Pi Network (PI) Price Briefly Spikes 4% After Releasing Long-Awaited Mainnet Migration Roadmap

Pi Network's token saw a brief 4% price bump over the past day after releasing its long-awaited Mainnet Migration Roadmap.

Pi Network’s token experienced a brief 4% price bump over the past day, following the release of the long-awaited Mainnet Migration Roadmap. However, the token has since lost most of these gains at press time.

While the movement has caught attention, analysts are still cautious. The newly released roadmap outlines a three-phase plan for transitioning to the mainnet. However, the absence of concrete dates or timelines has frustrated much of the Pi community.

Although the release update helped spark a short-term price reaction, many users have voiced concerns over the lack of clarity, especially as some report inconsistencies in their token balances with no clear resolution in sight.

Adding to the confusion, the Pi Core Team reiterated that all tokens were minted at genesis. This has raised fresh questions about transparency, particularly with 108.9 million tokens unlocked this month alone. Many in the community wonder when and how these tokens will fully migrate.

Pi Network token price analysis: Key levels to watch

Currently, Pi is testing key resistance around $0.66. A breakout above this level could set the stage for a move toward $0.789 or even $0.858, potentially sparking a stronger bullish trend.

If momentum continues, higher targets at $1.23 and $1.79 could become more visible. However, failure to break $0.66 may trigger a pullback toward support zones near $0.54 or even $0.40.

Excitement is also building around Pi Network’s upcoming Consensus 2025 event appearance. Founder Nicolas Kokkalis is scheduled to speak alongside Bo Hines and Eric Trump.

Analyst Dr. Altcoin sees the event as a defining moment for Pi, calling on the core team to expedite KYB (Know Your Business) approvals and DApp launches.

“Huge shoutout to @PiChainOfficial for securing a spot at Consensus 2025. Expecting a slew of DApps to launch in the coming months, and hopefully, we'll see KYB approval for major exchanges soon. Get ready for an exciting year ahead!” the crypto analyst stated.

With Pi trading around $0.6300, its short-term outlook remains volatile. Still, long-term supporters believe the project could reach the ambitious $3 mark, provided the core team executes effectively on both the technical and adoption fronts.

For now, the market remains cautiously optimistic, weighing technical resistance, community uncertainty, and the potential impact of a high-profile showing at Consensus 2025 will have on the project.

The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Cryptocurrency content and analysis on Coin Edition is solely for informational purposes and does not constitute an express or implied recommendation to perform any covered cryptocurrency investment strategy. Use of the content is at the reader's sole risk. Always perform your own due diligence and consult a professional financial advisor for personalized advice. Cryptocurrency prices are volatile and can be impacted by various factors, leading to rapid and significant price movements. This article is not an official statement by Pi Network and should not be treated as such.

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