Pi Network Price Struggles Below $0.10 Ahead of Protocol 28 Activation

Pi Network's price continues to hover below $0.10 as it prepares for Protocol 28, which is set to be activated on October 16.

The token currently trades near $0.0893 according to CoinGecko market data, down roughly 2% over the past 24 hours but still 2.3% higher than a week ago.

Pi Network's Core Team announced that Protocol 27 had been successfully completed on Mainnet and that Testnet has already advanced to Protocol 28, which improves how the network handles delays in transaction data and enables developers to upgrade groups of smart contracts at once.