updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131The upgrade is a major technical milestone for the Pi Network, and the market is beginning to take notice.
Testnet 1 blockchain has been upgraded to protocol 22.
It will be followed by an upgrade to version 23 then mainnet version to 23.
KYC will be decentralized and be used by other companies. It will generate revenue to pi as it offers a wide range of verification, using a variety… pic.twitter.com/plvmIY0c9e
— PiNewsZone (@PiNewsZone) September 18, 2025
The recent rally followed the successful validation of block 20,824,824 under the new protocol.
Notably, the block showed zero failed transactions and confirmed support for up to 1,000 transactions per block.
Protocol v23 not only signals Pi Network’s continued development but also shows alignment with Stellar’s robust infrastructure. It gives developers a better framework to test applications before pushing them onto the mainnet.
Moreover, the upgrade includes plans for a decentralized KYC (Know Your Customer) system, designed to support national ID verification and open Pi’s infrastructure to external projects.
The daily chart shows Pi Coin consolidating within a descending parallel channel since May.
PI price is currently hovering near the midline at $0.3586 as per CoinMarketCap data.
The RSI sits at 49.82, showing neither overbought nor oversold conditions. Meanwhile, the MACD is slightly positive at 0.0026, hinting at a possible trend reversal if buying volume increases.
Source: TradingView
A breakout above the channel resistance could ignite a strong rally toward $0.65, $1.00, and $1.67 in successive stages.
If momentum persists, an extended breakout could target $4.00, representing an over 1000% surge from current levels.
However, a failure to break above resistance could trigger a breakdown to $0.32, with further downside risks toward $0.18, a potential 53% decline.
While a 100x move (toward $36+) sounds ambitious, the current $2.9 billion market cap makes such a move less likely in the short term.
However, if Protocol v23 successfully transitions to mainnet, adoption accelerates through decentralized KYC, and new listings expand Pi’s accessibility, the long-term upside could still be massive.
While PI token is getting ready for a generational rally, PEPENODE ($PEPENODE) is redefining crypto mining with virtual nodes.
The project has already raised over $544,000 in its ongoing presale, with just two days left until the next price increase.
Unlike traditional mining, which requires expensive hardware, technical expertise, and significant energy consumption, PEPENODE introduces a fully virtual mining system.
Users can build digital server rooms, purchase nodes, and upgrade facilities to maximize their rewards.
Also, PEPENODE’s ecosystem incorporates deflationary mechanics to strengthen long-term value.
Roughly 70% of tokens used for node purchases and upgrades are permanently burned, reducing circulating supply over time.
As an ERC-20 token, PEPENODE integrates seamlessly with Ethereum wallets, exchanges, and DeFi protocols.
What’s more is that early buyers can claim up to 1050% in staking rewards.
To buy $PEPENODE, simply visit the official PEPENODE website and connect a supported wallet like Best Wallet.
You can swap existing crypto or use a credit/debit card to complete the transaction.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
Pi Network’s native token, PI, is showing renewed signs of life after weeks of sluggish performance, supported by ecosystem expansion, protocol upgrades, and whale accumulation.
The upcoming V23 Protocol Upgrade on September 15 has become a key catalyst, drawing attention to whether PI Coin can sustain its recent rebound or slip back into weakness.
PI Coin has managed modest gains in recent sessions, climbing more than 3% in the past 24 hours to trade around $0.3549.
This rebound comes after a month-long decline of nearly 12%, reflecting cautious optimism among traders.
Analysts note that the token has been testing the upper boundary of a falling channel, with a close above $0.3610 needed to confirm a breakout.
If that move is sustained, the next obstacle sits at the 50-day exponential moving average near $0.3836.
Technical indicators are also showing bullish signals, with the MACD line and its signal counterpart on a steady uptrend, hinting at growing bullish momentum.
The RSI has also recovered toward neutral territory near 50, showing an increase in buying pressure after weeks of subdued sentiment.
According to market analysis by CoinLore, holding above $0.3426 is critical for bulls to target higher levels, with resistance levels set at $0.4767, $0.5931, and $0.7742.
Beyond technicals, Pi Network’s ecosystem expansion has provided fresh energy.
The launch of PiOnline, a hybrid gaming and DeFi application with staking and DAO governance, has been well-received by the community.
In addition, Pi has taken a Gold Sponsorship slot at the upcoming Token2049 conference in Singapore, offering the project a major visibility boost at a global Web3 event.
Dr. Chengdiao Fan, one of two Founders at Pi Network, will be a speaker at the TOKEN2049 conference, which takes place on October 1-2 in Singapore! https://t.co/npzT9pDUiJ
As one of the largest crypto events in the world, this conference is a great opportunity for Pi Network to…
— Pi Network (@PiCoreTeam) September 8, 2025
On the protocol side, version 23 of the network introduces decentralised KYC processes and Linux node support, marking significant steps toward scalability and regulatory compliance.
Meanwhile, developer activity has been rising, with 37 new projects launched on the Testnet at the start of September.
These include DeFi and gaming apps, alongside the anticipated V23 upgrade that promises to improve cross-chain interoperability.
Such progress has been seen as a sign that Pi is pivoting beyond its mining-focused origins and moving closer toward becoming a functioning ecosystem with tangible utility.
While retail demand has softened in recent weeks, on-chain data shows a different story from larger players.
A mysterious whale wallet, identified as “GAS…ODM,” has accumulated more than 350 million PI tokens, valued at over $124 million.
Another large holder reportedly controls more than 373 million PI.
This kind of accumulation often signals confidence among big investors and has led some analysts to suggest that Pi may be in the Wyckoff accumulation phase, which can precede sharp rebounds.
That said, supply dynamics remain a risk, with around 159.5 million tokens unlocking daily through September, adding up to roughly $56.7 million in a month.
This constant flow could dilute prices if demand does not keep pace.
As the V23 Protocol Upgrade approaches, Pi Network sits at a critical juncture. The coming weeks will reveal whether the token’s rebound can extend into a sustainable rally or if supply pressures will drag it back toward recent lows.
The short-term outlook for Pi hinges on whether the token can hold above its seven-day simple moving average around $0.344.
A failure to maintain that support could open the door to another test of the August low near $0.322.
On the flip side, breaking above the $0.3610 trendline and sustaining momentum could pave the way toward the $0.3836 level and potentially higher resistance points outlined by analysts.
Longer term, the combination of whale accumulation, fresh protocol upgrades, and greater accessibility through partnerships like Onramp Money may help to strengthen Pi’s position in the market.
The project’s challenge will be balancing supply inflation with real adoption and securing listings on major exchanges such as Binance or Coinbase to unlock deeper liquidity.