+7.82% for Pi as ecosystem utility grows with Protocol Version 24 rollout

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Pi surges 7.82% today to $0.131

Highlights

Pi Network's completion of Protocol Version 24 and smart contract integration in 2026 strengthens its ecosystem and real-world readiness.
Mainnet wallet adoption is a key focus, yet $PI token liquidity remains constrained by ongoing exchange listing reluctance.
$PI shows short-term bullish momentum with an expected trading range of $0.1239–$0.1381 and 71% probability of near-term upside.

Ecosystem expansion advances as network upgrades meet exchange caution

Pi Network’s technical upgrades in the first half of 2026, including the completion of Protocol Version 24 and integration of smart contract support, expand the ecosystem’s capability and readiness for real-world applications. This rollout, as reported by official project channels, enhances both security and performance, and encourages users to establish Mainnet wallets — a critical step for future asset interactions. Though the Pi Network community is pressing for clarity on timelines and roadmapping, major exchanges remain hesitant to list the $PI token, limiting broader liquidity and adoption.

Limited upside seen as technical boundaries clash with mixed momentum

The MA-20 at $0.1262 and MA-50 at $0.1244 both sit below the current price, while the MA-200 remains well above at $0.1854, defining a ceiling on long-term gains. Ichimoku Kijun at $0.1267 offers an immediate technical support, while momentum indicators MACD and ADX register Buy signals. The RSI reads 63.24 and CCI is overbought, both suggesting elevated conditions, but Stoch RSI indicates a Strong Sell, marking clear oscillator divergence. BBP reflects intraday buyer strength, supported by a bullish Awesome Oscillator.

Consolidation favored as bullish probability weighs on breakout risks

In the short term, PI is likely to trade within a typical volatility band of $0.1239 to $0.1381 over the next two to three days. The probability of an upward move is estimated at 71%, with downside chances at 29%. The baseline scenario anticipates price consolidation within this range, with a bullish breakout potentially targeting levels above $0.1381, while a bearish move could force a test below $0.1239 and immediate support areas.

Viktoras Karapetjanc, senior analyst at Traders Union, sees Pi Network’s upgrade to Protocol Version 24 as a material step toward ecosystem maturity. The analyst notes strong community demand for project transparency, which, paired with ongoing reluctance from major exchanges, shapes sentiment and limits upward momentum. Karapetjanc believes the protocol’s enhanced functionality and robust user base form a sound foundation for future adoption. He expects price consolidation to continue, with a bullish breakout possible if liquidity constraints ease. "With clear technical progress and growing developer activity, I remain confident in PI’s medium-term upside potential if exchange support improves."

Previously it was reported that Pi was under sustained bearish pressure despite active network upgrades and ecosystem milestones. The latest surge above key moving averages marks a notable shift in sentiment, but with overbought oscillator signals and ongoing exchange listing challenges, traders should closely monitor potential volatility as the market tests the upper end of its short-term trading band.

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.