Pi Network is set to deploy protocol v28 this week, with Mainnet activation expected on October 16 and node operators required to upgrade by October 13. The PI token has lost 60% of its value over the past year and currently trades just above $0.08, a staggering 97% crash from its all-time high of around $3 at the start of 2025. The ecosystem is expanding with strategic partnerships, including a collaboration with luxury automaker Lotus Cars and Open Standard, the company behind the OUSD stablecoin. On the technical side, PI shows a potential double bottom pattern around the $0.075-$0.085 support zone, but a breakout above $0.10-$0.12 would be needed to confirm a bullish reversal.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
