Why Is Pi Network Price Up by 10% Today?
Highlights
- Pi Network price climbed 8.18%, supported by broader cryptocurrency recovery.
- Four developer upgrades precede Pi’s Ecosystem Summit, targeting easier development.
- Reclaiming $0.070 could support further gains toward $0.075 and $0.080.
Pi Network price increased 10% to $0.0707 over 24 hours, placing it among the session’s strongest performers.
The advance came as cryptocurrency markets recovered from a pullback, with Bitcoin rebounding and buying spreading across major tokens.
Total crypto market capitalization rose 1.23% to $2.49 trillion during the same period, according to the supplied figures. Bitcoin remained below $74,000, while Ethereum traded at $2,107 and XRP changed hands near $1.09.
Pi Network Price Gains 10% as Traders Await US CPI Data
Traders now await US CPI, PPI, and initial jobless claims releases for clues about Federal Reserve policy. October CPI is scheduled for Tuesday at 8:30 a.m. ET, with economists expecting a 0.3% monthly increase.
🚨 REMINDER: 🇺🇸 U.S. CPI DATA DROPS TODAY AT 8:30 AM ET!
Due to missing data from the 2025 government shutdown, only monthly CPI inflation rates will be published today.
Previous: 0.6% • Forecast: 0.3% (MoM)
IF INFLATION > 0.3% → MARKETS SELL OFF HARD
IF INFLATION = 0.3% → EXPECT A MIXED REACTION
IF INFLATION < 0.3% → MARKETS RALLY HARD— Crypto Rover (@cryptorover) November 10, 2026
A higher reading could strengthen rate hike expectations and pressure cryptocurrencies, while softer inflation could support a short squeeze. The report will lack an official annual inflation comparison because October 2025 data were unavailable following the government shutdown.
Meanwhile, falling crude oil prices could ease energy cost pressures, although today’s inflation report covers prices recorded during October. Pi’s recovery remains exposed to volatility around today’s economic release.
Pi Network Rolls Out Four Developer Upgrades Ahead of Ecosystem Summit
The Pi Network team has released developer upgrades ahead of its first Ecosystem Summit, scheduled for November 17–19.
The redesigned Developer Portal brings application settings together, simplifying configuration and management. Pi BlockExplorer now displays historical prices for Launchpad Testnet tokens, showing changes against Test-Pi.
Pi’s first Ecosystem Summit streams on YouTube: technical demos, new feature announcements, developer conversations and Pi Network founders Chengdiao Fan and Nicolas Kokkalis.
Nov 17 and 18: 8:00 AM PST / 4:00 PM UTC
Nov 19: new 200,000 USDT hackathon kickoffCheck out your Pi App home screen announcement for more details!
— Pi Network (@PiCoreTeam) November 7, 2026
A new SoloHost skill helps AI assistants package existing applications for distribution through Pi Desktop. PiVerify has added face uniqueness checks and repeated liveness verification for businesses seeking stronger identity screening.
Pi says these changes aim to simplify development and expand practical applications for its community.
The summit will feature developer demonstrations and discussions, followed by a November 19 hackathon kickoff offering 200,000 USDT in prizes. YouTube presentations will include founders Chengdiao Fan and Nicolas Kokkalis.
Pi’s first Ecosystem Summit streams on YouTube: technical demos, new feature announcements, developer conversations and Pi Network founders Chengdiao Fan and Nicolas Kokkalis.
Nov 17 and 18: 8:00 AM PST / 4:00 PM UTC
Nov 19: new 200,000 USDT hackathon kickoffCheck out your Pi App home screen announcement for more details!
— Pi Network (@PiCoreTeam) November 7, 2026
Will Pi Network Price Recovery Continue?
As of the reporting, the Pi Coin price traded at $0.06998 on the four-hour candle. PI is recovering from roughly $0.062 following the November 9 selloff.
PI’s recovery remained inside the ascending channel drawn on the chart, with immediate resistance near $0.070.
The relative strength index recovered to 47 after briefly falling below the 30 threshold associated with oversold conditions.
The Chaikin Money Flow recovered to 0.03 after dipping sharply into negative territory during the selloff. That slightly positive reading suggested modest buying pressure, although its proximity to zero limited evidence of strong accumulation.
A sustained move above $0.070 could bring $0.075 into focus. Clearing $0.075 would expose $0.080 as the next chart target, roughly 14% above $0.070 as per the future Pi Coin outlook. Stronger volume and sustained positive money flow would support the breakout case.
On the downside, $0.067 remained the nearest marked support beneath the current Pi Network price. A channel breakdown followed by a loss of $0.067 could expose $0.065, then the recent low near $0.062.
Instant Currency Exchange at BestChange with Ease
- Compare Rates Across 1000+ Exchanges
- Access 250+ Cryptocurrencies & Pairs
- Save Time with Real-Time Price Tracking
- Trusted & Verified Exchange Listings
Frequently Asked Questions (FAQs)
1. Why is Pi Network price rising today?
2. Which economic releases could affect Pi Network price?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
24 Hours volume
$21.19B
Market Cap
$1.69T
Max Supply
21M
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
CRYPTO IMPACT AWARDS 2026
