What could affect the price of PI?

Pi’s price is caught between technical upgrades, token unlocks, and risks within its ecosystem.

1. Mainnet Migration Deadline (Feb 2025) – Delays in identity verification (KYC) and missed deadlines could reduce the available supply of Pi.
2. Node Upgrades & Protocol v23 – Technical improvements may increase Pi’s usefulness but face challenges in getting users and developers on board.
3. Token Unlocks & Liquidity – Over 4.5 million Pi tokens unlocking every month could increase selling pressure.

Deep Dive

1. Mainnet Migration & KYC Compliance (Mixed Impact)

Overview:
Pi has extended its deadline for users to complete identity verification (KYC) and move their tokens to the Mainnet until February 28, 2025. Users who miss this deadline will lose access to any Pi mined more than six months ago, which could reduce the number of tokens available for trading. However, delays in KYC approvals (reported by PiScan) and low activity on the Mainnet (only 296 active nodes as of November 7, 2025) show there are challenges in fully launching the network.

What this means:
If Pi successfully completes the migration, it could strengthen trust in the project and limit fears of too many tokens flooding the market. But if delays continue, confidence might drop, pushing prices below a key support level of $0.21 (Crypto.News).

2. Node Upgrades vs. Ecosystem Strain (Bullish/Bearish)

Overview:
The recent Pi Node v0.5.4 update (November 2025) fixed performance issues and added support for external links, preparing for the upcoming Protocol v23, which aims to integrate with Stellar Core technology. Despite these improvements, some developers are discouraged—like WorkforcePool, which exited due to high costs—and decentralized apps (dApps) on Pi are not gaining much traction.

What this means:
Better infrastructure could attract developers over time, but right now, the lack of active apps and a stagnant price around $0.22 (Yahoo Finance) suggest skepticism remains.

3. Token Unlocks & Market Sentiment (Bearish)

Overview:
Each month, about 4.5 million PI tokens become available for trading, up from 4 million in October 2025 (PiScan). At the same time, Pi’s price has dropped nearly 47% over the past 90 days, which could increase selling pressure.

What this means:
If demand doesn’t keep up with these new tokens entering the market, Pi’s price could fall toward $0.19. However, technical indicators like the Relative Strength Index (RSI) at 41.17 suggest there might be short-term price rebounds (CoinMarketCap).

Conclusion

Pi’s price depends on how well it balances progress in migration and managing token supply. Keep an eye on the February 2025 KYC deadline and the rollout of Protocol v23 to see if demand can stay strong. The key question is whether Pi’s ecosystem growth can outpace the number of tokens being unlocked, or if increased supply will weigh down the price.

What are people saying about PI?

The Pi community is caught between hope and frustration. Here’s what’s making waves right now:

1. $1,000 by 2030? – Bitget’s bold prediction is sparking debate.
2. Token unlocks coming soon – 272 million PI tokens will enter the market in July, which could push prices down.
3. Mixed technical signals – A falling wedge pattern suggests a possible recovery, but moving averages point to a bearish trend.

In-Depth Look

1. @johnmorganFL: Falling Wedge Breakout Could Push Price to $0.64 — Bullish Signal

"Pi Coin open interest hits $25M as Stoch RSI flashes buy signal. A breakout above $0.64 could trigger a 35% rally."
– @johnmorganFL (35.2K followers · 12K impressions · July 18, 2025)
See original post
What this means: Traders using technical analysis see a positive setup if PI stays above $0.40. However, because the market has low liquidity, price swings could be more extreme.

2. CoinMarketCap Post: 272M Token Unlock in July Could Weigh on Price — Bearish Signal

"July’s token unlock could flood markets, pushing PI below $0.40 if demand doesn’t keep up."
– Anonymous user (posted July 7, 2025 · 8.2K views)
See original post
What this means: There’s a risk of downward pressure as 630 million PI tokens are scheduled to unlock over the next 90 days (source). This could increase supply and lower prices if demand doesn’t rise accordingly.

3. Bitget Analysis: Could PI Reach $1,000 by 2030? — Mixed Outlook

"Bitget analysts say PI might hit $1,000 by 2030 if global adoption speeds up, but most tokens are still locked."
– Cited by Economic Times (posted July 7, 2025 · 15K views)
See original post
What this means: While this ultra-bullish forecast excites some, the current reality is very different—PI is trading at $0.229, down more than 86% over the past year.

Conclusion

The outlook for Pi is mixed. There’s long-term optimism fueled by big price predictions, but near-term risks from token unlocks and the lack of listings on major exchanges like Binance keep investors cautious. Keep an eye on the July 27 GCV event in India—any announcements about real-world use cases could change the momentum.

What is the latest news about PI?

Pi Network is balancing technical improvements with market ups and downs. Here’s the latest update:

1. Node Upgrade (November 6, 2025) – Better features and security for desktop users
2. Price Stability (November 7, 2025) – Signs point to a possible price floor forming
3. AI Partnership (October 30, 2025) – Collaboration with OpenMind uses node power for robotics

In-Depth Look

1. Node Upgrade: Pi Desktop v0.5.4 (November 6, 2025)

What happened:
Pi Network released Node v0.5.4, now called “Pi Desktop.” This update combines mining, node management, and app development tools into one easy-to-use platform. It also adds more accurate reward tracking, automatic updates, and support for external links. These changes aim to improve the user experience ahead of the big Protocol v23 mainnet launch planned for late 2025.

Why it matters:
This upgrade is a positive step for Pi’s usefulness because better node features can strengthen network security and attract developers. However, some users are worried about the high costs of running nodes and delays in identity verification (KYC), which might slow down how quickly new people join. (CoinMarketCap)

2. Price Support Holds at $0.21 (November 7, 2025)

What happened:
The price of PI stabilized around $0.21, an important support level based on technical analysis, after briefly dropping to $0.19. Trading volume increased by 39% over 24 hours, and price patterns suggest buyers are stepping in. The next resistance level to watch is $0.25.

Why it matters:
This is a neutral sign in the short term. While it looks like sellers are losing momentum, PI’s price is still 93% below its highest point ever. If the $0.21 support breaks, the price could fall back to $0.19, where a large number of tokens (4.5 million) are set to unlock each month, possibly increasing selling pressure. (crypto.news)

3. OpenMind AI Partnership (October 30, 2025)

What happened:
Pi Network Ventures invested in OpenMind, a company building decentralized AI-powered robotics. Over 350,000 Pi nodes will provide computing power to help train AI models. This marks Pi’s first major move into AI infrastructure.

Why it matters:
This is a cautiously optimistic development for the long term. Using idle node resources for AI could create new demand for PI tokens. However, a recent sale by WorkforcePool, a Pi Hackathon winner, shows some stress in the ecosystem and raises questions about short-term returns. (Yahoo Finance)

Conclusion

Pi Network is advancing technical upgrades and AI partnerships to address falling prices and developer drop-off. While these moves show strategic shifts, the big question remains: Will these efforts be enough to solve ongoing liquidity problems before the Protocol v23 mainnet launch?

What is expected in the development of PI?

Pi Network’s roadmap is focused on growing its ecosystem, upgrading its technology, and preparing for the launch of its Open Mainnet.

1. Protocol v23 Upgrade (Q4 2025) – Completing the move from Testnet to Mainnet by integrating Stellar Core technology.
2. GCV Roadmap Clarification (2026) – Defining Pi’s Global Consensus Value, a new way to link Pi’s value to real-world assets.
3. $100M Ecosystem Fund Deployment (Ongoing) – Supporting the development of apps and services that use Pi.

Deep Dive

1. Protocol v23 Upgrade (Q4 2025)

Overview:
Pi Network is currently updating its Testnet through several versions (v19 to v22) to improve smart contracts and network nodes. The next big step is moving to Stellar Core v23 (Pi Blockexplorer), which will help Pi scale better and work smoothly with other blockchain networks.

What this means:
This upgrade is a positive sign for Pi’s technology, as connecting with Stellar’s ecosystem could attract more developers. However, delays in finalizing how the network reaches agreement (consensus) could slow down progress.

2. GCV Roadmap Clarification (2026)

Overview:
Users have asked for more details about Pi’s Global Consensus Value (GCV)—a plan to tie Pi’s value to real-world assets. The Pi Core Team mentioned they will provide an update on this in 2026 during Token2049 (Dr Altcoin).

What this means:
Clear information about GCV could increase investor trust by explaining how Pi’s value is determined. On the downside, unclear timelines and reliance on new economic ideas might keep some investors cautious.

3. $100M Ecosystem Fund Deployment (Ongoing)

Overview:
Started in June 2025, this fund supports startups building on Pi, with over 21,000 apps already available. Key focus areas include decentralized finance (DeFi), artificial intelligence (AI) features, and .pi domain services (Pi2Day 2025).

What this means:
This funding helps encourage innovation, which is good for Pi’s future. However, Pi’s price has dropped 46% this year, reflecting concerns about the quality of apps and too many tokens entering the market during ongoing network changes.

Conclusion

Pi’s roadmap aims to improve its technology while expanding its community and app ecosystem. Still, there are risks in delivering these plans on time. Keep an eye on how the Protocol v23 upgrade affects the Mainnet and what details emerge about the GCV. Will Pi’s community-driven approach overcome challenges with liquidity and adoption?

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What updates are there in the PI code base?

Pi Network’s software is getting steady improvements that boost node performance, security, and help grow its ecosystem.

1. Node v0.5.4 Upgrade (Nov 6, 2025) – Better reliability, improved rewards system, and easier access to external links.
2. Testnet Protocol v23 (Sep 19, 2025) – Updated to Stellar Core for better compliance and scalability.
3. Linux Node Launch (Aug 29, 2025) – Added support for Linux with automatic updates.

Deep Dive

1. Node v0.5.4 Upgrade (Nov 6, 2025)

Overview: Pi Desktop (previously called Pi Node) now combines mining, node management, and Pi App Studio into one easy-to-use interface.

• Technical Improvements: Fixed issues with app previews, improved how node rewards are calculated, and added open-port checks to securely track bonuses. Users can now open external links like blogs and resources directly from the app.
• What this means: This update makes using Pi smoother and more transparent, which is good news for users running nodes. It simplifies tasks and helps ensure rewards are fairly tracked. (Source)

2. Testnet Protocol v23 (Sep 19, 2025)

Overview: The Testnet was upgraded to Stellar Core v23 and Horizon v23, aligning Pi Network with Stellar’s latest technology to support smart contracts.

• Technical Improvements: This prepares Pi for on-chain identity verification (KYC) and future decentralized apps (dApps). The upgrade is rolling out gradually across Testnet1, Testnet2, and eventually the Mainnet.
• What this means: While this won’t have an immediate impact, it’s a positive step toward making Pi more compliant with regulations and compatible with other blockchain platforms. (Source)

3. Linux Node Launch (Aug 29, 2025)

Overview: Pi Nodes now support Linux, responding to demand from node operators and exchanges.

• Technical Improvements: The software is standardized with automatic updates, reducing the need for manual maintenance. This is part of the broader upgrade to protocol v23.
• What this means: Supporting Linux helps diversify the network’s infrastructure, attracts more professional validators, and strengthens the network’s decentralization. (Source)

Conclusion

Pi Network’s recent updates focus on making the network more decentralized, secure, and scalable. Although the price remains steady at around $0.23 as of November 7, 2025, these improvements set the stage for wider use. It will be interesting to see how the Mainnet migration responds to better node rewards and Linux support.

Why did the price of PI go up?

Pi Network’s price increased by 5.76% over the past 24 hours, outperforming the overall crypto market, which rose by 3.74%. This price boost is linked to strong technical support levels and recent updates within the Pi ecosystem.

1. Node Upgrade (Positive Impact) – Pi Desktop version 0.5.4 was released, improving how nodes work and enhancing security.
2. Technical Support (Mixed Impact) – The price held steady around $0.21, encouraging some short-term buying.
3. Market Sentiment (Mixed Impact) – Despite general fear in the crypto market, traders shifted attention to altcoins like Pi.

Deep Dive

1. Node Upgrade & Ecosystem Momentum (Positive Impact)

Overview: On November 6, Pi Network launched Node v0.5.4, now called “Pi Desktop.” This update improves node performance, accuracy in rewards, and security. Currently, over 350,000 nodes are involved in AI-related tasks through a platform called OpenMind.
What this means: These upgrades show progress toward making Pi more useful in real-world applications, addressing past concerns about slow development. Better node features might encourage users to stay involved longer, reducing the pressure to sell. However, some community members remain frustrated by delays in identity verification (KYC) and the high costs of running nodes.

2. Technical Support & Price Stability (Mixed Impact)

Overview: Pi’s price stabilized near $0.21, which aligns with a key technical level known as the 0.618 Fibonacci retracement. After briefly dropping to $0.19, buyers stepped in to defend this price. The Relative Strength Index (RSI) at 41.8 suggests there’s room for the price to recover.
What this means: Traders who use technical analysis likely saw $0.21 as a good entry point. The MACD indicator also turned positive, signaling short-term upward momentum. However, Pi’s price is still below important moving averages (like the 7-day average of $0.23), meaning the overall downward trend hasn’t changed yet.

3. Market-Wide Fear & Altcoin Rotation (Mixed Impact)

Overview: The overall crypto market is still in a “Fear” state, with a low sentiment index of 21. Despite this, altcoins have seen a 21.74% increase in activity over 24 hours. Pi’s trading volume jumped 40% to $36.8 million, outperforming Bitcoin’s slight decline.
What this means: Pi likely benefited from traders moving their investments into undervalued altcoins. However, Pi’s price has dropped nearly 46% over the past 90 days, and its market cap of $1.9 billion limits how much it can rally without stronger fundamentals.

Conclusion

Pi’s recent price rebound is driven by technical buying, optimism around the new node upgrade, and increased interest in altcoins. Still, challenges like upcoming token unlocks and low liquidity remain. Key point to watch: Will Pi hold above $0.23 (the 7-day moving average) to confirm a trend reversal, or will the large token unlock on November 6 trigger more selling?