Pi Network Traders Watch Protocol 27 Upgrade Closely

Pi Network saw its price climb 3 percent over the last day to reach $0.0964. This steady movement happens as the broader crypto market shows signs of life, with Bitcoin recently moving above $81,200 and Ethereum rising past $2,500.

While major coins are seeing significant gains, Pi remains in a period of consolidation. Investors seem to be holding back slightly ahead of the September 15 upgrade. This update is vital because it introduces Protocol 27, which is expected to support the launch of a native decentralized exchange.

The upcoming rollout is a major test for the project. Traders are looking to see if the new technical infrastructure can generate enough demand to push the price beyond recent ranges. We are keeping a close eye on the market reaction once the upgrade officially goes live.