- Pi Network trades at $0.355 as analysts warn of a dip, but the community’s rallying around what they’re calling a “comeback of the century.”
- New Passkey security upgrade rolls out, while Stellar’s upcoming Protocol 23 could unlock smart contract support and Web3 features for Pi.
- Despite a 20% price drop this week, Pi’s investment in AI startup OpenMind hints at bigger ambitions across Web3 and robotics.
Pi Network is holding the line at $0.355, but the vibe is anything but calm. While analysts are warning of a potential dip toward $0.281, the community—yeah, the ever-loyal “Pioneers”—is already calling it the comeback of the century. Despite the red candles, sentiment on the ground remains oddly upbeat.
Trading volume isn’t booming ($75M daily), but the chatter is. Some say the price slide was sparked by early sellers cashing out. One post from Crypto Cloud didn’t hold back: “Pi scammers sold a big chunk of pie and dropped the price into the $0.36 area.” Classic. Still, the $2.41B market cap shows this project isn’t fading away anytime soon.
Technical Forecasts Say “Down,” But the Community’s Not Having It
AI-driven price models are painting a bearish near-term picture. Forecasts show a possible drop to $0.281, maybe even a bottom near $0.247 if things spiral. That’s around 30% downside from here. But community voices are calling this fear “just noise,” and pointing to the bigger vision.
Most Pioneers aren’t panicking. They’re doubling down on the fundamentals—new tech, upgrades, partnerships. The price may be dipping, but belief? Still strong. One tweet put it best: “It’s just a dip, not a death sentence.”
Passkey Rolls Out, Mainnet Buzz Builds
In more grounded news, Pi Network just launched Passkey—a slick new security upgrade that lets users sign in with just one tap. Simple, secure, and apparently already a hit with early testers. The team says it’s part of a broader push to level up the project’s infrastructure before full mainnet goes live.
Pi News ran a poll asking how folks felt about the new feature. Most seem hyped. It’s clear the devs are still building, even with the price moving sideways. Whether it leads to major adoption or not—too early to say—but it’s progress.
Stellar Upgrade Could Be a Game-Changer
Pi’s infrastructure is tightly connected to Stellar, and that makes the upcoming Protocol 23 upgrade a pretty big deal. It’s adding smart contract functionality (finally), faster transactions, and some under-the-hood enhancements via Soroban. Dr. Altcoin, a go-to voice in the community, broke it down: if Stellar improves, Pi benefits straight away.
Stellar’s vote on the mainnet upgrade is set for Sept 3. If it passes, Pi could finally unlock real Web3 features—like .pi domains and fully decentralized apps powered by AI App Studio. Basically, the gears are in motion, it’s just a matter of timing now.
Pi Bets on AI With OpenMind Investment
In a surprising twist, Pi also dropped some cash into OpenMind, a robotics + AI startup aiming to build the Android OS for humanoid robots. Sounds wild, yeah—but it fits Pi’s long-term plan to stay relevant in both Web3 and AI spaces. If OpenMind hits its mark, Pi Network could be part of a much bigger future.
Still, price-wise? It’s been rough. Down 20% this week, 22% on the month. Volume also dropped to $44M. The market may be cooling off—but behind the scenes, Pi’s still building.
