PI Network Token Rises Ahead of Protocol 27 Upgrade

The PI Network's token has risen approximately 3% over the past 24 hours to trade near $0.097 on September 8, putting it within reach of $0.10 as its Protocol 27 mainnet upgrade approaches.

This recent move has taken PI back towards $0.0971, a resistance area that has capped the price for roughly two months. The token is holding above its 50-day exponential moving average near $0.094 while pressing against that resistance on Tuesday.

The Protocol 27 upgrade introduces more flexible smart contract authentication and lays infrastructure for RPC servers, decentralized exchange functions, and automated market maker liquidity pools.