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The world of cryptocurrency is changing rapidly, and Pi Network (PI) has attracted a lot of attention. One of its biggest attractions is the idea of making cryptocurrency accessible to ordinary people through mobile devices.
But the big question is: Could Pi Network become a strong digital currency in the future?
Pi Network aims to build a cryptocurrency ecosystem that is easy for everyday users to participate in. Its ecosystem includes Pi Wallet, applications, and other services designed around the Pi network.
However, like any cryptocurrency, Pi also comes with risks. Nobody can guarantee that its price will rise in the future. Always do your own research and avoid making financial decisions based only on social-media hype.
🔥 What do you think?
Could Pi (PI) become one of the major cryptocurrencies in the future?
👇 Share your opinion in the comments:
“PI Future 🚀” — if you believe Pi has strong potential.
“Wait & Watch 👀” — if you prefer to wait and see.
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Bitcoin has continued to rise above the $65,000 price mark, along with the overall sentiment and the price of Pi Network has seen a corresponding uptick. PI coin is up 2.80% in the last day to $0.0910 while Bitcoin has managed a small increase. The action follows protocol 26 and new utility developments, as well as being listed at the major cryptocurrency exchanges in the future.
Bitcoin Strength Supports Pi Network Price Recovery.
Bitcoin price briefly pushed up to $65,400 before trading in the vicinity of the significant $65,000 mark on Saturday. The improvement followed weaker U.S. employment data that helped to improve risk-asset appetites.
Bitcoin price had only gained 0.21% when compared to the market capitalization of cryptocurrencies as a whole, which is up by about 0.46%. The two measures, therefore, did not do as well as PII did in terms of performance per day.
But the trading volume of Pi Network dropped 17.59% to approximately $9.42 million. Low volume means the recovery will have to be enhanced to be more widely spread.
Market sentiment has been boosted by United States spot Bitcoin ETFs that saw $98.85 million in net inflows on August 7. That would be their fifth day in a row of positive flows.
Adds protocol 26 new momentum for PI
One of the other key targets of the Pi Network community is protocol 26. There are also some deadlines for mainnet validators concerning the preparations for network transition, which are Aug. 11.
According to Pi Network, the upgrade provides better contract security, state handling, interoperability, and cryptography. The purpose of these changes is to enhance the infrastructure that underlies future applications throughout the ecosystem.
The hopes of the upgrade have been instrumental in keeping PI alive in its resurgence. However, with technological progress, there is no guarantee of regular price hikes.
PI needs to be supported and have higher demands prior to facing higher levels of resistance. One other factor traders will look at will be if Protocol 26 is making measurable progress on its network activity.
The effective launch would reinforce the belief of the utility narrative of Pi Network in the long term.
RoboPay Utility and Exchange Hopes Lift Sentiment
With RoboPay, Pi Network has acquired a new utility focus. There were plans in reports of payment from a robotic service, resulting in the price move.
But no official details of the said partnership are available. That ambiguity makes traders wait to see whether or not the companies are going to confirm.
The advancement provides the market with an additional rationale to talk about viable applications of PI. The speculation in the exchange listing continues in the Pi Network community.
PI is listed on websites such as OKX, Kraken, Gate and MEXC. The token is yet to be listed on Binance or Coinbase even though it is still of interest to the community.
The community voted on the addition of PI in February 2025 with 86.8% supporting the proposal. There was no Binance listing following the vote.
The momentum is building up and the price of Pi Network is expected to reach $0.10 soon.The price for Pi Network is rising, and the momentum is increasing above the support level.
The Pi coin price rallied up to $0.0914 following an early pullback from the $0.090 support. The Relative Strength Index (RSI) is currently at 60.80 and still at the neutral 50 level.
On the 4-hour chart, the MACD is still showing a moderate bullish trend. However, MACD has not yet changed its course on the 4 hour chart and is still pointing towards a slight bull trading range. At the moment, the MACD line is at 0.00130, and the signal line at 0.00122.
The next bull run is expected to occur when the entire Pi coin report forecast is above $0.090. If the price moves up from the recent consolidation, it could reach towards the $0.095 resistance area. If the pass is made, the $0.10 barrier will be restored.
While a $0.10 level breakout could further extend the momentum and open the next zone of interest at $0.110, a failure to do so could result in a further decline in the price. If the buying pressure persists, it is expected that full Pi coin forecast report the $0.120 resistance level will soon become an issue.
If there is another rejection though, then PI will likely fall back to the $0.090 support level. This level is crucial to have as without it the recovery efforts would be affected around the price of $0.085.
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