Pi Network nears $0.10 as Protocol 27 upgrade fuels altcoin rally

Pi Coin rose 4% to $0.0939 over 24 hours, approaching the $0.10 level as a broader crypto rally lifted demand for altcoins.

Pi Blockexplorer data shows Protocol 27 is now live on Pi Testnet 1, the last planned upgrade on the project's technical roadmap, according to community updates. The deployment follows Protocol 26 and prepares infrastructure including RPC servers, decentralized exchange functions, and automated market maker liquidity pools. The network is also working to overcome limitations of the Stellar protocol it was built on, supporters say.

The wider crypto market gained 6.09% over the past day to a $2.57 trillion market cap, adding $412 billion in value and triggering $4.3 billion in short liquidations, per CoinGecko data. Bitcoin reached $79,500, a 14-week high, after climbing $17,200 from $62,300. Ethereum moved above $2,300, XRP jumped 16% to $1.41, and Solana rose 5% from $91, with Dogecoin also rallying as demand picked up across altcoins.

Pi Coin traded near $0.09506 as of the latest four-hour session, up 5%, with the Relative Strength Index at 77.67 in overbought territory and Chaikin money flow at 0.16. A failure to close above $0.095 could send Pi toward the $0.09 support level, with $0.085 and $0.08 below. A clean break above $0.10 would open the path toward $0.13.

Protocol 27 Marks Final Roadmap Upgrade

The number of testnet nodes has surpassed 200,000, suggesting active operator participation in testing. Testnet 2 is expected next, with a possible Protocol 27 deployment on Mainnet following shortly after. A confirmed Mainnet date has not been announced, leaving traders to watch test results and further Pi Network price news.

Broader Rally Provides Tailwind

Sentiment improved after President Donald Trump called on Congress to pass the long-stalled CLARITY Act, which would set out new rules governing digital assets. Bitcoin, Ethereum, and XRP have rallied to multiweek highs after months of choppy performance.

Pi Network has historically faced criticism over its centralized tokenomics, which could limit institutional appetite even as the token approaches the $0.10 threshold. The psychological level could attract speculative retail interest, but traders are waiting for a confirmed Mainnet date before committing further. A sustained break above $0.10 would mark the token's first major reversal after months of consolidation above $0.07 support.

This article is for informational purposes only and does not constitute investment advice.