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Pi Network’s token price rallied more than 6% over the past week as investors positioned ahead of upcoming mainnet upgrades, boosting sentiment around scalability, security, and future ecosystem growth. The move followed anticipation for the network’s transition to mainnet version 22 (Protocol 22), alongside expectations tied to the project’s appearance at Consensus 2026.
According to data cited from crypto.news, Pi Network’s price rose from a weekly low of $0.166 to $0.186 on Friday. The increase lifted the token’s total market capitalization to over $1.89 billion.
Pi Network’s price gained traction as investor demand increased ahead of its mainnet upgrade to version 22 (Protocol 22). The upgrade is described as streamlining transaction processing and enhancing network scalability for decentralized applications. The transition is positioned as a major step toward the Open Mainnet phase the community has been awaiting.
The roadmap also points to Protocol 23, expected in May. This stage is described as completing critical security audits and enabling cross-chain interoperability for the first time, framed as a bridge toward wider ecosystem access to the broader crypto market.
Additional momentum came as the project prepared for a high-profile appearance at Consensus 2026 in Miami. Co-founders Nicolas Kokkalis and Chengdiao Fan are scheduled to speak, with a focus on Pi’s blockchain infrastructure, digital identity, artificial intelligence, and future application development.
On the daily chart, Pi Network’s price reportedly broke above the 3/8 Murrey Math line, which is presented as a sign that bulls have regained control of the immediate trend. The Chaikin Money Flow index is also described as turning positive, indicating buyers are accumulating at current levels.
In this technical scenario, the token is positioned to rise toward $0.195 and potentially move past the psychological resistance at $0.20 if the positive news cycle continues. However, losing the $0.170 support level would likely weaken momentum, potentially leading to consolidation or a retracement toward $0.155.
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