Key Pi Upgrade Lands. $1 Price Tag Still Has To Be Earned.

DailyCoin2026/09/14 20:00

By:DailyCoin

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Pi Network’s (PI) core team has just shipped the latest edition of Pi Desktop, known as the 0.6.3 version. The team has been hammering away on SoloHost updates. That’s the flashy fundamental framework for self-hosted decentralized applications (dApps) on Pi’s mainnet.

One of the key adjustments is the new ranking system by SoloHost, which allows the most popular apps to be more discoverable across new Web3 users. More of these apps are now compatible with artificial intelligence (AI) agents.

Why Pi’s Latest Upgrade Is Labelled An “8-Year Pay-Off”

This gives Pioneers more ways to use their computers for self-hosted apps: an enhancement of that kind is particularly important for Pi’s emerging gaming ecosystem, as games like Fruity Pi are testing out the Play 2 Earn (P2E) modes. The enhanced smart-contract authentication works for marketplaces too.

The new chain upgrade, dubbed as Protocol 27, is set to go live on September 15, 2026. Some Pioneers even called this “the pay-off after 8 years” for constantly mining Pi Coin. Members shared messages urging the Pi Core Team to deliver smart contracts and DEX features with much enthusiasm.

The new Protocol 27 stems from Stellar Lumens (XLM), as the network is derived from the same code. This mainnet upgrade offers features like AMM-based liquidity pools for a DEX, and public RPC infrastructure, coming months after successful Pi testnet phases and node upgrades. Will this new functionality reflect on Pi Coin’s price?

Pi’s Double EMA Crossover & Key Challenge Remaining

The current setup suggests crypto whales are buying the dip around the $0.09777 level, with the Chaikin Money Flow (CMF) displaying dwelling in the green area since September 12, 2026. The current Double Exponential Moving Average (EMA) reading provides us with another glimpse: the crossover above that green line is theoretically bullish, but extra fragile.

Presently, Pi Coin’s market value is capped below $0.10 due to one simple reason: lack of action in terms of trading volume that has shaped the mobile-mining altcoin’s story this month. When the underdog factor gets removed from the picture and Pi Network’s volume boasts from tens to at least hundreds of millions, Pi Coin HODLers can expect a revisit of $0.50 or even $1.

Market Sentiment

100% Bullish

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

1. Technology stocks fell sharply as investor interest shifted toward energy and selected defensive assets. From October 10 to 16, the Nasdaq 100 declined 5.49% and the S&P 500 fell 1.95%, while the Dow gained 0.67% and WTI crude rose 10.41%. BTC, ETH, and SOL declined 1.27%, 2.65%, and 4.44%, respectively. This week's technology earnings will be an important test of whether revenue growth, margins, and cash flow can justify current valuations. Better-than-expected results could help stabilize markets in the near term. 2. Crypto continues to see pockets of strong activity, but a broad-based altcoin season has yet to materialize. CoinMarketCap's (CMC) Altcoin Season Index stood at 54 as of the October 18 UTC daily observation, below the altcoin-season threshold of 75, while BTC dominance rose to 60.08%. Our proxy leverage ratio fluctuated between 4.00 and 4.07 during the week, showing no sustained increase and suggesting limited appetite for additional leverage. Meanwhile, as major exchanges expand access to traditional financial assets, the recent sell-off in AI-related equities could attract short-term speculative capital away from crypto. Such capital rotation could make it more difficult for a new altcoin season to take hold. 3. Papertrade's loss-to-mine model has generated significant interest across the crypto community. The protocol combines high-leverage derivatives trading with zero slippage and a mechanism that rewards trading losses with PAPER tokens. Across the eight complete UTC days from October 10 to 17, cumulative reported revenue reached approximately $56.08 million, including $51.90 million distributed to token holders. With growing participation from key opinion leaders (KOLs), Papertrade has reportedly ranked among the top three platforms by profitability in the broader market recently. Assets to watch: BTC, ETH, SOL, ARB, OP, SKHYNIX, SKHY, META, TSLA, LRCX, and SPCX. Key research priorities this week: Cash flow performance in technology earnings; the relative discount and holding costs of the two SK Hynix contracts; and U.S. initial jobless claims and PMI data. Weekly market data cover the period through October 16, while research information was verified through October 18. Observation periods are specified separately for each chart.

Bitget•2026/10/19 06:51