DeFi· ★★· bearish·

Pi Network Protocol v27 Completes Final Testnet Step as PI Slips Below $0.09

  • Protocol v27 cleared its final testnet step with 250 transactions per block and no failures
  • Mainnet deployment is expected to improve smart contract authentication
  • PI trades near $0.0890, below the 50-day EMA at $0.0923 and the $0.1000 level
  • RSI sits near 47 and MACD remains below zero, signaling weak momentum
Why it matters: A mainnet smart contract rollout would broaden Pi's functionality, but the bearish technical setup keeps pressure on the token.
Source: FXStreet Crypto