem expansion and new Kraken listing reflect growing long-term potential. Upside risk is limited in the short run, but the broader trend is constructive. "Pi has laid strong fundamentals for future growth — any pullback presents an opportunity to accumulate for patient investors."

Earlier, analysts noted that Pi Network continued to face persistent seller pressure and a lack of clear bullish reversal despite ongoing ecosystem development. The latest technical and on-chain updates reinforce this cautious outlook, making near-term downside risk the primary scenario while traders should remain attentive to the $0.1785 support for confirmation of stabilization or further weakness.

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

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.