TLDR:
- Pi Network price traded near $0.094 after a 4% daily gain, placing PI within reach of the closely watched $0.10 resistance level.
- Protocol 27 has entered Testnet testing and adds more flexible, secure smart contract authentication for accounts and applications.
- Four-hour RSI reached 77.67 while Chaikin Money Flow held at 0.16, showing strong momentum alongside rising pullback risk.
- Pi targets September 15 for the Mainnet upgrade, though testing results and node readiness could still change the rollout schedule.
Pi Network price moved closer to the $0.10 threshold after Protocol 27 testing began on the network’s Testnet. PI traded near $0.094 during Friday’s market recovery, gaining about 4% over 24 hours.
Bitcoin approached $79,500 as crypto capitalization neared $2.6 trillion. Protocol 27 will improve smart contract authentication. Pi targets a September 15 Mainnet upgrade, subject to testing. Traders now watch $0.10 and the rollout schedule through September testing.
Pi Network Price Tests $0.10 as Crypto Momentum Builds
The Pi Network price benefited from renewed demand across large and smaller cryptocurrencies. Bitcoin reached a 14-week high, while XRP and other altcoins advanced. Short liquidations also accelerated market moves as traders closed bearish positions.
PI changed hands near $0.0939 after rising roughly 4% in 24 hours. Later market readings placed the token between $0.094 and $0.096. That range left the Pi Coin price within six percent of the closely watched $0.10 level.
Pi Network price gained momentum, but PI still needs a confirmed breakout. A four-hour close above $0.095 would strengthen the case for another test of $0.10. Repeated rejection below that area could keep trading confined around the recent range.
Pi Network price momentum shows short-term buyer control. The four-hour Relative Strength Index reached 81.50, placing PI in overbought territory. Such readings can accompany strong breakouts, but they also increase the chance of profit-taking after rapid gains.
Chaikin Money Flow stood at 0.16, keeping capital flow above zero. That reading suggests net buying pressure during the measured period. The indicator would weaken if it slips below zero while price falls under nearby support.
The first support sits around $0.09, which previously limited the token’s upward push. A sustained break below that level could expose $0.085. The lower boundary of the ascending channel places $0.08 as the next downside area.
PI/USD 4-Hour Chart. Source: TradingViewProtocol 27 Sets September 15 Target After Testnet Launch
Pi Network began upgrading Testnet after completing Protocol 26 on Mainnet. The project describes Protocol 27 as the final planned upgrade in the current sequence. Its official announcement targets September 15 for the Mainnet transition.
Protocol 27 introduces more flexible and secure smart contract authentication. The change expands how accounts and applications can approve transactions. Developers could use those options to build more advanced authorization rules and transaction flows.
The upgrade follows Protocol 26, which improved contract safety, state management, interoperability, and cryptographic functions. Together, both releases aim to bring Pi Mainnet in line with the network’s latest protocol features.
The rollout uses staged testing before live deployment. Testnet provides a lower-risk environment for identifying compatibility issues, authentication failures, and node problems. Further testing must occur before Mainnet adopts the same code.
Community reports have also linked Protocol 27 with RPC servers, decentralized exchange functions, and automated market maker liquidity pools. Pi’s official announcement focused on authentication and did not specify individual applications. Adoption will depend on how developers use the expanded controls.
The September 15 date remains a target rather than a guaranteed completion date. Testing results, node readiness, or technical faults could alter the schedule. Pi Network’s node page now instructs Mainnet operators to prepare for version 27.
For the Pi Network price, the upgrade creates a defined event traders can monitor. A move above $0.10 would place PI outside its immediate range. Failure to hold $0.09 would shift attention toward $0.085 and the channel structure.
Protocol progress alone does not determine the Pi Coin price. Network usage, application activity, exchange liquidity, token supply, and wider market direction also shape demand. The next testnet phase will show whether the new authentication system performs consistently before Mainnet deployment.
The post Pi Network Price Nears $0.10 Before Protocol 27 Mainnet Upgrade appeared first on Blockonomi.

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