The broader crypto market is currently under pressure as rising Israel–Iran geopolitical tensions and economic uncertainty push investors toward caution.
The total crypto market cap has slipped to around $2.32 trillion, down roughly 3.17%, while major assets like Bitcoin and Ethereum continue to face selling pressure.
Yet, despite this red market, token is moving in the opposite direction.
The Pi price today has jumped nearly 18.09% in the past 24 hours, trading around $0.2356 and drawing attention from traders across the market.
This sudden surge has sparked speculation about what is driving the move.
Some believe the rally is linked to the growing excitement around Pi Day 2026 on March 14, while others think the recently discussed Protocol v20.2 upgrade could be strengthening expectations around the long-awaited Open Mainnet.
As per the announcement, the Pi Network Protocol v20.2 upgrade is currently underway, with the Core Team asking all Mainnet nodes to complete the required update before the March 12 deadline to remain connected to the network.
Alongside the upgrade, market speculation has also increased around a possible Kraken exchange listing for Pi.
While there is still no official confirmation, such rumors often bring renewed attention to the coin, especially on March 14.
Another development adding interest around the price today is a recent case study highlighting the network’s computing potential.
A post shared by Pi News Media on X revealed that over 421,000 Nodes could support decentralized AI training using spare processing power.
The proof-of-concept was reportedly developed with robotics startup OpenMind, showing that Pi nodes can handle AI workloads efficiently.
If such integrations continue to develop, Pi Network could eventually position itself within the growing decentralized AI infrastructure narrative, which may further strengthen market interest.
As discussed in our previous article, price was trading inside a rising channel on the 4-hour chart and had recently broken above the 100 EMA, signaling improving short-term momentum.
Since then, the price action has strengthened further.
The price has now successfully broken above the $0.20 resistance zone and managed to flip it into support, confirming the bullish continuation that traders were watching.
The breakout candle pushed the price toward the $0.23 region, showing strong buying interest after the consolidation phase.
At the moment, the market appears to be stabilizing just above the breakout level.
If buyers continue defending the $0.20–$0.2065 area, the next upside zones traders may watch are $0.2320, followed by $0.2483, and potentially $0.2627 in an extended move.
Momentum indicators still lean constructive. The RSI on the 4-hour chart is now in the overbought zone, suggesting strong momentum, but a short-term pullback may appear after the recent rally.
Key Support Levels
$0.2065
$0.1952
$0.1763
Key Resistance Levels
$0.2320
$0.2483
$0.2627
With the recent ecosystem developments and growing community attention ahead of 14th March, the price outlook for Network is starting to draw more discussion among traders.
Near-Term Scenario: If the market continues to hold above the $0.20 breakout zone, buyers could gradually build momentum as Pi Day approaches.
In that case, traders may start watching the $0.30 to $0.45 region as the next potential upside area in the short term.
Longer-Term Scenario: The bigger price trajectory will likely depend on the network’s progress beyond the current Enclosed Mainnet stage.
A transition toward a more open ecosystem could significantly change market perception.
Some market observers believe that if a fully open mainnet environment eventually arrives, the $1 level might shift from being a distant target to a possible long-term support zone rather than just a speculative milestone.
The recent surge in price appears to be driven by a mix of factors, including the upcoming March 14, the ongoing Protocol v20.2 upgrade, and growing ecosystem developments such as the network’s potential role in decentralized AI computing.
From a Pi Coin Price Prediction perspective, the key level to watch remains the $0.20 support zone, which recently flipped from resistance.
If buyers continue defending this level, the market could attempt further upside moves in the short term.
However, the long-term outlook for coin price prediction will largely depend on major milestones such as progress toward an open mainnet, stronger ecosystem integrations, and potential exchange listings.
Disclaimer: Cryptocurrency markets are highly volatile. This price prediction is based on technical structure and current developments, not financial advice. Investors should conduct independent research and assess risk tolerance before making decisions.
Rahul Rathore brings over 3 years of hands-on experience in technical analysis, specializing in crypto, stocks, and market trend forecasting. With a deep understanding of chart patterns, indicators, and market psychology, Rahul delivers precise, actionable insights that help traders and investors make informed decisions. His analytical approach combines technical expertise with real-world market understanding, making his content reliable and highly valued by both novice and experienced traders.