What’s to Expect for Pi Network Price Ahead of August 11 Protocol 26 Upgrade?

Pi Network Price traded slightly lower Monday after completing a 7% rebound during the previous week. PI remains positioned for a possible recovery as the crucial $0.088 support level continues to limit further losses.

The key driver of expectations among traders is the August 11 Protocol 26 upgrade. An effective rollout would build confidence, though the lack of strong momentum would constrain the price action.

The sentiment has been supported by the move of Bitcoin price over $65,000, and Ethereum is nearly at $1,900, and XRP price is over $1.00. The July US inflation report released on Wednesday also waits on the markets to give a clearer indication on the monetary policy.

Producer price and retail sales figures will follow later, potentially creating additional volatility across cryptocurrency markets this week.

Pi Network Protocol 26 Deadline Arrives August 11: What Comes Next?

The Protocol 26 upgrade deadline associated with Pi Network is set to arrive on Tuesday, August 11, giving Mainnet node operators a time constraint to get the upgrade installed. Operators missing the deadline could lose their network connection until they install the required software. 

Pi Core Team described Protocol 26 as an important foundation for the planned Protocol 27 upgrade. The release enhances the security of smart contracts, state management, interoperability, and cryptographic capabilities on the network. 

Reminder: the Pi Mainnet is upgrading to Protocol v26. All Mainnet node operators must complete the upgrade by August 11 to remain connected to the network.

Protocol v26 is a major milestone that improves contract safety, state management, interoperability, and cryptographic… pic.twitter.com/FXM5A8Tzo9

— Pi Network (@PiCoreTeam) July 31, 2026

The purpose of these enhancements is to enable more secure applications and enhanced technical performance across the Pi ecosystem. The deadline may create considerable market interest as Pi has a huge worldwide retail community and operating node network.

PI Futures Open Interest Holds Above $9 Million as Bullish Momentum Builds

PI futures open interest stands at $9.26 million, according to CoinAnk, marking a sixth consecutive day above $9 million. The long-run reading indicates that traders keep their positions as sentiment is improving in the broader cryptocurrency market. 

Stable participation shows that speculative interest is also solid, despite the recent uncertainty regarding PI. The numbers reinforce a cautiously optimistic view instead of a market change characterized by aggressiveness. Further increases in open interest would be a plus to the bullish move, but the price confirmation is necessary before anticipating an improvement.

Will Pi Network Price Break $0.09 and Target $0.10 Soon?

The PI coin price traded at $0.08869 on Monday, slipping 0.34% during the latest four-hour session. PI Network price remains below the $0.090 resistance as weakening momentum limits its recovery.

The token was pushed close to $0.095, and then new selling pressure arose. It has since consolidated between $0.085 support and the $0.090 resistance level.

PI’s Relative Strength Index stands at 46 signals fading momentum without showing oversold conditions.

The MACD line sits at 0.00032, below the 0.00072 signal line. Meanwhile, the negative histogram at 0.00040 indicates increasing short-term pressure.

An upward movement of the future Pi coin outlook above $0.09 may favour an upward movement to $0.095. The psychological $0.10 level can then be within reach due to stronger momentum.

However, losing $0.085 could expose PI to $0.080. Further weakness may send the Pi Network price toward the recent $0.075 support area.