Price Surge: Pi Gains 10.5% Ahead of Protocol v25 Upgrade
Pi Network surges by 10.5% in 24 hours to $0.09344, significantly outperforming a broadly flat crypto market, driven primarily by speculative buying interest ahead of the upgrade.
The Pi Core Team has officially scheduled the Protocol v25 upgrade for July 22, 2026, a significant technical milestone that will introduce privacy-preserving smart contracts and support for zero-knowledge proofs.
The upgrade aims to enhance the network’s utility for enterprise and payment applications. The announcement has been the primary catalyst for recent positive sentiment.
This is bullish for PI because it represents tangible progress on the project’s roadmap, bringing it closer to a fully functional smart-contract blockchain. However, the impact may be tempered if the market treats it as a “buy the rumour, sell the news” event, as past Pi announcements have not sustained price rallies.
The price jump coincides with a 116% spike in trading volume to $29.5M, far outpacing the modest gains in Bitcoin and the total market.
This suggests the move is driven by coin-specific buying pressure, potentially from accumulation or speculative flows, rather than a market-wide rally.
The move is backed by increased market activity, which can provide short-term momentum but may also lead to volatility if volume subsides. The move occurred against a cautiously positive macro backdrop for crypto.
The total market cap rose 0.50%, and the Fear & Greed Index sits at 35, indicating room for sentiment improvement. This environment allowed capital to rotate into higher-beta assets like Pi.
Pi’s outperformance wasn’t hindered by broader market declines, but the market itself wasn’t the primary driver. The immediate trend is bullish but faces a key test. The next major resistance sits between $0.095 and $0.100.
If buying volume persists and the price holds above $0.090, a retest of this zone is likely. The main risk is a volume fade, which could see price retreat to seek support near $0.085.
A decisive break above $0.100 on high volume would signal continuation, or a rejection and close back below $0.090 would signal a potential reversal. #Price Surge: Pi Gains 10.5% Ahead of Protocol v25 Upgrade
