Pi Network Token Surges 15% to Three-Week High, but Token Unlock Cloud Looms — BigGo Finance
Pi Network’s token PI rose up to about 15% to a three-week high near $0.096, trading around $0.093, according to CoinGecko. Volume jumped about 88% to roughly $14.3 million. The article cites a technical breakout and Protocol 26 node-upgrade deadline (Aug 11), but warns of rising token unlock supply.
How this was made
The 30-second read
Why it matters
The piece ties the rally to Protocol 26 rollout and an Aug 11 node upgrade deadline, while also warning that scheduled token unlocks are increasing (June 77M, July 103.7M, August 128M, September 132.7M), which can pressure price through supply overhang.
Market read
Traders get a near-term technical and catalyst map for PI, but the dominant risk highlighted is rising token unlock supply into August and September.
What to watch
Execution risk around node compliance (Aug 11) and exchange-specific liquidity constraints could amplify both upside squeezes and downside wicks beyond the stated technical levels.
Background
PI has been in a prolonged downtrend since its February 2025 debut, with the token down over 96% from its all-time high, and it is now attempting to rebuild structure via a double-bottom setup.
Ticker impact
Pi Network’s PI token jumped up to about $0.096, breaking a descending channel, while the article flags upcoming token unlock supply risk.
Volatility likely remains elevated, with upside attempts toward $0.098 to $0.10 and $0.102 neckline contingent on holding support near $0.090 to $0.086.
The text provides a concrete catalyst (Protocol 26 node upgrade deadline Aug 11) plus a quantified supply overhang (unlock schedule rising into Aug and Sep) and technical trigger levels (resistance $0.094 to $0.096, neckline $0.102, supports $0.090 and $0.086).
Market effects
Highlights how token unlock schedules and protocol upgrade deadlines can dominate single-coin price action even when majors are flat.
No specific regional market linkage beyond jurisdictional exchange availability affecting liquidity and volatility.
Relevant to broader crypto traders as a case study in breakout vs supply-overhang dynamics, not a macro driver.
Counterpoint
The article’s own note that extreme bullish sentiment can be contrarian suggests the 15% pop may fade into unlock-related selling rather than trend higher.
Key entities
- crypto protocolPi Network
Blockchain project whose native token PI is the subject of the price move and protocol upgrade timeline.
- crypto assetPI
Pi Network’s native token, up as much as 15% to a three-week high near $0.096 in the article.
- network upgradeProtocol 26
Mainnet infrastructure upgrade referenced as rolling out, with node operators required to complete by Aug 11.
- network upgradeProtocol 27
Next upgrade mentioned by a social media account as the ‘final upgrade’ after Protocol 26.
- payments partnerRoboPay
Payment partner announced for Fabric network robot services, with demand impact described as unproven.
