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Crypto

Pi Network Price Nears $0.10 Ahead of Crucial Upgrade

Guavy AI Editorial Team
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The Pi Network token price surged to $0.0975 on Sunday, nearing its psychological barrier of $0.10 after gaining nearly 10% over the past month.

The broader crypto market remained range-bound despite a potential rate hike by the Federal Reserve and increased US inflation.

Pi Network is set to complete its Protocol v27 upgrade on Mainnet, which will introduce more liberal smart contract authentication of accounts and applications, enabling more advanced transaction approvals and services.

The upgrade may provide a catalyst for Pi Coin, but analysts predict that the wider market conditions will be crucial in determining the token's future gains.

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