The post Pi Network Price Attempts Recovery After Major Mainnet Migration Update appeared first on Coinpedia Fintech News Pi Network price is showing early signsThe post Pi Network Price Attempts Recovery After Major Mainnet Migration Update appeared first on Coinpedia Fintech News Pi Network price is showing early signs

Pi Network Price Attempts Recovery After Major Mainnet Migration Update

3 min read
PI Network (PI) Price Rises 15% Today Stable Reasons Why PI Crypto is Rising

The post Pi Network Price Attempts Recovery After Major Mainnet Migration Update appeared first on Coinpedia Fintech News

Pi Network price is showing early signs of stabilization after an extended decline, as fresh progress on mainnet migration shifts market attention back to fundamentals. While broader crypto market sentiment remains cautious, Pi’s latest update has sparked renewed interest among holders who had been waiting for clarity on network access and usability. The move is not a breakout yet. Still, it marks a shift in tone from persistent weakness to cautious recovery raising a key question for the market: Is Pi price building a base, or merely staging a short-lived bounce?

Mainnet Migration Update Brings Long-Awaited Clarity

Pi Network has taken a major step toward broader on-chain participation after unblocking mainnet migration access for approximately 2.5 million previously restricted users. The update raises the total number of users eligible to migrate to around 16 million, marking one of the largest verified onboarding efforts among consumer-focused blockchain networks.

The migration process remains gated by Know-Your-Customer (KYC) requirements and a structured mainnet checklist, ensuring that only verified balances transition to the live blockchain. According to the project, this phased expansion follows backend optimizations aimed at easing congestion and improving verification throughput.

Beyond the current batch, the network is also preparing to migrate an additional around 700,000 users in upcoming phases, signaling that Pi’s enclosed ecosystem is gradually transitioning toward a more functional on-chain economy. 

Importantly, this expansion is not merely symbolic, it directly affects how Pi tokens can be used, transferred, and eventually priced by the market.

From a fundamentals perspective, expanding mainnet access reduces long-standing concerns around token accessibility and delayed utility, two factors that have weighed heavily on PI price sentiment in recent months.

PI Price Action Shows Signs of Base Formation

PI price action is beginning to show early signs of stabilization after an extended downtrend. The token has been trading within a clearly defined demand zone, where selling pressure has repeatedly failed to push price to new lows. The chart structure highlights a shift from aggressive downside momentum to sideways compression, often seen during base-building phases. Now, PI network price has started printing higher intraday swings, suggesting that sellers are losing control, even though broader market participation remains cautious.

PI Price

Looking at the short-term charts, the token has broken its downtrend and marked a fresh higher high swing, which displays signs of reversal. In case of further recovery, Pi price may surge 22% toward a well-defined resistance zone near $0.2000. A decisive break above this zone, accompanied by sustained volume, would be required to confirm a trend reversal. Until then, the move remains a recovery attempt, not a confirmed bullish breakout.

Final Thoughts

Pi Network’s latest migration expansion meaningfully strengthens its fundamental narrative, bringing millions of users closer to full on-chain participation. This reduces uncertainty around token usability and supports the idea that Pi network is transitioning from a closed ecosystem toward a functional blockchain economy. That said, price action suggests the market is still in a wait-and-see phase. While the demand zone is holding and downside momentum has slowed, Pi network must reclaim key resistance levels to shift sentiment decisively bullish.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Teucrium CEO Highlights Growing XRP Liquidity After CME’s Big Move

Teucrium CEO Highlights Growing XRP Liquidity After CME’s Big Move

TLDR Teucrium CEO Sal Gilbertie praised the growing liquidity in the XRP ecosystem following CME Group’s announcement. CME Group plans to introduce options on XRP futures, alongside existing futures contracts, starting October 13, 2025. The new XRP options will be available in both standard and micro-sized contracts to cater to a broader audience. The move [...] The post Teucrium CEO Highlights Growing XRP Liquidity After CME’s Big Move appeared first on CoinCentral.
Share
Coincentral2025/09/20 06:44
European Union Moves Closer to Digital Euro Launch

European Union Moves Closer to Digital Euro Launch

The post European Union Moves Closer to Digital Euro Launch appeared on BitcoinEthereumNews.com. The European Union is developing its project regarding the digital euro, which will ensure enhanced sovereignty and a breakthrough in payments in 2025. The leaders of the European Union met an important meeting on September 19, 2025 in Copenhagen to further advance the digital euro project.  The Digital Euro is not merely a new currency, but it is the emblem of the sovereignty of Europe and the empowerment of cross-border payments, which is an institutional agreement in strong will.  President of European central bank Christine Lagarde and other senior officials. The development is a significant step towards the introduction of a digital currency that is supported by the ECB. Digital Euro: Political Powerhouse, Not Just Money Digital Euro is currently under the intense geopolitical pressure and competition developing quickly. The digital euro does not merely represent a payment system, as ECB President Lagarde pointed out during the Eurogroup meeting.  She emphasized that it is a political message in terms of the capacity of Europe to regulate its payment systems and sovereignty. This infrastructure in Europe is to make sure that payment across countries is independent. Finance Minister Paschal Donohoe affirmed that there had been agreement on the institutional structure and talked about restrictions on the amount of digital euros held.  Nevertheless, certain upward information concerning holding caps is still in the process of development. The strategy does not interfere with the mandate and autonomy of individual institutions. The balance that Donohoe highlighted was a valuable move to develop this vital project in a timely manner.  Geopolitical Tensions Accelerate Digital Euro Drive Geopolitical uncertainties and the global changes in the economy are the drivers that create the urgency to digitalise the currency in Europe.  Managing Director of European Stability Mechanism Pierre Gramegna emphasized that there was a stronger motivator because of…
Share
BitcoinEthereumNews2025/09/21 15:32
Jim Cramer Sounds Alarm On Bitcoin’s Unreliability As A Short-Term Currency After Brutal Weekend Drop To $74,000 ⋆ ZyCrypto

Jim Cramer Sounds Alarm On Bitcoin’s Unreliability As A Short-Term Currency After Brutal Weekend Drop To $74,000 ⋆ ZyCrypto

The post Jim Cramer Sounds Alarm On Bitcoin’s Unreliability As A Short-Term Currency After Brutal Weekend Drop To $74,000 ⋆ ZyCrypto appeared on BitcoinEthereumNews
Share
BitcoinEthereumNews2026/02/03 16:40