Important Pi Network News and PI Price Update: October 13
Pi Network’s crew is anticipated to finish one other main ecosystem improvement later this week, and it stays unclear whether or not the transfer will gasoline a value surge for the native token and even arrive as scheduled.
PI continues to underperform, with its valuation nosediving by 60% over the previous 12 months and at present buying and selling simply above its all-time low ranges.
What’s Coming?
2026 has been fairly eventful for Pi Network by way of protocol updates. The Core crew started the prolonged course of at first of the 12 months by implementing model 19.6. It later deployed v20.2, which laid the inspiration for good contract capabilities and many extra.
The summer time additionally noticed vital exercise on that entrance, with Pi Network unveiling variations 25 and 26, which got here after their preliminary deadlines. The final technical replace on that checklist was protocol v27, which ought to have deployed on September 15 but additionally came later than anticipated.
All eyes are actually on protocol replace v28, scheduled for implementation later this week. X person Giannis Andreou said the improve is dwell on Pi Testnet, with Mainnet activation anticipated to reach on October 16. Meanwhile, node operators should improve by tomorrow (October 13).
“The replace improves transaction-data dealing with and lets builders improve teams of good contracts collectively. A deadline for operators as PI prepares its subsequent community improve,” he concluded.
Biggest Week Ahead?
X person sunday peter additionally commented, claiming that Pi Network’s “largest week of 2026 is lastly right here.” They claimed that the subsequent few days might mark a “large turning level” for the way forward for the venture, outlining the approaching protocol improve, PI’s good contracts which are formally dwell on GitHub for neighborhood testing, audits, and constructing, Pi Network’s partnership with luxurious automaker Lotus Cars, and the collaboration with Open USD (OUSD).
As CryptoPotato just lately reported, the controversial crypto venture teamed up with Open Standard (the corporate behind the newly launched stablecoin). The partnership might ultimately introduce OUSD-based rewards and extra utility to Pi Network’s ecosystem. The Core crew has not revealed any additional improvement particulars, but many X customers have shared their ideas. Pi News, for example, said:
“The attention-grabbing half isn’t simply the partnership; it’s the potential utility that may come from it. If Pi can join OUSD with rewards, funds, and ecosystem functions, this might grow to be a significant infrastructure layer for Pioneers. Waiting to see the implementation particulars.”
PI Price Outlook
As of now, the altcoin trades simply north of $0.08, a staggering 97% crash from its all-time high of round $3 at first of 2025. Investors and merchants might hope the upcoming protocol improve triggers a much-needed rebound, however the value hasn’t all the time moved larger after earlier updates. Moreover, they need to be ready for a attainable delay, as Pi Network’s crew has a behavior of suspending essential developments.
According to X person Crypto With Gopal, PI has proven a possible double backside on its day by day chart and is at present holding a help zone round $0.075-$0.085 after a protracted downtrend.
“Buyers try to stabilize value, however a bullish reversal shouldn’t be confirmed but. A breakout above $0.10-$0.12 might strengthen restoration momentum. Losing $0.075 would weaken the setup,” he concluded.
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