Pi Network’s price rose 1.79% to $0.128 over the past 24 hours, tracking the recovery in the broader Bitcoin market. The move came as the global cryptocurrency market rose 1.39% to $2.18 trillion.
The broader cryptocurrency rally lifts the price of Pi Network
The recent increase in Pi’s value appears to be related to broader market strength, rather than a new project-specific driver. Bitcoin price rose by 2.37% at the same time, boosting smaller assets
Geopolitical tensions diminished and market sentiment improved. President Donald Trump halted scheduled US air strikes against Iran, which helped risk appetite in global markets.
There was also reaction from merchants to the date SpaceX IPO On June 12th. The company raised $75 billion and announced its acquisition of 18,712 Bitcoin. This announcement boosted sentiment towards Bitcoin and increased speculative demand.
June 18 Protocol 25 node upgrade deadline
The next crucial test for the Pi Network is the Protocol 25 node upgrade deadline. According to the Pi Core team, all major network nodes must be upgraded by June 18.
Nodes that do not meet the deadline can be disconnected from the network. The team also warned that the process may have been longer than usual.
Pi Network sets the deadline for an important mainnet upgrade
pi network (@PiCoreTeam) $PI It says that all mainnet nodes must upgrade to Protocol 25 before June 18.
Nodes that fail to complete the update risk losing network connectivity.
The project indicated that the upgrade process had… pic.twitter.com/IOknwmp9Di
-BSCN (@BSCNews) June 9, 2026
In the meantime, the future of Bitcoin and successful contract migration are factors that will determine Pi.
Pi Network CEX outflows rise with exchange balances reaching Pi 546 million
Pi Network CEX wallet information revealed more withdrawals than deposits in the past 24 hours. The total balances reached 546.44 million bai, which is estimated at $69.45 million. The exchanges achieved Pi 319,304 in inflows and Pi 579,018 in outflows.
This saw a net outflow of 259,714 Pi across the tracked wallets. OKX, Bitget, MEXC, Gate.io, LBank, and Kraken had negative daily flows. Bionics was the only one that showed a positive change, which indicates the irregular movement of the fluid.
Pi Coin price is eyeing $0.15 if buyers clear this resistance
the Pi coin rose It reached a high of $0.1270 after the $0.12 support area on the four-hour chart was defended by buyers.
A clear upward move above $0.13 will open the way to $0.14. If momentum increases, the next upside target will be near $0.15.
The RSI is at 49.10 and the signal line is at approximately 45.58. This indicates that there is positive momentum despite the lack of good upward control.
Chaikin Money Flow is at 0.01. This reading indicates light capital inflow but weak buying pressure.
If the PI fails to break $0.13, the price may remain trapped between $0.12 and $0.13. The last trading was within this range.
A drop below 0.12 would undermine the foundation of the recovery. It can expose PI to greater losses when sellers regain control.
for now, Long range prediction for Pi coin It is still in a cautious recovery phase. Bulls must have a breakout above 0.13 to change momentum.
