Tag: Pi Network

  • Pi Network Wraps Protocol 27, Schedules Protocol 28 Mainnet Rollout for October 16

    Pi Network Wraps Protocol 27, Schedules Protocol 28 Mainnet Rollout for October 16

    Pi Network has finished its Protocol 27 Mainnet upgrade and is now preparing for the next network change. Protocol 28 is scheduled to go live on Mainnet on October 16, 2026, with node operators required to update their software by October 13.

    The completion of Protocol 27 came after an initial September 15 target. It follows other upgrades this year, including Protocol 26, and is part of the project’s broader effort to refine how accounts, applications, and smart contracts interact on the network.

    Protocol 27 expands authorization options

    According to the Pi Network team, Protocol 27 gives accounts and applications more flexible ways to authorize smart contract transactions. That means developers have more choices when designing how an app approves a transaction. The upgrade is focused on the mechanics that support application activity rather than on token price or exchange listings.

    Pi Network had previously described Protocol 27 as the final planned upgrade in that sequence. The project has since announced Protocol 28 and moved the new version to Testnet, setting up the next Mainnet rollout.

    Protocol 28 Mainnet upgrade set for October 16

    Protocol 28 is scheduled for Mainnet on October 16, 2026. Node operators have until October 13 to update their software, three days before the planned network change. The team says the new version is designed to improve how the network handles delays in transaction data.

    Protocol 28 will also let developers upgrade groups of smart contracts at once instead of updating each contract separately. In addition, it introduces a safer way for developers to change stored data as applications evolve. These changes are aimed at network operations and application maintenance.

    PI price climbs back above $0.09

    The PI token traded at $0.09115 at the time of reporting, up 4.29% in 24 hours and 7.2% over seven days, according to CoinMarketCap. The token had fallen below $0.083 earlier in the week, climbed close to $0.094, pulled back toward $0.085, and then recovered above $0.09.

    The rebound pushed PI’s market value back above $1 billion, placing it near 65th among cryptocurrencies by market capitalization. Despite the weekly gain, PI remains down about 32.45% over 90 days, and its 30-day return is negative 2.55%. The short-term recovery is therefore taking place within a longer period of declining prices.

    Key price levels and trading activity

    PI’s recent swing high is near $0.09508, with a previous rejection area at $0.09858. Its recent swing low is around $0.08490, followed by a prior consolidation area near $0.08048. At $0.09115, the token is trading between the recent swing high and low.

    Trading activity increased during the seven-day rebound. The seven-day average daily volume reached $8.03 million, about 1.3 times its usual level. The 30-day average was $6.29 million a day, below its usual level for that period.

    Background: Open Network and protocol cadence

    Pi Network launched Open Network in February 2025, enabling external connections and exchange integrations. The October update follows a series of protocol changes the team has made during 2026. For node operators, the immediate task is to complete the software update before the October 13 deadline.

  • Crypto Market Update: Bitcoin ETFs See $987M Inflow, XRP Futures Surge, Liquid Network Loses 4,000 BTC

    Crypto Market Update: Bitcoin ETFs See $987M Inflow, XRP Futures Surge, Liquid Network Loses 4,000 BTC

    Bitcoin ETFs Record $987 Million in Weekly Inflows

    Spot Bitcoin exchange-traded funds (ETFs) witnessed a significant surge in investor interest, recording $987 million in net inflows over the past week, according to data from SoSoValue. Leading the charge was BlackRock’s IBIT, which attracted a substantial $692 million in weekly net inflows. ARK 21Shares’ ARKB followed with $138 million, while Grayscale’s GBTC experienced outflows of approximately $47.99 million.

    The total net asset value of spot Bitcoin ETFs now stands at $101.25 billion, with the ETF net asset ratio reaching 6.33%. Cumulative historical net inflows have hit $55.62 billion, reflecting sustained institutional adoption of Bitcoin as an asset class.

    XRP Futures Hit Six-Month High Amid Institutional Interest

    In the XRP market, futures trading volume surged to a six-month high, according to CryptoQuant. This uptick coincides with aggressive accumulation by whales, while Binance remains the dominant liquidity hub for XRP futures, maintaining a wide lead in trading volume ahead of the upcoming Senate vote on September 15.

    The futures boom aligns with growing institutional participation in the US, where spot XRP ETFs recorded net inflows of $18.96 million. This has pushed the combined assets under management (AUM) of these funds to $1.48 billion, signaling renewed confidence in XRP’s long-term prospects.

    Liquid Network Exploited: 4,000 BTC Drained

    A security breach on the Liquid Network, a Bitcoin sidechain developed by Blockstream, resulted in the loss of approximately 4,000 BTC, valued at around $320 million. Liquid is widely used by exchanges and trading platforms for fast and confidential transfers of Bitcoin.

    Preliminary investigations suggest that the attackers did not steal a private key. Instead, a flaw in the Elements node—the software powering the sidechain—is suspected. Notably, a patch addressing the vulnerability was committed by a Blockstream developer on August 3, 2026, but it was only merged into the release branch after the incident. This raises questions about the project’s update and security protocols.

    Pi Network’s Protocol 27: A Milestone Upgrade

    Pi Network is gearing up for a significant upgrade with Protocol 27, which introduces smart contract authentication, an automated market maker (AMM) DEX, and RPC server infrastructure. This upgrade is crucial for the network, which boasts 14 million migrated users.

    The mainnet activation is scheduled for September 15, marking a pivotal test for Pi Network’s ability to deliver real-world utility after seven years of mobile mining. The Pi Core Team has described Protocol 27 as the “final planned” protocol change in the current development sequence.

    Arthur Hayes Expands UNI Holdings

    Arthur Hayes, co-founder of BitMEX, has increased his Uniswap (UNI) holdings to over $2 million. According to Etherscan, a wallet labeled “Arthur Hayes 4” now holds 284,102 UNI, accumulated through purchases on Sunday and Monday. The wallet also contains approximately 8,013 ETH.

    Hayes reportedly sourced the funds from over-the-counter (OTC) deals with Galaxy Digital, Cumberland, and FalconX, avoiding open market impact. In a post on X, he wrote, “Time to run it back turbo,” and humorously called UNI his “favourite type of sushi.”

    Conclusion

    This week’s crypto market highlights include robust Bitcoin ETF inflows, XRP’s resurgence, a significant security breach on the Liquid Network, and notable whale activity. As the market evolves, these developments underscore the dynamic nature of the cryptocurrency ecosystem and the importance of staying informed.

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.

  • Pi Network Protocol 27 Upgrade Nears as PI Faces Ongoing Supply Pressure

    Pi Network Protocol 27 Upgrade Nears as PI Faces Ongoing Supply Pressure

    Pi Network is gearing up for its Protocol 27 mainnet activation on September 15, while PI continues to trade well below its 2025 peak amid daily token unlocks. The upcoming upgrade introduces smart-contract authentication, automated market maker (AMM) tools, RPC infrastructure, and decentralized exchange (DEX) features. At the same time, the project is shifting its focus from mobile mining toward utility, developer activity, and broader Open Network usage.

    Protocol 27 Brings New Infrastructure to Mainnet

    Pi Network started in 2019 as a phone-based mining app, years before PI became tradable through Open Network. Since then, 14 million users have migrated to the network, according to provided figures.

    Protocol 27 is the final planned protocol change in the project’s current development sequence. The upgrade will introduce smart-contract authentication, automated market maker liquidity pools, RPC server infrastructure, and decentralized exchange functionality.

    The decentralized exchange attracted 242,000 testers on testnet before the planned mainnet activation. Can Protocol 27 turn Pi Network’s large migrated user base into sustained on-chain activity?

    PI Price Faces Supply Pressure Without Token Burns

    PI closed August at USD 0.0909, more than 97% below the USD 2.99 high reached when Open Network enabled external trading in February 2025. As a result, price performance remains a major part of the current Pi Network discussion.

    Meanwhile, roughly 6.5 million PI unlock each day. Pi Network has never burned tokens, meaning its current supply structure does not include a mechanism that permanently removes tokens from circulation.

    A recent Pi Update post raised the possibility of a transparent token burn in the future. Still, Pi Network has not introduced such a system, so any potential effect on scarcity remains hypothetical.

    Developer Updates Shift Focus Toward Pi Network Utility

    Pi Network presented utility as the project’s next phase now that Open Network is live. The network’s focus has therefore moved beyond collecting tokens through mobile mining toward using PI across applications.

    The additions include local storage support, staking data linked to specific applications, file sharing, video sharing, and updated documentation for developers.

    These developer changes do not alter PI supply, nor do they include a new exchange listing or partnership. Meanwhile, PI already trades on OKX, Bitget, Gate.io, and MEXC.

    Binance has not listed PI despite an 86.8% community vote supporting a listing. Protocol 27 instead centers on network infrastructure as Pi Network prepares for its scheduled September 15 mainnet activation.

  • Crypto Market Update: Bitcoin ETFs Net $244M, Russia Passes Landmark Crypto Law, Pi Network Rises 10%

    Crypto Market Update: Bitcoin ETFs Net $244M, Russia Passes Landmark Crypto Law, Pi Network Rises 10%

    The cryptocurrency market experienced significant developments this week, with spot Bitcoin ETFs recording substantial inflows, Russia enacting its first comprehensive crypto law, and Pi Network posting double-digit gains. Here’s a breakdown of the top stories shaping the crypto landscape.

    Bitcoin ETFs See $244 Million in Net Inflows

    According to data from SoSoValue, spot Bitcoin ETFs attracted a total net inflow of $244.42 million on the latest trading day. BlackRock’s IBIT led the pack with $196.83 million in net inflows, followed by Ark Invest and 21Shares’ ARKB, which added $37.63 million. On the outflow side, VanEck’s HODL recorded $14.67 million in net outflows.

    The total net asset value of Bitcoin spot ETFs now stands at $79.21 billion, representing an ETF net asset ratio of 6.09%. Historical cumulative net inflows have reached $51.95 billion, underscoring sustained institutional interest in Bitcoin exposure through regulated vehicles.

    Russia Signs First Full Crypto Law

    Russian President Vladimir Putin signed the country’s first comprehensive crypto law on Tuesday, codifying rules for crypto exchanges, custodians, mining, and digital asset issuance. The nearly 300-page Law on Digital Currencies and Digital Rights will take effect on September 1.

    Key provisions include licensing requirements for crypto exchange operators, which must register with a self-regulatory organization and hold minimum capital of 15 million rubles (approximately $187,000). The law also introduces a new category of ‘non-qualified’ retail investors, allowing them to purchase up to 300,000 rubles ($3,800) of approved cryptocurrency per year through a single licensed intermediary and send up to 100,000 rubles abroad.

    Additionally, the Central Bank will oversee new digital depositories to record ownership, mirroring the tracking system used for traditional securities.

    Bhutan Appoints 3iQ to Manage Bitcoin Treasury

    Bhutan has appointed Canadian digital asset manager 3iQ Corp. to oversee a portion of its Bitcoin treasury allocated to Gelephu Mindfulness City (GMC). This marks one of the first publicly disclosed institutional asset management mandates tied to a sovereign Bitcoin reserve, signaling a shift from government-led accumulation to professionally managed digital asset portfolios.

    While the size of the Bitcoin allocation was not disclosed, 3iQ will have discretionary authority to manage part of GMC’s reserve under a long-term investment strategy. The agreement also commits 3iQ to establish a permanent presence in Bhutan and support local digital asset expertise.

    XRP Ledger Proposes On-Chain Cosigner Feature

    Developers Shawn Xie, Zhiyuan Wang, Chenna Keshava B S, and Mayukha Vadari introduced the On-Chain Cosigner proposal in the XRP Ledger standards repository. The initiative aims to modernize multi-signature transaction coordination directly within the network, eliminating reliance on external communication channels and centralized servers.

    Currently, XRPL supports multi-signature transactions but requires off-chain approval collection through manual processes. With On-Chain Cosigner, requests would be stored as native TransactionProposal objects on the blockchain, validating each signature in real time and enhancing security for institutional asset custody.

    Pi Network Price Jumps 10%

    Pi Network’s token gained more than 10% over the past week, trading near $0.0872 after hitting a daily high of $0.0902. The 24-hour trading volume surged 75% to approximately $11.5 million, indicating increased market participation.

    The price recovery is supported by the Protocol 26 upgrade and a new RoboPay integration, which boosted short-term demand. On the 4-hour chart, PI is pressing against the upper Bollinger Band at $0.08824, overlapping with the $0.088–$0.090 resistance zone that has capped several recovery attempts since late July.

    Frequently Asked Questions

    1. Why did Bitcoin ETFs record strong inflows?
    According to SoSoValue, spot Bitcoin ETFs attracted $244.42 million in net inflows, reflecting continued institutional interest. BlackRock’s IBIT accounted for the largest share of the day’s investments.

    2. What does Russia’s new crypto law change?
    The law establishes a legal framework for crypto exchanges, custodians, mining companies, and digital asset issuance. It also introduces licensing requirements and investment limits for retail investors.

    3. Why is Bhutan partnering with 3iQ?
    Bhutan appointed Canadian asset manager 3iQ to oversee part of its Bitcoin treasury linked to Gelephu Mindfulness City, marking one of the first sovereign-backed institutional Bitcoin management mandates.

    4. What is the XRP Ledger’s On-Chain Cosigner proposal?
    The proposal aims to bring multi-signature coordination directly onto the XRP Ledger. It would allow transaction approvals to be stored and verified on-chain, reducing reliance on external communication systems.

    5. Why did Pi Network’s price increase this week?
    Pi Network gained over 10% as trading volume jumped 75%, supported by the Protocol 26 upgrade, RoboPay integration, and increased buying interest near key technical resistance levels.

  • BlockDAG Outshines Shiba Inu, Ethereum Classic, and Pi Network with 374,000 Holders as Top Trending Crypto in August 2026

    BlockDAG Outshines Shiba Inu, Ethereum Classic, and Pi Network with 374,000 Holders as Top Trending Crypto in August 2026

    Focus moves quickly in crypto, and the coins pulling eyes in August 2026 earned that pull in very different ways. The wider market held a careful, sideways mood. But community-led tokens, network upgrades, and real-world tie-ins kept certain names in the news no matter what price did.

    For readers scanning the top trending crypto, the smart question is what really sits behind the buzz: a true product and crowd, or short-lived hype. The strongest stories mix an active user base with something real on-chain or out in the world.

    Four names show that blend this month, starting with one whose surge rests on how much a holder can really do inside its world.

    1. BlockDAG (BDAG): Real Ways To Use It Right Now

    BlockDAG’s fire comes from a simple switch: rather than ask what the token might be worth, ask what it lets you jump into. The answer is wide open for a project at this stage, and the buzz is loud. A holder can mine BDAG through the X1 app or physical miners, stake it for ecosystem perks and VIP levels, trade it on the coming BlockDAG exchange, play with it in the BlockDAG Casino that has already run through $200 million in wagers, swap it into other assets, and soon spend it through the Super App’s payment layer.

    Holding more BDAG stacks up access, not just a number, unlocking fee cuts, higher tiers, and special launches. With 374,400 holders growing by 1,200 a day across 130-plus countries, the buy-in zone is real and getting bigger fast. For the top trending crypto, jumping into a live, growing ecosystem is a way more honest pitch than a price target, and BlockDAG makes that crystal clear.

    BDAG can be grabbed right from the website at an entry rate of $0.000000017 with a $0.025 BuyBack price, and a buyback event is set for October 1. Buyers using Live Swap can also lock in tokens at a 22% discount below the current CoinMarketCap rate.

    2. Shiba Inu (SHIB): Crowd Support Plus Real-World Payments

    Shiba Inu traded near $0.0000050 on August 2, up about 4% on the day with a market cap around $2.9 billion at rank #26, per Crypto.com and CoinMarketCap data. The token hit six years old and kept its crowd active, while its Shibarium layer-2 saw transactions rise 78% in a week.

    Two real-world points came up: Emirates Airlines began taking SHIB for flight bookings, and a delayed Shibarium privacy upgrade built with cryptography firm Zama has a live delivery window in August. A T. Rowe Price ETF filing added a slower thread. SHIB stays a well-known community-led trending token.

    3. Ethereum Classic (ETC): The First Proof-of-Work Chain

    Ethereum Classic traded near $6.55 on August 2 to 3, down about 1% to 3%, with a market cap around $1.07 billion and a price roughly 96% below its all-time high, per CoinMarketCap and CoinGecko data. ETC still carries the first Ethereum chain’s belief in staying unchanged, put simply as code is law, kept safe by Proof-of-Work mining and capped at 210.7 million coins, about ten times Bitcoin’s supply.

    Its EVM support keeps it fit for smart contracts, and a Grayscale trust offers a regulated way in. For traders who value low supply and a long track record, ETC now and then trends as a Proof-of-Work option.

    4. Pi Network (PI): Phone Mining And A Ticking Upgrade Clock

    Pi Network traded near $0.085 on August 2, up about 4% on the week with a market cap around $945 million, per CoinGecko and Bitget data. The token moved on news of Protocol 26, the latest mainnet upgrade, with node operators told to update before an August 11 cut-off ahead of the final Protocol 27.

    Pi’s model is built around phone-first mining through the Stellar Consensus Protocol, letting its large Pioneers crowd earn by checking in daily without special gear. About 11 billion of a 100 billion max supply are in circulation. Its crowd size keeps Pi a name that comes back around.

    Final Take

    For the top trending crypto this month, focus rests on different bases. Shiba Inu blends a six-year crowd with Emirates support near $0.0000050. Ethereum Classic trends as the first Proof-of-Work chain near $6.55. Pi Network rides its phone-mining Pioneers crowd near $0.085 through an upgrade cut-off.

    BlockDAG trends on take-part power itself, a 374,400-holder world where the token can be mined, staked, traded, played, and spent, making it the top trending crypto to keep in view.

    Trending focus fades quick when nothing sits behind it, so the names worth watching are those pairing fire with a real product, and none of them promise a future price.

  • PI Network Rallies 6.37% as Thin Liquidity and Protocol 26 Upgrade Drive Price Toward $0.085

    PI Network Rallies 6.37% as Thin Liquidity and Protocol 26 Upgrade Drive Price Toward $0.085

    Pi Network’s native token PI posted a 6.37% gain over the past 24 hours, reaching $0.0837, while the broader cryptocurrency market remained mostly flat. Bitcoin slipped 0.11%, and total market capitalization edged lower during the same period. The move placed PI among the strongest performers on July 30, driven primarily by low liquidity and heightened trading activity.

    Low Liquidity Amplifies PI Price Movement

    Pi Network recorded $13.68 million in daily trading volume, a 27.44% increase from the previous day. However, its turnover ratio stood at only 1.49%, indicating shallow market depth. Such conditions allow modest buying pressure to push prices higher when sell orders are limited. Conversely, the same lack of depth can accelerate declines if demand fades.

    PI moved from recent lows near $0.078 and briefly approached the $0.085 area. The rally occurred while Bitcoin and the wider crypto market traded unevenly, suggesting the move was not driven by sector-wide sentiment. No prominent social media trends, exchange announcements, or on-chain events were detected, according to available data. The rebound appears primarily linked to order flow dynamics.

    Traders are now watching whether volume can sustain above recent levels. A sharp drop in activity could weaken the rally and push PI back toward earlier support zones.

    Protocol 26 Upgrade Deadline Draws Attention

    Pi Network is preparing for its Protocol 26 upgrade, with a deadline of August 11 for Mainnet node operators to complete the update and maintain network access. The Core Team described Protocol 26 as part of the final upgrade sequence, with Protocol 27 to follow and complete the current rollout plan. The team stated, “With eight successful upgrades completed over the past few months, these final two upgrades will update the network.”

    Protocol 26 follows Protocol 25, which went live on July 25. The upcoming update aims to introduce new protocol features and improve network functions. The announcement gave traders a clear date to monitor, though the available data does not confirm that the upgrade alone caused the rally.

    PI also tested the upper boundary of a rising parallel channel near $0.084. A close above $0.085 could support another move toward $0.10. However, the outlook depends on sustained demand. A brief upgrade-related trade could fade if volume returns to previous levels.

    Support Levels and August Token Unlocks

    The $0.080 level remains the primary short-term support. If buyers continue to defend that area, PI could retest $0.085. A decisive move above $0.085 would give the recovery more structure. The next widely watched level is near $0.10, last reached on July 20.

    On the downside, a close below $0.080 could weaken the current setup. The price may then fall toward $0.075 or the lower Bollinger Band near $0.074. August token unlocks add another factor. PiScan data shows that approximately 128 million PI tokens may enter circulation during the month, carrying an estimated value of around $10 million at current prices. Additional supply may pressure the market if demand remains limited. July saw about 103 million PI tokens enter circulation, after which PI touched a record low near $0.070 on July 14.

    For now, PI holds a cautiously positive short-term structure above $0.080. Volume, the Protocol 26 deadline, and August unlocks will guide the next move. Market depth remains the central test for buyers.

  • PI Network Struggles as Ondo Finance Rallies: BlockDAG Emerges as a Top Contender with 112x ROI Potential

    PI Network Struggles as Ondo Finance Rallies: BlockDAG Emerges as a Top Contender with 112x ROI Potential

    The cryptocurrency market is known for its rapid shifts, and this week is no exception. Pi Network’s price has dipped 5.33% in the last 24 hours to around $0.0903, with $0.120 as a key resistance level. Meanwhile, Ondo Finance has surged 9.48% to near $0.4045, with $0.4434 as the next resistance if bullish momentum continues.

    For investors seeking the next crypto to explode, BlockDAG is gaining significant traction. The launch of BDAG AI has added $500 million to its valuation, and its casino and sportsbook have processed over $200 million in wagers. Upcoming developments, including the BlockDAG X exchange and an August 20 super app launch, are expected to further enhance utility. Additionally, buyers using the code BUYBACK can acquire BDAG at $0.0000077, with a $0.02 buyback offering 112x ROI potential. Let’s analyze the top options for today’s investors.

    Pi Network Price Struggles Below $0.120 Resistance

    Pi Network continues to face pressure after a sharp decline from its all-time high of $2.98 in February 2025. The current price of $0.0903 is down 5.33% in 24 hours, though it has recovered about 25% from its recent low of $0.08025. Technical indicators suggest a weak market, with the Fear & Greed Index at 11 (Extreme Fear) and the price below both the 50-day SMA ($0.1394) and 200-day SMA ($0.1728). Analysts identify $0.090-$0.110 as a key support zone, while $0.120 is the first resistance. A move above $0.120 could improve sentiment, but a drop below support may trigger further declines. Long-term projections suggest Pi Network could reach $0.3695 by 2026 and $1.71 by 2032, contingent on ecosystem growth and market conditions.

    Ondo Finance Climbs as Bulls Push Toward $0.4434

    Ondo (ONDO) is showing renewed strength, climbing 9.48% in a day to around $0.3983, with the current price near $0.4045. Analysts expect the token to trade between $0.3817 and $0.4434, making $0.4434 the key resistance level. A breakout above that could signal further gains, while support around $0.3859 may limit declines. Ondo Finance is also gaining attention through its integration with DTCC’s tokenization infrastructure, strengthening ties to traditional finance. The platform has seen impressive activity, with $1 billion in weekly derivatives volume and $3 billion traded overall. A proposal to permanently burn 100 million ONDO tokens, along with new partnerships and broader distribution, has boosted confidence, though short-term volatility remains possible.

    Is BlockDAG the Next Crypto to Explode? 112x ROI Potential!

    BlockDAG is positioning itself as a strong candidate for the next crypto to explode, with a presence across major tech markets. The launch of BDAG AI has driven a $500 million rise in valuation, and its casino and sportsbook have processed over $200 million in wagers, indicating real-world usage. Built on a DAG-based network that processes transactions in parallel, BlockDAG offers a scalable foundation. An upcoming upgrade will boost throughput to 7,000 transactions per second, enabling higher activity without slowdowns.

    The BlockDAG X exchange, featuring spot and futures trading with iOS and Android apps, is set to launch, followed by a full super app on August 20. Despite this expanding utility, entry remains cheap: buyers using the code BUYBACK can secure BDAG at $0.0000077, with a $0.02 buyback unlocking 112x ROI potential. Code users will also receive payouts a month early, on September 1 instead of October 1. This combination of utility and low cost is driving significant interest.

    Final Thoughts

    Pi Network still faces an uphill battle, with resistance at $0.120 needing to break for sentiment to shift. Ondo Finance is proving more resilient, backed by its DTCC ties, $3 billion in trading volume, and a proposed 100 million token burn. However, for those seeking the next crypto to explode, BlockDAG stands out. With BDAG AI adding $500 million in valuation, $200 million wagered on its casino and sportsbook, and the upcoming exchange and super app, the project continues to stack utility. With BDAG priced at $0.0000077 and 112x ROI potential via code BUYBACK, the entry point is compelling. Savvy investors are moving in now before this opportunity closes.

    Presale: https://purchase.blockdag.network
    Website: https://blockdag.network
    Telegram: https://t.me/blockDAGnetworkOfficial
    Discord: https://discord.gg/Q7BxghMVyu

    Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency investments are risky. Always conduct your own research (DYOR) before investing.

  • Pi Network Completes Slice Token Distribution as PI Price Struggles Near Record Lows

    Pi Network Completes Slice Token Distribution as PI Price Struggles Near Record Lows

    Pi Network has finalized the distribution of Slice, its second testnet token, while PI continues to trade under pressure near its July record low. The team announced the completion earlier today via X, allowing Pioneers to check allocations, token prices, liquidity access, and price movements inside the Launchpad application. At the time of reporting, PI was trading around $0.083 after another sharp decline.

    Slice Distribution Expands Launchpad Testing

    Pi Network launched its Launchpad testnet token program on PiDay 2026 (March 14). Nearly 480,000 users participated in the first testing phase, providing feedback that led the team to simplify participation, revise mechanics, and improve the user experience. The project introduced Slice in June to extend the testing process.

    Testing opened on June 12 and ran until Pi2Day on June 28. After weeks without updates, the team confirmed distribution completion. The Launchpad application now displays each user’s allocation, launch price, and effective token price, along with direct access to the SLICE liquidity pool. A new chart tracks Slice against test-Pi, enabling users to examine post-launch activity and observe how liquidity pools affect testnet pricing.

    PI Price Struggles Below $0.10

    PI fell 3.80% over 24 hours to $0.0829, extending a monthly decline of nearly 30%. The token remained about 17% above its July 14 low of $0.07072. Earlier, PI lost the $0.10 support level and reached a new record low near $0.07. A 20% daily rebound briefly pushed the token toward $0.10, but resistance halted that recovery. PI then dropped more than 10% to $0.082 after earlier signals pointed toward another rejection.

    The broader crypto market also declined 0.94% to $2.19 trillion. Coinglass recorded 83,203 liquidations worth $301.33 million during the same period. SoSoValue data showed $225.2 million in Bitcoin ETF outflows and $26.3 million in Ethereum ETF outflows. Bitcoin traded near $64,000, while Ethereum stayed above $1,850.

    Can PI Hold Above Its Record Low?

    A token unlock tracker listed 127.50 million PI for release over 30 days, based on data updated June 15. That amount represented 2.06% of 6.19 billion tracked locked tokens. At the listed valuation, the scheduled releases carried an estimated value of $10.65 million. The tracker projected an average daily release of 4.25 million PI, with the largest release scheduled for June 25 involving about 7.45 million PI (valued near $622,276).

    Unlocked tokens do not automatically reach exchanges, so scheduled releases do not create immediate selling pressure. However, they expand the amount holders can access during the tracking period.

    At reporting time, PI traded at $0.08348 after gaining 0.82% over four hours. Its Relative Strength Index stood at 34.46, close to oversold territory. The MACD line remained below its signal line, while the histogram stayed negative. Resistance sat near $0.090, followed by $0.095 and the major $0.10 level.

    Further weakness could send PI toward $0.078 or $0.075. A break below that range would expose the horizontal support area near $0.070. Separately, some users reported missing tokens and repeated failed wallet transactions involving unknown addresses. The supplied information did not include a formal team response to those complaints.

    Conclusion

    Pi Network completed the Slice testnet token distribution and added tools for tracking allocations, prices, and liquidity pools. However, PI remains under pressure near record lows as resistance and scheduled token unlocks affect market sentiment. Users should monitor support levels and official network updates closely.

  • Pi Network Token Drops 10% as Whale Concentration and Token Unlock Schedule Weigh on Price

    Pi Network Token Drops 10% as Whale Concentration and Token Unlock Schedule Weigh on Price

    Pi Network’s native token, PI, has experienced a sharp decline of more than 10% in the past 24 hours, falling back toward its record low after failing to breach the critical $0.10 resistance level. The token is now trading around $0.082, reversing gains from a brief recovery that had lifted it nearly 20% from its July low near $0.07.

    The price drop comes amid growing concerns over wallet concentration and a scheduled release of 775.8 million PI tokens through the end of 2026. Data from PiScan shows that one wallet address among eight tracked holds nearly 494.6 million PI — representing 98.9% of the monitored supply. While this wallet may belong to an exchange, bridge contract, or project reserve rather than an individual holder, its size means any movement could significantly affect market liquidity.

    PI has followed a repetitive pattern for over a year: stabilizing, hitting a record low, rebounding sharply, and then facing rejection. The latest rejection occurred near $0.10, a level that has acted as strong resistance. Without a sustained move above $0.10, the token risks falling below $0.07 and entering price discovery territory with no historical support underneath.

    Token unlocks add further uncertainty. While greater circulating supply can improve market depth if demand is sufficient, it may also increase selling pressure if holders move newly unlocked tokens onto exchanges. PI has already dropped from the top 50 largest cryptocurrencies to outside the top 70, and a further decline could push it out of the top 100 by market capitalization.

    Investors are advised to monitor the $0.07 support level and watch for wallet activity that could signal changes in liquidity. The coming weeks will be critical for Pi Network as it navigates these supply-side pressures and attempts to regain upward momentum.

  • Pi Network Revamps Mining App and Prepares for Protocol V25 Launch Amid Token Price Weakness

    Pi Network Revamps Mining App and Prepares for Protocol V25 Launch Amid Token Price Weakness

    Pi Network has rolled out a redesigned mining app interface, improving navigation and user experience, while confirming that Protocol V25 will go live on July 22. The update introduces long-awaited features like dark mode and reorganizes key ecosystem tools into a single, streamlined menu. However, the PI token continues to face selling pressure as large token unlocks loom.

    Pi Network Mining App Redesign

    The Core Team announced that the redesign is the first phase of a broader refresh for the mining application. Users can now access the new menu via the hamburger icon at the top-left corner of the app. The consolidated menu groups the Mainnet Checklist, mining information, featured Pi Apps, and other ecosystem services, eliminating the need to navigate through multiple screens. A dark mode option has also been added, a feature frequently requested by the community.

    According to the team, the redesign was driven by extensive feedback from the over 60 million engaged Pioneers. To ensure stability, the changes are being rolled out gradually, with future updates planned to refine the interface further while preserving existing functionality. The developers intend to collect additional community feedback before expanding the redesign.

    Protocol V25 Privacy Upgrades

    Pi Network has confirmed that Protocol V25 will activate on July 22, focusing on network stability, reliability, and privacy-preserving smart contracts. The upgrade introduces BN254 cryptography and Poseidon hashing, enabling developers to build zero-knowledge applications that protect sensitive information while keeping private data off the public blockchain.

    The Core Team emphasized that the upgrade should improve smart contract efficiency as more decentralized applications join the ecosystem. This could give developers greater flexibility in building privacy-focused services on Pi Network. However, the long-term impact will depend on developer adoption, ecosystem growth, and network performance after deployment.

    PI Token Under Pressure

    Despite the technical progress, the PI token remains under pressure. The token recently lost the crucial $0.10 support level, falling to a record low slightly above $0.07. A brief recovery pushed the price toward $0.085, but sellers quickly regained control, sending PI back to around $0.073 before a modest recovery to $0.078.

    Data from PiScan indicates that nearly 130 million PI tokens are set to unlock over the next month. This additional supply could intensify short-term selling pressure if more holders decide to move their tokens to the market.

    What Lies Ahead

    Pi Network is combining product development with infrastructure upgrades as it prepares for Protocol V25. While the redesigned app and forthcoming privacy features are positive steps, the market will likely await stronger ecosystem growth and sustained developer activity before confirming any lasting recovery in the PI token. Participants will closely monitor the upgrade’s impact on adoption and network activity.