Why did the price of PI go up?

Pi Network’s price increased by 2.84% in the last 24 hours, adding to a 17.09% gain over the past month. However, it’s still 39.89% below its highest point in the last 90 days. The main reasons behind this movement include positive technical signals, progress toward launching the mainnet, and overall optimism in the cryptocurrency market.

1. Technical Breakout Signals – Indicators like MACD and RSI suggest growing buying momentum.
2. Mainnet Progress – Successful Testnet 1 and node software updates have boosted confidence.
3. AI Collaboration – Partnership with OpenMind raises hopes for new uses of Pi.

Deep Dive

1. Technical Momentum (Positive Signs)

Overview: Pi’s price bounced back above important support levels, specifically the 23.6% Fibonacci retracement at $0.2685. The MACD indicator turned positive (+0.000848), and the RSI (14-day average: 50.22) shows a shift from neutral to slightly bullish momentum.

What this means: Breaking above the $0.233 support level indicates that buyers are stepping back in. If the price stays above $0.242 (the 50% Fibonacci level), it could aim for resistance near $0.268.

What to watch: Look for daily closing prices above $0.242 to confirm continued upward movement.

2. Mainnet Readiness (Mixed Signals)

Overview: Testnet 1 ran with almost no failures (CoinMarketCap), and the latest node software update (v0.5.4) improved reward accuracy and port verification (BSC News).

What this means: These improvements address previous reliability issues, making the network more trustworthy. Still, delays in launching the full mainnet since 2021 make some investors cautious.

What to watch: Keep an eye on the rollout schedule for Protocol v23 and any news about Pi being listed on exchanges.

3. AI Partnership Speculation (Potential Upside)

Overview: Pi Network’s collaboration with OpenMind to explore decentralized AI computing (Crypto.News) has sparked interest in new possible uses for Pi.

What this means: If Pi Nodes can earn rewards by providing computing power for AI tasks, demand for PI tokens could increase. However, this is still in early testing phases.

Conclusion

Pi’s recent price gains come from a combination of technical recovery and cautious optimism about network upgrades. The key question is whether PI can stay above $0.24 and turn Testnet successes into a fully launched and widely adopted mainnet.

What could affect the price of PI?

Pi’s price is caught between key network developments and market doubts.

1. Mainnet Launch (Q1 2025) – The Open Network launch could either boost Pi’s usefulness or reveal risks related to token supply.
2. Whale Accumulation – Top wallets hold over 371 million PI, suggesting strategic buying.
3. Token Unlocks – In November 2025, 121.5 million PI tokens will become available, which might lower the price.

Deep Dive

1. Open Network Launch & KYC Progress (Mixed Impact)

Overview:
Pi plans to launch its Open Network in the first quarter of 2025. To participate, users (called Pioneers) must complete identity verification (KYC) and move their tokens by February 28, 2025 (Pi Core Team). So far, over 13 million users have done this. However, delays or removal of fake accounts during this process could change how many tokens are actively circulating.

What this means:
If the launch goes smoothly, it could prove Pi’s value—like supporting decentralized AI projects such as OpenMind. But if deadlines are missed, it could raise doubts again. Past experience shows that PI’s price dropped 90% from its 2025 high ($2.98) when migration problems occurred, showing how sensitive the market is to these risks.

2. Whale Activity & Exchange Listings (Bullish)

Overview:
One large investor (a “whale”) holds about 371 million PI tokens, worth roughly $87 million, and has been buying more during price dips. Additionally, there are rumors that Binance, a major cryptocurrency exchange, is testing PI deposits (PiScan), which could increase trading activity.

What this means:
Big holders might be preparing for increased liquidity. Currently, PI’s daily trading volume is about $29.5 million, which is relatively low. Getting listed on major exchanges could increase price swings. However, since Pi isn’t yet on top exchanges, its price remains vulnerable to speculation rather than steady growth.

3. Token Unlocks & Technical Pressure (Bearish)

Overview:
In November 2025, 121.5 million PI tokens (worth about $28.6 million) will be unlocked, increasing the circulating supply by 2.4%. PI is currently trading below important moving averages (like the 30-day average of $0.233) and faces resistance around $0.268.

What this means:
Past token unlocks have led to price drops—for example, a 337 million token unlock in July 2025 caused a 26% decline. The Relative Strength Index (RSI) is at 54.49, indicating weak momentum to handle the new supply. If the price falls below $0.215, the yearly low, it could trigger faster declines.

Conclusion

Pi’s price depends on how well the network grows versus risks from token supply increases. The Open Network launch and whale-driven liquidity offer potential upside, while upcoming token unlocks and low trading volumes pose risks. Will Pi’s AI partnerships help balance inflation concerns, or will supply shocks take over? Keep an eye on KYC completion rates and exchange listing news for signs.

What are people saying about PI?

The Pi community is caught between excitement about its growing ecosystem and concerns about upcoming token releases. Here’s what’s trending right now:

1. New social features and AI partnerships are driving positive momentum 🚀
2. Large token unlocks could put downward pressure on the price 📉
3. Technical indicators suggest possible sharp price moves, either up or down ⚖️

Deep Dive

1. @drnicolas_: Pi Social Profiles Launch Sparks Optimism

"Create your Pi Social Profile, connect globally, and power Web3 journeys"
– @drnicolas (118K followers · 16.9K likes · Sept 3, 2025)
[View original post](https://x.com/drnicolas/status/1963215361232589168)
What this means: This is a positive sign for Pi because it encourages more user interaction and makes the network more useful, which is key for wider adoption.

2. @dorisyincpa: Pi2Day Hype Boosts AI-Related Optimism

"Pi’s integration with AI could capture a $160 billion market by 2030"
– @dorisyincpa (346K followers · 11.6K likes · Oct 24, 2025)
View original post
What this means: People are optimistic because Pi is positioning itself at the intersection of AI and blockchain, a fast-growing area. However, there are still risks in how well these plans will be executed.

3. @Dr_Picoin: Token Unlocks Raise Concerns

"June-July unlocks of 496 million PI tokens ($117 million) may flood markets with sell pressure"
– @Dr_Picoin (46.6K followers · 7.1K likes · May 30, 2025)
View original post
What this means: This is a warning sign for Pi’s price because releasing so many tokens at once increases supply, which can push prices down—especially since technical support around $0.55 is weak.

Conclusion

The overall outlook for Pi is mixed. On one hand, new features like smart contracts (v23) and AI partnerships show promise for long-term growth. On the other hand, large token unlocks totaling over $220 million in 2025 and weakening price momentum pose short-term risks. Keep an eye on the $0.23 support level—if the price falls below this, declines could speed up; if it holds, it might indicate buyers stepping in. The big question remains: can Pi’s strong community help weather these challenges?

What is the latest news about PI?

Pi Network is making important technical improvements while facing some market challenges. Here’s a quick update:

1. Testnet 1 Success (November 10, 2025) – The network handled millions of transactions with almost no errors, which increased investor confidence.
2. Node Version 0.5.4 Released (November 10, 2025) – This update improved how rewards are calculated and verified for decentralized AI tasks.
3. Price Movement (November 10, 2025) – Technical signs suggest a possible price increase, but limited trading activity could hold it back.

In-Depth Look

1. Testnet 1 Success (November 10, 2025)

What happened:
Pi Network’s Testnet 1 achieved a 99.9% success rate in processing millions of test transactions with very few errors. This shows the network is nearly ready for its mainnet version 23 launch, which will support large-scale financial and computing operations.

Why it matters:
This is good news for PI because a strong testnet means fewer risks when launching the main network, boosting trust among investors. After the announcement, PI’s price rose 3.5% to $0.24, and trading volume jumped 20%. However, only 296 nodes are currently active on the mainnet, raising concerns about how decentralized the network really is.
(Source: Crypto.News)

2. Node Version 0.5.4 Released (November 10, 2025)

What happened:
This update improved how mining rewards are calculated and added better verification for open network ports. It also integrated Pi App Studio into Pi Desktop. A new system now tracks node contributions more accurately, which is important for moving rewards to the main network.

Why it matters:
This update is neutral for PI’s price. It strengthens the network’s infrastructure for decentralized AI projects—tested with 350,000 nodes for image recognition—but developer interest seems to be slowing. For example, WorkforcePool, a popular app from a recent hackathon, is up for sale due to slow growth in the ecosystem.
(Source: BSC News)

3. Price Movement (November 10, 2025)

What happened:
PI is trading at $0.23, up 3% in the last 24 hours but down 39% over the past 90 days. A chart pattern called “cup-and-handle” suggests the price could rise if it breaks above $0.26 resistance. However, the Chaikin Money Flow indicator is negative, showing weak buying interest.

Why it matters:
This is cautiously hopeful for PI. If the price stays above $0.26, it might reach $0.30. But low trading volume ($29.5 million in 24 hours) and a large number of tokens (130 million) becoming available soon could limit gains. Experts warn there’s a risk of a short-term price bounce followed by a drop if overall crypto market sentiment worsens.
(Source: CoinGape)

Conclusion

Pi Network is making solid technical progress, but market doubts remain. While Testnet 1 and node updates show the project is moving forward, low liquidity and fewer active developers highlight challenges in growing the ecosystem. The big question is: Will OpenMind’s decentralized AI applications generate enough demand to balance out the upcoming token unlocks?

What is expected in the development of PI?

Pi Network’s roadmap highlights key technical improvements, ecosystem growth, and the integration of decentralized AI.

1. Mainnet v23 Launch (Q4 2025) – Upgrades to improve scalability and meet regulatory standards.
2. Decentralized AI Integration (2026) – Using Pi’s network nodes to support AI tasks.
3. Node Version 0.5.4 Update (November 2025) – Better rewards and system stability.
4. Testnet 2 Rollout (Q1 2026) – Final testing phase before expanding the main network.

Deep Dive

1. Mainnet v23 Launch (Q4 2025)

Overview: After a successful Testnet 1 with a 99.9% transaction success rate, Pi Network is preparing Protocol v23. This update combines Stellar’s blockchain design with built-in identity verification (KYC) and compliance features. The goal is to fix current limits on network growth and comply with regulations.
What this means: This is a positive step toward wider adoption, especially by institutions that require compliance. However, delays in moving nodes to the new version or technical issues during launch could cause short-term setbacks.

2. Decentralized AI Integration (2026)

Overview: Pi Network is partnering with OpenMind to use its 350,000+ nodes for AI processing tasks like image recognition. A case study to prove this concept is expected by late 2025 (OpenMind).
What this means: This adds a new use for Pi beyond just payments, which is promising. Still, the success depends on ongoing participation from node operators and clear benefits for users.

3. Node Version 0.5.4 Update (November 2025)

Overview: This update fixes issues with reward timing, improves network connection checks, and makes Pi Desktop easier to use. It also adds a port-tracking system to better verify node activity.
What this means: This should boost confidence among node operators by ensuring fair rewards, which might reduce the urge to sell Pi tokens. The impact depends on how many nodes adopt the update.

4. Testnet 2 Rollout (Q1 2026)

Overview: Testnet 2 will test decentralized finance (DeFi) features like token swaps and liquidity pools, building on the stability shown in Testnet 1. This is a key step to prove Pi can support DeFi applications.
What this means: There’s a lot to gain if successful, as it could attract developers and users. But if it fails to gain traction, doubts about Pi’s usefulness could grow.

Conclusion

Pi Network is focusing on strengthening its infrastructure (v23), exploring AI partnerships, and preparing for DeFi. While these efforts could open new opportunities, challenges like low liquidity and proving real-world value remain. Will Pi’s commitment to compliance and decentralized computing lead to steady growth, or will delays continue to slow progress?

What updates are there in the PI code base?

Pi Network made important updates to its software in the last quarter of 2025, focusing on improving how nodes operate, upgrading the blockchain protocol, and providing better tools for developers.

1. Pi Desktop v0.5.4 (Nov 6, 2025) – Improved rewards for node operators, security features, and app integration.
2. Protocol v20 Testnet Upgrade (Sep 12, 2025) – Set the stage for smart contracts and identity verification (KYC).
3. Rust SDK Update (Oct 1, 2025) – Made it easier for developers to build Pi apps with secure login and payment features.

Deep Dive

1. Pi Desktop v0.5.4 (Nov 6, 2025)

Overview:
This update renamed Pi Node to Pi Desktop, combining mining, node management, and app development tools into one platform. It introduced a better system to calculate rewards for node operators and fixed issues with app previews.

Technical Improvements:

• Added checks to verify open network ports for accurate reward tracking.
• Allowed approved external links to open directly within the desktop app.
• Fixed bugs related to automatic updates and block processing.

What this means:
This update is positive for PI because it makes running a node simpler, increases transparency around rewards, and improves the overall user experience. Node operators now have clearer reasons to help secure the network.
(Source)

2. Protocol v20 Testnet Upgrade (Sep 12, 2025)

Overview:
Pi Network started upgrading its blockchain protocol from version 19 to 20 on the Testnet, which is a testing environment before full release. This is part of a step-by-step plan leading up to version 23.

Technical Improvements:

• Prepared the system for on-chain identity verification (KYC).
• Made the protocol compatible with Stellar’s version 23, enabling future smart contract support.

What this means:
This update is neutral for PI right now because it lays the groundwork for future features. If successful, it could allow decentralized identity and finance applications. However, delays could slow down progress on the main network.
(Source)

3. Rust SDK Update (Oct 1, 2025)

Overview:
The Pi Apps team released an update to their Rust software development kit (SDK), which helps backend developers add secure login (OAuth) and payment functions to Pi apps.

Developer Impact:

• Simplifies adding Pi authentication and payments to applications.
• Supports building decentralized apps (dApps) with secure transaction processes.

What this means:
This is good news for PI because it makes it easier for developers to create useful apps on the Pi Network, which could help the ecosystem grow faster.
(Source)

Conclusion

Pi Network’s recent updates focus on strengthening its infrastructure (better node rewards and protocol upgrades) and empowering developers with improved tools. While these technical improvements are promising, PI’s market price has dropped 41% over the past 90 days, indicating some skepticism about how quickly these changes will lead to widespread adoption.

Which ecosystem metrics will show if these updates are turning into real-world use?