The native token of Pi Network surged 11% over the past month, reaching around $0.095 after a 35% rebound from its July historic bottom. Ethereum gained nearly 5% in 24 hours, breaking above the psychological $2,500 level again, fueled by strong institutional demand and continuous inflows into spot ETH ETFs. Shiba Inu, on the other hand, could underperform in September, with multiple negative signals including stalled Shibarium activity and a declining burn rate weighing on the meme coin. Speculation remains around a potential burning mechanism for Pi Network, although this has not been confirmed.
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