Pi Network Price Today: PI Falls 2% as Market Weakens
Pi Network (PI) is under renewed selling pressure on October 24, trading around $0.078, down 2% on the day. The drop is a sign of the weakness across the broader crypto market, with the total market capitalization down 1.37% at $2.7 trillion. Bitcoin (BTC) was below $81,000 and Ether (ETH) dropped below $2,400. In addition to this general market correction, altcoins including PI are under more pressure.
Pi Network is coming to a critical support zone despite the recent launch of a major desktop upgrade. Traders are watching to see if buyers can defend the $0.077 level, or if more selling could push the token to lower price levels. Technical indicators point to downside risks remaining, but further development of the ecosystem may boost investor sentiment.
Pi Core Team Release Desktop Version 0.6.4
The Pi Core Team has released Desktop Version 0.6.4, with improvements that should make accessing SoloHost applications easier. The upgrade allows pioneers to access applications, including local AI agents, via the Pi Browser on their phones, according to its announcement on
The update also has a focus on security, checking application access permissions before installation and every time applications launch. These changes could improve usability and provide developers and users with a more secure environment within the Pi ecosystem.
The upgrade comes on the heels of the Protocol 28 mainnet update that was launched on October 16 to improve network efficiency and smart contract management. Altogether these developments point to ongoing technical work on the network, but their long-term effect on the PI’s market price remains to be seen.
New Catalysts Could Emerge from Pi Ecosystem Summit
Pi Network is about to organize its first-ever Pi Ecosystem Summit from 17th to 19th November. New features and platforms should be announced at the event, according to the Pi Core Team.
These announcements might focus on ecosystem development, application adoption, and potential utility for the network. But whether these developments translate into sustained demand for PI will come down to actual adoption and broader market conditions.# PI Price Prediction: $0.077 Support Remains Critical
PI is trading around $0.078, and thus the $0.077 support level is an important area to watch. The token has not closed below this level since mid-July, showing buyers have historically defended this zone, according to the technical analysis.
But, liquidity on the support could attract more selling. If PI drops below $0.077, the next possible downside target should be $0.074. A drop below that could bring the psychological $0.070 level into focus, a major historical low on the chart.
On the plus side, PI is facing resistance inside the fair value gap between $0.083 and $0.086. A decisive close above $0.084 would strengthen the bullish outlook, while rejection at this level would suggest continued selling pressure.Mixed signals from technical indicators
The Awesome Oscillator (AO) bars have turned green, despite the recent price decline, which may indicate a bullish divergence and fading bearish momentum. The Average Directional Index (ADX) however, is moving higher which implies strengthening trend momentum without independently confirming its direction.
Conclusion: Will Pi Network reach $0.078?
In the near term, Pi Network’s outlook will be determined by whether buyers can defend $0.077, a key support level amid broader weakness in the crypto market. A breakdown could reveal $0.074 and $0.070, while a recovery above $0.084 may boost bullish sentiment. Desktop upgrades, the upcoming ecosystem summit, could be development catalysts but not guaranty price appreciation. Traders should look for support, resistance, market conditions and confirmation from technical indicators before making any conclusions.
