Pi Network's native token, PI, continues to trade below the key $0.10 level even as the project rolls out its Protocol 27 testnet upgrade and announces a new real-world payments partnership. As of Monday, PI was quoted at $0.08838, down about 2.41%, slipping back below the 20-day exponential moving average and a trendline that had briefly turned bullish. Last week, PI had broken above a descending trendline from April's high and spiked to $0.11060 before settling near $0.091.
The Protocol 27 upgrade is described as a technical step to improve the Pi Network blockchain's scalability, security, and developer experience. It remains on testnet, but the project is now reported to be targeting September 15, 2026 for a mainnet rollout, although some earlier coverage noted that no definitive public launch date had been set. The upgrade is part of Pi Network's long-awaited roadmap toward an Open Mainnet.
Separately, Pi Network has joined RoboPay as a payment partner, which would eventually allow PI holders to pay for real-world robot services. While this adds a new utility angle, it has not been enough to lift PI's price in the short term. Market participants remain cautious because PI's current value is driven largely by sentiment and speculation, with limited utility while the mainnet is not fully open. The $0.10 level is acting as a psychological barrier, and a sustained move above it would likely require stronger catalysts tied to mainnet progress or new exchange listings.
