Pi Network’s native token, PI, is drawing renewed attention as it marks its first anniversary since the mainnet launch. The token has seen notable price swings, technical developments, and renewed scrutiny. This article delivers the latest price data, market context, and expert outlooks—straightforward, factual, and timely.
As of today, February 21, 2026, Pi Network (PI) trades in the range of $0.174 to $0.175. CoinMarketCap reports a live price of approximately $0.1742, with a market capitalization near $1.58 billion and a circulating supply of around 9.09 billion PI . CoinCodex shows a similar figure: $0.1765, a 12% gain over the past 24 hours, though still down roughly 94% from its all-time high .
Pi Network’s first mainnet anniversary has sparked short-term optimism. The token surged over 6% to around $0.19 ahead of the anniversary, buoyed by a pause in mainnet migration that temporarily eased selling pressure . TradingView noted a 35% rebound from this year’s low, attributing the rally to the completion of the migration to version 19.6 .
Despite the rally, profit-taking has emerged. Over 4 million PI tokens were deposited on exchanges in the past 24 hours, signaling selling pressure . Technical indicators point to resistance near $0.177–$0.1919, with the 50-day EMA acting as a critical barrier .
Sentiment remains fragile. AInvest reports a 3.7% drop in PI’s price, with 14 of 15 technical indicators favoring further downside. Analysts warn of a potential slide toward $0.14 if resistance holds . Meanwhile, CryptoRank highlights PI as the top-performing token among the top 100 cryptocurrencies over the past week, with nearly a 40% gain .
Pi Network’s price remains far below its February 2025 peak near $2.98–$2.99 . The token has lost over 95% of its value from that high, with its all-time low recorded at around $0.1312 in early February 2026 .
Investor confidence is under strain. VnExpress reports that the project has yet to deliver key features like smart contracts, and rising token unlocks are increasing supply pressure. Daily trading volumes have dropped significantly, raising concerns about liquidity and long-term viability . Regulatory and expert warnings also persist, with some labeling Pi as risky or pyramid-like, though no major regulator has officially deemed it a scam .
Analysts and traders are watching several key developments:
Pi Network’s PI token is navigating a delicate balance between short-term gains and structural challenges. The mainnet anniversary has sparked a rally, but profit-taking and technical resistance temper optimism. At around $0.174–$0.175, the token remains deeply discounted from its peak, with sentiment still fragile. Market watchers will be closely tracking whether PI can break resistance or if renewed selling pressure pushes it lower.

Neymar da Silva Santos Júnior, universally known as Neymar, remains one of football’s most compelling…
Introduction BitMine Immersion Technologies (BMNR) is riding a wave of renewed investor interest as the…
Bitcoin is consolidating near the mid‑$65,000 range as U.S. Treasury yields continue to climb, reflecting…
Ethereum (ETH) is trading near a pivotal support zone around $2,000 as of February 28,…
Introduction Ethereum (ETH) is showing renewed strength, outperforming Bitcoin (BTC) in late trading sessions. As…
Dogecoin (DOGE) recently experienced a sharp rally, reigniting speculation about a renewed meme coin season.…
This website uses cookies.