DeFi· ★★· bearish·

Pi Network Deploys Protocol 28 on Testnet Ahead of October 16 Mainnet Upgrade

  • —Protocol 28 live on testnet; mainnet upgrade scheduled for October 16, 2026
  • —Pi validators required to upgrade by October 13
  • —PI market cap around $977 million with 24-hour spot volume barely $5 million
  • —DEX open interest reached $31 million as short positions build at $0.086 support
Why it matters: The mainnet upgrade could revive network activity, but weak volumes and rising shorts keep PI at risk of breaking below $0.085.
#PI
Source: DailyCoin
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