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Technology

Pi Network Price Prediction This Week Can Protocol 28 Upgrade Fuel $0.1 Rally

PI trades near $0.08 ahead of its October 16 Protocol 28 Mainnet upgrade, with analysts eyeing $0.10 to $0.12 as potential resistance.

CoinDesk AI Desk
· 2 min read
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Pi Network Price Prediction This Week Can Protocol 28 Upgrade Fuel $0.1 Rally
Image: CoinGape

Key takeaways

  1. PI near $0.08. PI traded near $0.08042, down 2.10% daily and 7.32% weekly per CoinGecko data.
  2. Upgrade set for October 16. Protocol 28 Mainnet activation is scheduled for October 16, after an October 13 node upgrade deadline.
  3. Resistance at $0.10-$0.12. Analysts set $0.10 to $0.12 as potential resistance if PI gains bullish momentum.

What happened

Pi Network is counting down to its scheduled Protocol 28 Mainnet upgrade on October 16, 2026, following an October 13 deadline for node operators to complete required software updates. The upgrade, which has been tested on Testnet, improves handling of delayed transaction data and enables coordinated upgrades of groups of smart contracts. The project also confirmed its Open Standard partnership to explore Open USD (OUSD) rewards and broader ecosystem payment applications, while PI remains the network's primary cryptocurrency.

Why it matters

The Protocol 28 upgrade is the latest step in Pi Network's 2026 blockchain development schedule, which has included incremental updates since February to build smart contract and privacy capabilities. For PI traders, the upgrade's successful activation could impact near-term price action, as analysts have set $0.10 to $0.12 as potential resistance levels if bullish momentum returns. However, PI remains under selling pressure, trading well below its four major exponential moving averages, indicating continued bearish momentum on charts.

What to watch

  • 2026-10-13 Pi Network node operators must complete Protocol 28 software upgrades by October 13, 2026, ahead of the scheduled October 16 Mainnet activation.

Questions readers ask

When is Pi Network Protocol 28 upgrade?

Pi Network's Protocol 28 Mainnet upgrade is scheduled for October 16, 2026, following a node operator software upgrade deadline of October 13, 2026.

What is the current PI token price?

As of the latest CoinGecko data, PI traded near $0.08042, down 2.10% over 24 hours and 7.32% over the past week.

What is Pi Network's Open Standard partnership?

Pi Network partnered with Open Standard, the company behind the Open USD (OUSD) stablecoin, to explore OUSD rewards and broader ecosystem payment applications for users.

Sources · 2 publishers

  1. CoinGape TIER 2 FIRST REPORT
    Pi Network Price Prediction This Week: Can Protocol 28 Upgrade Fuel a Rally to $0.1+?
  2. Crypto.news TIER 2
    Pi Network upgrade nears: Will PI price hit $0.10?