pinetworkmainnet

While everyone keeps asking “When Binance?”, the more important Pi Network event is happening today, August 11.
Pi Network’s Protocol 26 upgrade deadline has arrived. Mainnet node operators that haven’t completed the required upgrade risk being disconnected until they update. The upgrade focuses on areas including contract security, state management and cryptographic capabilities.
And here’s what makes this interesting:
$PI recently showed renewed momentum around the upgrade narrative, with reports of the token outperforming the broader market during the buildup.
But I’m not chasing the candle.
I’m watching what happens after today’s deadline.
If network progress keeps accelerating and attention survives after the event, $PI, could stay on traders’ radar.
If hype disappears immediately after the upgrade? Classic buy-the-rumor, sell-the-news setup.
👀 What matters more for $PI, next: Protocol 27 or a major exchange listing?
#PiNetworkMainnet #CryptoNews $PI
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Pi Network at $0.11: Brutal Capitulation or a Masterclass in Web3 Re-Branding?
The charts don't lie. $PI is currently trapped in a ruthless downtrend, trading just pennies above its absolute all-time low of $0.1114. We are below the 20-day, 50-day, and 200-day EMAs, and sellers are clearly driving the steering wheel.
But if you are only looking at the price tickers on the exchanges, you are missing the real macro transition happening behind the scenes.
Here is the data-driven reality of what is playing out right now.
The Bearish Reality: The Token Flood
The core driver of this bleeding edge is pure tokenomics. Millions of tokens from the historic smartphone mining era are hitting the Open Mainnet daily. When you unlock massive token supplies for a retail crowd that has waited years to cash out, an aggressive sell-off is the natural market response.
Technically, the RSI has dipped into oversold territory (around 28). This indicates that while the trend is strictly bearish, the selling pressure is reaching an extreme, overextended limit.
The Pivot: From "Mining App" to AI Infrastructure
While retail users dump on the market, the Core Team is actively trying to build an artificial demand floor. Look at their latest architectural updates:
SoloHost: Turning Pi’s 420,000+ active desktop nodes into a distributed computing framework to handle complex AI workloads for third-party developers.
PiVerify: Commercializing their massive 18-million-user human KYC layer, forcing external corporate clients to buy and use $PI to combat bot spam.
The Objective Verdict
We are watching a high-stakes race against time. Can the structural demand generated by external tech firms using Pi for AI compute and identity verification grow fast enough to absorb the ongoing supply dump from millions of everyday miners?
If the $0.11 support zone breaks completely, we could see a final capitulation flush. However, an oversold RSI combined with a shift into B2B utility makes this one of the most unique charts to watch this quarter.
What's your take on this chart breakdown? Are you stepping aside until the EMAs flip bullish, or are you accumulating near these historic lows believing in the AI/KYC utility pivot? Let me know below!
#PiNetwork #CryptoAnalysis #Web3#DecentralizedAI $PI
#PiOnBinance #PiNetworkMainnet
⚠️ Disclaimer: Market trends and technical levels are volatile. This content is for educational purposes only and is not financial advice. Always DYOR.

🚨 UPDATE: Pi Network (PI) climbs ahead of the Protocol v28 upgrade as November’s inaugural summit promises developer demos and new platform releases.
👀 Can PI break above $0.09 resistance and target $0.10 next? 📈
🔗Know More:https://coingape.com/markets/pi-network-price-today-as-mainnet-moves-to-protocol-v28-how-high-will-pi-go/
#Binance #PiNetworkMainnet
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