Pi Network Launches Protocol v25 As Price Faces Resistance

Pi Network officially activated Protocol v25 on July 22. The update introduces advanced cryptography and a redesigned app interface for the network. Despite the technical improvements, the price of PI failed to sustain its recent push above $0.10. After hitting an intraday high of $0.103 on July 19, the token has since retreated to around $0.0918.

Traders had increased their positions leading up to the launch date, hoping the upgrade would serve as a catalyst for a sustained rally. However, market volume tells a different story. Daily volume dropped significantly from $33.7 million on July 20 to $18.5 million on the day of the release. This pattern mirrors previous protocol updates where excitement faded shortly after the news dropped.

While the technology improves, significant token supply remains a factor. Current data shows that roughly 1.71 billion PI is set for release over the next year. This scheduled supply creates a natural ceiling for the price, as the market struggles to absorb the tokens against relatively thin liquidity. Investors are now waiting to see if these technical upgrades can eventually translate into actual user demand rather than just short term trading activity.