DeFi· ★★· neutral·

Pi Network preps Protocol 28 as PI stays below $0.10

  • —PI trades near $0.0893, down about 2% in 24 hours but up 2.3% over seven days
  • —Protocol 28 Mainnet activation is scheduled for Oct. 16, with a node upgrade deadline of Oct. 13
  • —Market cap is about $1 billion on 11.24 billion PI in circulation and $6.4 million in daily volume
  • —RSI sits at 47.99 and the Aroon Oscillator at -14.29, signaling weak directional momentum
Why it matters: The upgrade shapes the pace of Pi's ecosystem development, but thin volume and the $0.10 level remain the key hurdle for holders.
Source: crypto.news