Pi Network PI Rebound as v24 Upgrade Lands and SLICE Launchpad Test Begins
Pi Network (PI) is gaining near-term momentum after its core team completed the protocol v24 transition, aimed at strengthening infrastructure for node operations and mainnet activity. Traders also welcomed an updated Pi Launchpad test: Pioneers can participate in a new two-week “SLICE” trial, with feedback collected through the “Slice of Pi” app.
On the ecosystem front, CiDi Games added four new Pioneer titles (Coin Whack, Fruit Stack, Gemnova, RainbowCubes). Community activity also points to over 6 million PI staked and hints at more gaming updates. Key upcoming dates remain Pi2Day on June 28 (possible major announcements, but no confirmation yet) and a likely protocol v25 transition initially targeted for June 18, which the team warned could be delayed.
Market-wise, PI traded just above $0.12 in the earlier phase and later rebounded to around $0.14 (about +4% over seven days). While the rebound supports short-term sentiment, execution and timing risks around v25, plus typical bearish dynamics from self-custody-to-exchange movement and token-unlock expectations, keep the broader trading setup fragile.
Neutral
PI has both supportive and cautionary signals. The v24 completion and the new Launchpad “SLICE” test improve the ecosystem’s operational roadmap and can boost near-term sentiment. However, the likely v25 transition may be delayed and carries execution risk, and earlier coverage also warned that upcoming token-unlock expectations combined with coins moving from self-custody to exchanges is typically a bearish mix. With PI only rebounding after slipping near $0.12, traders may see short-term bounces but should expect volatility until migration timing and follow-up announcements (e.g., Pi2Day) become clearer.