Key Highlights:
- Pi Network price reclaimed its $0.13 support amid a broader market rebound, signalling an opportunity for higher recovery.
- Pi Network launched the SLICE testnet experiment to evaluate token distribution, user engagement, and Launchpad functionality.
- A bullish divergence in the relative strength index indicator shows strong underlying buying pressure near the $0.13 floor.
Pi, the native cryptocurrency of the Pi Network ecosystem, shows an insignificant gain of 0.2% ahead of Tuesday’s U.S. market hours to trade at $0.136. A neutral candle formation in the daily chart with long rejection wicks on either side indicates the Pi Network price is attempting to stabilize its recent rebound amid some key technical changes in its network.
Pi Network Strengthens Mainnet Infrastructure With Protocol 25 and SLICE Trial
Pi Network faces a tight timeline as it pushes toward full network readiness by June 18, 2026. All Mainnet node operators worldwide are urged to upgrade to Protocol 25 as an urgent move by the development team. It comes after the introduction of Protocol 24 just a few weeks ago. The operators who fail to catch the cut-off may lose their connection to the primary blockchain.
The upgrades target improvements in data reprocessing procedures and greater reliability for smart contracts. The technical enhancements are designed to support operations for the existing user base (around 19 million) who have completed identity verification.
At the same time, the project has expanded hands-on testing through its Launchpad system. After gathering responses from 478,000 users in a March evaluation round, the team activated SLICE, a token restricted to testnet conditions. The SLICE phase continues until Pi2Day on June 28, 2026, and is directly connected to a working test application, Slice of Pi.
The trial employs a Commitment-First Flow mechanism. With this configuration, the system automatically calculates the distribution of accounts based on the amount set by each participant in Test-Pi. A progressive hold is included and works to keep any one large player from dominating the token spreads during the experiment. Project management representatives have already declared that the SLICE tokens have no transfers on the main network status and no external value.
Test activities focus on improving the operations of Launchpad, testing user involvement tools, and examining distribution controls for balanced participation. The task explores these aspects in isolation during live conditions to highlight problems before any wider rollout. Node operators must handle the software transition independently within the given window, while test participants engage with the temporary environment to supply operational data.
The order shows the technical changes that are still being made in the project for the expansion of functionality.
Pi Network Price Recovers From A Major Support Breakdown
Amid the early June correction, the Pi Network price gave a bearish breakdown below the February 2026 low of $0.13. However, with the broader market recovery, the coin price rebounded from $0.123 to $0.136 over the last week, registering a 10.5% gain.
This failed breakdown must have trapped the hasty short-sellers in the market, who are currently at risk of forced liquidation. In addition, the daily RSI slope bottomed at the 22 mark during the recent breakdown, slightly above the 18 value observed during the February low. In technical analysis, this indicates a classic bullish divergence between price and underlying buying pressure, signalling a higher chance for recovery.
If the bullish momentum sustains, the Pi Network price could rise by roughly 17% to challenge the $0.16 resistance, followed by a leap to $0.2. The downsloping exponential moving averages (20, 50, 100, and 200) can act as dynamic resistance against the Pi Network price, and potentially trigger occasional bearish pullbacks in the recovery trend.
In a broader context, the coin price shows a sideways action trend with $0.3 being the key resistance for escape.
