TLDR

  • The price of Pi Network (PI) increased by 7.41% to $0.162, rebounding from its annual low of $0.1302.
  • A mainnet upgrade deadline is scheduled for February 15, 2026, mandating all node operators to install version 19.6.
  • U.S. inflation fell to 2.4% in January from 2.6% in December, raising expectations for interest rate reductions by the Federal Reserve.
  • The total cryptocurrency market grew 4.84% to $2.4 trillion, lifting Pi Coin along with other digital assets.
  • Technical analysis indicates an RSI of 66 and a CMF of 0.41, reflecting robust buying momentum and potential resistance near $0.17.

Over the past day, Pi Network’s price rose 7.41% to $0.162, following a week of downward pressure. This rebound represents a recovery from the token’s lowest point this year, which was $0.1302.

PI Network (PI) Price

Trading volume exceeded $32 million as the price moved above $0.15. This upward movement coincides with several supportive developments for the digital currency.

Pi Network has set a deadline of February 15, 2026, for node operators on the mainnet to update to version 19.6. This upgrade aims to optimize performance, strengthen security, and enhance scalability.

As of February 2026, more than 16 million users have transitioned to the mainnet. The development team emphasized that nodes must implement the upgrade to maintain their network connection.

To enhance Know Your Customer (KYC) processes and two-factor authentication, the project is trialing palm-print verification. Pi Network is also broadening its ecosystem through Pi DeFi, PiDAO governance, and partnerships with university innovation hubs.

The team has submitted its Markets in Crypto-Assets (MiCA) regulation whitepaper, aiming for listings on regulated European exchanges before 2026. While Kraken has included Pi Network on its listing roadmap, this does not assure an eventual listing.

Inflation Data Supports Market Recovery

January’s U.S. inflation report revealed the Consumer Price Index decreased to 2.4%, down from 2.6% in December. This result was slightly lower than the forecast of 2.5%.

Core inflation remained unchanged at 2.5%. This economic data has increased speculation that the Federal Reserve may enact three rate cuts within the year.

Reduced interest rates are generally favorable for cryptocurrencies and similar risk-on investments. Investors frequently allocate capital to crypto assets when returns on traditional savings accounts diminish.

Broader Market Momentum

The total market capitalization for cryptocurrencies expanded by 4.84% to $2.4 trillion in the last 24 hours. Major digital assets like Bitcoin and Ethereum registered gains in the wake of the inflation data.

Pi Coin’s appreciation aligns with the wider market upturn. Its Relative Strength Index (RSI) is currently at 66, nearing levels considered overbought.

The Chaikin Money Flow (CMF) indicator stands at 0.41, signaling substantial buying interest. Market technicians identify $0.17 as the immediate resistance level to watch.

Surpassing $0.17 could propel Pi Network’s price toward $0.1750 or potentially $0.20 in the short term. Current support levels are found at $0.15 and $0.1450.

Some market observers caution that the recent gain may be a dead-cat bounce—a short-lived rally within a prevailing downtrend. The asset continues to trade below all its key daily moving averages.

The price action formed a double-bottom pattern around $0.1537 but has not overcome significant resistance barriers. The Supertrend indicator continues to flash a bearish signal.

Earlier this week, the token established a new all-time low at $0.1280. A decline below this threshold might lead to a further drop toward the $0.10 level.