Recent Pi Network (PI) Updates, Solana (SOL) Warning, and More: Bits Recap July 31

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The Pi Network team has set August 11 as the deadline for upgrading to protocol version 26, while the PI token currently trades around $0.08, down approximately 97% from its all-time high of $3 recorded last year. Solana dropped 3% over the week, falling below the critical threshold of $73.75, with an analyst suggesting a sustained close below this level could push SOL down to $50. Bitcoin exchanges hands around $63,800, down 2.5% on a weekly basis, but an analyst believes a drop to $60,000 could validate a bullish chart pattern favorable to buyers. Several market participants expect BTC to fall below $50,000 or even $40,000 before a potential end to the bear market expected between October 6 and 16.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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