Pi Coin Price Jumps 3% as Pi Network v23 Upgrade Boosts Market Optimism

Key Insights:

• Pi Coin price soared by 3.52% while the overall crypto market recorded a 5.73% uptick over the last 7 days.
• On the 4-hour chart, the coin has broken above the $0.20 range where it had been stuck. Technical signals support the upward move.
• If the coin stays above $0.21, it could next reach $0.23. After that, $0.25 may come into play, a point where sellers have stepped in before.

Pi Coin price stayed steady on Monday, moving above $0.21 after a recent rebound. Geopolitical tensions might have triggered caution across traditional markets, pushing investors to risk-off assets like Bitcoin and other cryptocurrencies in the wake of the US  Vs. Venezuela conflict.

As such, Pi Network price soared by 3.52% while the overall crypto market recorded a 5.73% uptick over the last 7 days. This overall momentum helped push Pi Network by 3% and renew buying interest.

Pi Coin Price Prepares for Potential Breakout Amid v23 Launch

Pi Network’s Pi Coin price posted a 3.52% surge over the last week amid excitement about the network’s official launch of Protocol v23. The new update will integrate with the Stellar Core v23.0.1 to make transactions faster, more secure, and easier to scale.

At the time of writing, Pi Network has clocked more than 15.8 million Mainnet users. This growing user base is expected to enhance reliability and performance across the ecosystem.

Protocol v23 marks one of the most significant milestones in Pi Network’s history. The update has already begun transforming the platform into a foundational piece of global banking infrastructure.

The update also brings Rust-based smart contracts, which are already up and running. These let developers create decentralized apps on the network.

This isn’t just a technical change but a crucial chance to open the door for more opportunities for Pi Coin users.

It is reshaping how Pi users interact with real-time services in a decentralized economy.

The network team announced plans to launch a decentralized exchange at the start of 2026. The move aligns with Pi Coin’s long-term strategy to become a settlement layer capable of handling high-volume, secure transactions.

The upgrade significantly reduces the time needed to finalize transactions. It removes bottlenecks and strengthens trust across the community.

According to Pi Network, Protocol v23 sets the foundation for a full digital ecosystem. This ecosystem will grow alongside its expanding user base and support a wide range of decentralized services.

Pi Network Traders Watch For Upcoming Signs

Pi Network price rose to $0.2122 after a 3% surge, showing that traders are getting interested again.

On the 4-hour chart, the Pi coin price has broken above the $0.20 range where it had been stuck. Technical signals support the upward move.

The MACD has crossed above its signal line, showing momentum is picking up. The Relative Strength Index is at 60, which means the coin isn’t overbought yet, but there could be some resistance ahead.

Trading volume also picked up sharply. On Monday, nearly 18 million PI changed hands, marking the highest activity since December.

Trading activity picked up as Pi Network’s price bounced, showing that buyers are stepping in.

If Pi Coin stays above $0.21, it could next reach $0.23. After that, $0.25 may come into play, a point where sellers have stepped in before.

If the upward momentum keeps going, Pi Network could even hit $0.30, which would be about a 41% rise from where it is now.