- Pi Network price correction could seek support at nearby horizontal levels of $0.1123, $0.1 and $0.083.
- Pi2Day 2026 announced three key products including SoloHost, Pi Sign-In, and PiVerify.
- Open interest associated with PI’s futures contract has dropped to $10.03 million, signalling reduced speculative pressure for price.
Pi, the native cryptocurrency of the Pi Network ecosystem, remains under high selling pressure on Tuesday, currently trading at $0.1133. The Pi Network price is just inches away from its record low of $0.1120, which it hit just yesterday amid weak retail interest and the Pi2Day updates failing to translate into new buying demand. If the current momentum persists, these are the key support levels for PI holders.
Buy-the-Rumor Sell-Off Hits PI Token as Ecosystem Tools Launch
The Pi community recently witnessed a classic “buy the rumour, sell the news” scenario with its highly anticipated annual global celebration—Pi2Day 2026. While the event was expected to unveil the project’s next growth phase, which it did with three major announcements, the short-term price trajectory turned strongly bearish.
In the last three days, the Pi Network price has plunged from $0.1295 to the current trading value of $0.1138, registering a loss of 12.13%. Similarly, the asset market cap dropped to $1.22 billion.
Increased anticipation often leads to pre-event positioning, and it subsequently leads to position closures as realised developments occur. Open interest in PI derivatives recorded a significant decline through major platforms, reflecting reduced leverage and traders unwinding bets.
According to CoinAnk data, the open interest tied to PI’s futures contracts dropped to $10.03 million. In PI’s case, the contraction underscores a market digesting the news without immediate follow-through buying.
During Pi2Day, the Core Team unveiled three key products focusing on compute, identity, and AI infrastructure to bridge the internal ecosystem with external developers and businesses.
- SoloHost (Beta): A permissionless framework within Pi Desktop for building and running self-hosted applications, including local AI agents. It paves the way for distributed computing use cases, empowering developers and users to leverage personal hardware for decentralized apps and AI workloads.
- Pi Sign-In: A decentralized authentication solution allowing Pioneers to log into third-party websites and applications using their Pi credentials. This extends Pi’s verified identity layer beyond its native ecosystem, tapping into the project’s massive user base for broader adoption.
- PiVerify: Pi’s flagship identity service that offers its proven real-human KYC and verification capabilities to external companies. Third-party platforms can integrate PiVerify for reliable user onboarding and compliance.
Of the three, PiVerify is the most direct potential catalyst for Pi token utility and demand. By enabling paid or integrated verification services for outside clients, it creates a tangible economic link between Pi’s core strength — its large, verified human network — and real business needs.
However, success will hinge on adoption metrics — particularly around PiVerify integrations and SoloHost activity.
Pi Network Price to Test $0.1 Psychological Level
By press time, the Pi Network price trades at $0.1138 with an intraday loss of 3.18%. This downward trend, backed by a sufficient spike in trading volume, indicates strong conviction from sellers to continue this momentum.
Currently, the Pi price seeks support at the S2 floor of the traditional pivot level, positioned at $0.1123. A potential breakdown below this level will plunge the price another ~11.8% and retest the combined support of the downsloping trendline and $0.1 psychological level.
Since October 2025, the downsloping trendline has bolstered two major reversals with double-to-triple-digit gains. The momentum indicator RSI dropped to the oversold region at 27, further reinforcing a trigger for a price rebound.
If the support holds, the Pi Network price could rechallenge the immediate resistance of $0.14.
Under a pessimistic scenario, the Pi Network price prediction could continue to witness weak demand pressure and extend its downtrend to the next significant support at $0.0835 and $0.0546.
