DeFi· ★★· bearish·

Pi Network upgrades to Protocol 28, but PI stays 97% below its all-time high

  • —Protocol 28 launches October 16, targeting faster data processing and smart-contract safety
  • —PI remains 97% below its all-time high of $2.99
  • —Price broke $0.0835 support; next zones are $0.0812 and $0.0690–0.0695
  • —RSI near 30 signals heavy selling pressure
Why it matters: Upgrades have yet to generate on-chain demand; without more active wallets and smart-contract calls, PI is unlikely to reverse its slump.
Source: AMBCrypto