Pi Network Price Prediction Ahead of April 27 Protocol 22 Upgrade Deadline

Pi Network (PI) price remained near $0.171 on Monday as investors evaluated geopolitical tensions and internal network developments shaping sentiment. 

The Pi coin was an indication of risk-averse trading as the general cryptocurrency market grappled with new macroeconomic uncertainty. Increased tension between the U.S. and Iran burdened the risk appetite of the world.

Geopolitical Pressures Weigh on Crypto Markets

The tensions were heightened by reports of heightened rhetoric around the strategically important Strait of Hormuz shipping route. The investors had a quick reaction, and a tangible risk-off action in equities and digital assets occurred on April 19 and 20.

Bitcoin price was able to maintain itself above the $75,000 mark, but it failed to gain momentum toward a strong breakout.

Ether and XRP prices also saw phases of consolidation, which was indicative of institutional and retail hesitations. 

Sentiment was further complicated by the use of diplomatic signals where Iran refused to resume peace talks with the Washington officials. This came after remarks by Donald Trump that American negotiators would visit Pakistan to resume talks.

Protocol 22 Upgrade Deadline Nears

It is in this uncertain macro environment that Pi Network strengthened an important technical deadline of its node operators across the globe. The developers confirmed that by April 27, 2026, all the nodes were expected to upgrade to the Protocol 22. 

Those who fail to upgrade to version 22.1 after 21.2 risk being automatically disconnected by the network. 

The system of gradual upgrades does not leave out any step because each version of the protocol is founded on the last system improvements.

Developers highlighted that the transition enables the network to be more stable and ready the ecosystem to support full smart contract functionality in Protocol 23. 

User growth is another focus that the team highlighted, and it boasts more than 18 million individuals that were authenticated through its identity-based KYC system.

Pi Network Exchange Balances Show Mixed Flows Ahead of Upgrade Deadline

Pi Network exchange wallet balances experienced mixed flows in key centralized platforms in the last 24 hours. 

OKX had a significant outflow above 1.7 million PI, and Bitget had significant net inflows of above 1.5 million PI. 

The moderate positive flows were also reported in Gate.io and MEXC. The net effect was a gain in the total exchange balances with a sign of tentative but stable accumulation.

Pi Network Price Outlook: Can Bulls Reclaim $0.25 Zone?

As of the reporting, the PI coin price surged slightly to $0.1717 on the daily chart against USDT. The token recorded small returns of more than 0.50% in the last session. 

Technical signals indicate that the market is beginning to stabilize after a couple of weeks of slow downward movement. The MACD histogram is flattening, and the signal lines are trying to have a gentle crossover to bullish. 

The Relative Strength Index is at 47, which shows that it is on the neutral territory with neither overbought nor over sold. 

Immediate resistance is seen at $0.20, which previously acted as a breakdown level as per the long-term PI projection. A close above this market daily would open the doors to $0.25. 

Conversely, the important structural support to buyers is still at $0.15. A fall below that level can lead to the exposure of the token to new losses to $0.13.