Pi Network’s PI token rose 2.5% in 24 hours and 4.81% over the past week, outperforming Bitcoin on both timeframes. The team introduced new developer capabilities, including access to staking data and local storage support, aimed at improving the network’s application-level utility. Technically, PI broke out above the $0.0955 resistance after a month-long consolidation between $0.085 and $0.093. The CMF indicator has remained above +0.05 for nearly a month and MACD formed a bullish crossover above zero, though the broader daily structure stays bearish with key resistances at $0.11 and the $0.12-$0.13 supply zone. The price growth reflected bullish market sentiment following Bitcoin’s defense of the $77.5k support level.
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