Pi Network Price Dropped After Missing $0.11 Threshold

The Pi Network's cryptocurrency price dropped after failing to hold onto $0.11 ahead of the Protocol v26 deadline on August 11.

The deadline for Mainnet nodes to adopt the new upgrade has passed, but the Core Team has not yet confirmed completion of the network-wide transition.

The new upgrade introduces several infrastructure changes, including safety improvements and preparations for the final upgrade, v27.

Despite the lack of immediate relevance due to unchanged supply and demand, buyers are focusing on reclaiming the upper end of a recent activity range between $0.080 and $0.100.