Pi Network Price Prediction: Pi coin at $0.22 on the brink of collapse, expected to rebound in 2026?

Pi Network The price continues to hover around 0.22 USD, nearing the ATL and facing increased downward pressure. Slow Mainnet deployment, lack of on-chain activity, and increased supply from Token unlocks have created a triple Unfavourable Information that undermines investor confidence. The Protocol 23 upgrade is expected to go live at the end of Q4 2025 or early Q1 2026 as the only hope.

Analysis suggests that a breakout of Pi coin above 0.25 USD could trigger a rebound to 0.30 USD, but falling below 0.22 USD will set a new low. With liquidity depletion, the price prediction for Pi Network is extremely uncertain.

Pi coin price is in an ATL predicament

(Source: Trading View)

As of October 10, the price of Pi coin is temporarily reported at 0.22 USD, struggling continuously in the range of 0.22-0.23 USD, approaching the ATL. The market's dissatisfaction with the Pi Network team's lack of recent updates and transparency is accumulating, and investor confidence is gradually fading.

· Three Unfavourable Information factors suppressing PI price

Mainnet Deployment Seriously Delayed: The complete Mainnet has yet to launch, and on-chain activities have almost come to a standstill, causing the project to lose its growth momentum. Compared to other blockchain projects, the development progress of Pi Network is significantly lagging and unable to attract developers to build an application ecosystem.

Token Unlocking Supply Pressure: Continuous token unlocking is bringing more PI token supply to the market, but the demand side has failed to keep up. The supply-demand imbalance directly leads to sustained selling pressure on prices, especially in situations where liquidity is already depleted, as large sell-offs may trigger a rapid price decline.

Liquidity Crisis Worsens: Market liquidity is extremely weak, and large transactions can easily cause severe price fluctuations. Many exchanges have limited support for the PI coin, further exacerbating the liquidity problem. Investors find it difficult to enter and exit positions at ideal price levels, increasing the risk of holding coins.

The new round of selling triggered after falling below $0.25 has brought the PI price down to the current level of around $0.22. If there is no strong buying pressure or solid technical support, the price may continue to decline to $0.20 or even lower, setting a new ATL.

Pi Network Price Prediction: Protocol 23 Becomes the Only Lifeline

Despite the recent weak trend, some analysts and community members still hold hope for a market rebound. All optimistic expectations are focused on the protocol 23 upgrade currently being tested, which is a key milestone on the Pi Network's technology roadmap.

· Potential Impact of Protocol 23 Upgrade

The protocol 23, expected to launch on the Mainnet at the end of Q4 2025 or the beginning of Q1 2026, will bring significant improvements to Pi Network:

Smart Contract Support: Allows developers to build dApps and expand use cases.

Network Performance Optimization: Enhance transaction speed and scalability

Developer Ecosystem Construction: Attract more projects to build on the Pi blockchain.

User Growth Catalyst: New features may bring a new wave of user influx.

If protocol 23 is successfully deployed and achieves the expected effects, this will be a significant favourable information for the long-term value of Pi coin and the price prediction of Pi Network. The question is: is the market willing to wait for this upgrade that may not be realized until months later?

Pi Network Price Prediction Key Resistance and Support

Bull Market Scenario:

Breakthrough 0.25 USD: may trigger a short-term rebound, rising to the range of 0.28-0.30 USD

Protocol 23 successfully launched: Medium to long-term target may challenge $0.35-$0.40.

Ecological applications explosion: If the dApp ecosystem is successfully established, it is expected to return to above 0.50 USD in the long term.

Downside Risk:

Dropped below $0.22: May accelerate down to $0.20 or even $0.18 for a new ATL.

Token unlock acceleration: Supply pressure may push the price down to 0.15-0.18 USD

Continuous upgrade delays: If Protocol 23 cannot go live as scheduled, it may trigger a loss of confidence.

Pi coin Investment Risks and Opportunity Assessment

Pi Network has a large community base covering 200 countries, which is its biggest advantage. However, community activity cannot directly translate into Token value, especially in situations where technological progress is slow and application scenarios are scarce.

· Key Indicators for Investors to Pay Attention To

Recent Catalysts:

1. Protocol 23 Test Progress Update

2. Mainnet deployment timeline confirmation

3. Token Unlocking Schedule and Quantity

4. Exchange Listing Updates

Long-term Value Driven:

1. Progress of dApp ecosystem construction

2. Developer Community Activity Level

3. Actual application scenarios landing

4. Changes in Global Regulatory Policies

Currently, Pi coin remains a highly speculative asset, with both risks and potential returns. Although the price of $0.22 is close to the ATL, the risk of further decline still exists without a clear catalyst.

Investors should pay close attention to online news and market signals, waiting for clear trend confirmation before making decisions. Currently, the outlook for Pi coin is in a narrow range of fluctuations, waiting for protocol 23 or other significant event catalysts to drive its breakthrough or collapse.