Pi Network’s PI token is holding a key support level at approximately $0.135, with analysts suggesting a bullish reversal could be forming. If the support holds, a potential target range of $0.28–$0.30 is indicated. Separately, the network has introduced an Ecosystem Directory Staking feature, aiming to improve app discoverability within its ecosystem of over 60 million active users.
The Pi Network (PI) token is currently trading at $0.1353 with a market capitalization of $1.46 billion. Its price is holding at a key support level, signaling a possible area of accumulation by buyers.
Crypto analyst Aman stated the token has retreated to a trendline support that previously spurred a strong rally. “Such a configuration on the PI price chart suggests that the accumulation area has been formed, and the buyer is keeping the position intact.”
If this support holds, analysts note the PI price could aim for a range of $0.28–$0.30. A failure to hold this level would likely negate the positive outlook and extend consolidation.
Separately, the Pi Network core team has revealed the network has more than 60 million active users. To address app discoverability challenges, it has launched Ecosystem Directory Staking.
This new feature allows users to stake their PI tokens to support apps, with higher stakes improving an app’s visibility in the ecosystem directory. The system aims to align community incentives by letting users promote useful applications while developers benefit from increased engagement.
