Pi Network: $100 Jackpot or End of False Hope… Fate to Be Decided on March 1

▲ Pi Coin (PI) / ChatGPT-generated image

Pi Network (PI) is experiencing heightened volatility as tension spreads across its ecosystem ahead of the protocol upgrade deadline scheduled for March 1.

According to cryptocurrency media outlet CoinGape on February 26 (local time), Pi Network is on the verge of a crucial technical milestone—a protocol upgrade aimed at enhancing network performance and facilitating the transition to mainnet. The upgrade seeks to strengthen security and improve transaction processing speed, with all nodes required to adopt the new protocol by March 1. The development team emphasized that this upgrade will serve as a turning point in determining the ecosystem’s maturity.

Investor attention is also intensifying from a price perspective. Currently traded in a pre-listing format on 일부 exchanges, Pi Network’s price has been trending upward in anticipation of the upgrade. Market analysts predict that if the March 1 deadline is successfully met, the price could swiftly break through the $50.5 resistance level and surge toward the $100 mark. Conversely, any technical flaws or delays could trigger heavy sell-offs and a sharp price correction.

The pace of the identity verification process is also having a significant impact on the price. Pi Network is accelerating efforts to complete identity verification for a large number of users ahead of the official mainnet launch. As more users pass verification, visibility into the circulating supply improves, accelerating the revaluation of the asset. Within the community, there is widespread analysis that this upgrade represents the final gateway to the official mainnet launch.

Positive changes are also being detected in terms of ecosystem scalability. Development of various decentralized applications based on Pi Network is becoming increasingly active, securing practical utility beyond a simple mining app. The protocol upgrade will provide a stable foundation for these apps to operate and further solidify the network’s reward structure for participants. Whale investors are reportedly building positions in anticipation of post-upgrade market conditions.

Through this upgrade, Pi Network aims to eliminate technical flaws and strengthen its position as a global blockchain infrastructure. Whether the March 1 deadline is met is expected to serve as a key indicator of the project’s credibility. Tens of millions of miners and investors worldwide are closely watching Pi Network’s technological leap and the potential price movement that may follow.

Disclaimer: This article is for investment reference only, and no responsibility is taken for investment losses based on it. The content should be interpreted for informational purposes only.