Pi Network Migration v19.6 Done: Will Pi Coin Price Explode Now?

Pi Network Migration v19.6 Upgrade Completed: Price Rally Incoming?

Is the Pi Network Migration a turning point or just another step forward? The v19.6 protocol upgrade is now complete, marking an important technical milestone. At the same time, the anniversary of the Pi Network mainnet launch date reminds the community how far the project has come since February 20, 2025, when open ecosystem expansion began.

Pi Network Migration Done: v19.6 Upgrade Marks Progress

The recent Pi Network Migration confirms steady development progress, as per official X post. Developers announced that protocol v19.6 finished successfully, while v19.9 is expected as the final step before v20. Node operators are advised to upgrade and wait for further instructions.

Source: X Account 

This update arrives exactly one year after the open ecosystem release. That moment allowed verified users to move tokens after KYC and gradually connect with external platforms. Over the past year, the project has focused on compliance, ecosystem growth, and consistent migration cycles.

Price Drops Despite Anniversary Momentum Signals

Despite the positive milestone, the market reaction remained mixed. The coin dropped more than 8% in a single day, as per CoinMarketCap. It currently trades near $0.1751 with a $1.57B market cap and $21.71M daily trading volume.

However, the weekly performance tells a different story. The asset gained over 38%, showing strong recovery interest. This contrast explains why many users ask why the coin is falling today even as development progress continues.

Technical Outlook and Price Prediction

Technical data shows price near $0.1761 with session levels: high $0.1783, low $0.1730, open $0.1734, close $0.1761. The broader structure remains corrective after a decline from late-2025 highs around $0.28. A local bottom formed near $0.135–$0.140 followed by a relief rally, suggesting accumulation.

Source: TradingView Chart

RSI sits near 55 and is moving above the signal line (~42.9), indicating improving momentum without overbought pressure.

Bullish scenario: Holding above $0.17 keeps recovery intact. Pi coin price could retest $0.185–$0.20 and potentially extend toward $0.22.
Bearish scenario: Losing $0.17 may push price toward $0.16 and then the $0.145–$0.14 zone.
Short-term range remains $0.16–$0.20, with confirmation above $0.20.

What Comes Next?

With the latest Migration completed, expectations are rising around future exchange expansion, including speculation about a major listing. No official confirmation exists yet, so attention stays on the next protocol step.

Expert Insight: The steady upgrade path signals a long-term infrastructure approach rather than short-term hype. Price volatility reflects market sentiment cycles, while consistent technical releases help maintain community confidence and gradual ecosystem readiness.

Conclusion

The Pi Network Migration highlights steady progress, even as price volatility continues. Technical indicators show recovery potential but not full trend confirmation. The next upgrade phase will likely shape sentiment. For now, development momentum and cautious market behavior define the short-term outlook for the ecosystem.

YMYL Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments involve risk. Readers should conduct independent research and consult a financial professional before making investment decisions.