Pi Network Price Surge Fuelled by Upgrade and RoboPay Partnership
The Pi Network cryptocurrency has seen a significant price increase over the past week, rising more than 10% as trading activity and ecosystem developments boost investor confidence.
The upcoming Protocol 26 upgrade, scheduled for August 11 on the Pi Mainnet, is a major catalyst behind the rally. Node operators must complete the required update to remain connected to the network.
The partnership between Pi Network and RoboPay has also contributed to the bullish sentiment, enabling users to pay for robotic services using PI tokens.
From a technical perspective, PI is trading around $0.087 and approaching a key resistance level at $0.090. A decisive breakout above this level could pave the way for a move toward $0.10, with the next major upside target near $0.1145, representing a potential gain of roughly 30% from current prices.