Pi Network price gains 5% as CPI cools, upgrade passes

Pi Network price rose more than 5% toward $0.090 on Aug. 12 as the Protocol 26 deadline passed and softer U.S. inflation data supported speculative assets. Summary Pi Network price rose more than 5% before settling near $0.088 during the session. Protocol 26’s Aug. 11 deadline required Mainnet node operators to update or lose connectivity. PI remains above its 20-day moving average at $0.0853, but below the 50-day average. A breakout above $0.096–$0.10 could open a path toward $0.12 and potentially $0.15. Pi Network price action today According to data from crypto.news, Pi Network (PI) price climbed more than 5% to approach $0.090 on Aug. 12, while trading activity reportedly increased by about 35%. PI traded near $0.0883 at the time of writing after giving back part of its intraday advance. The move followed the Aug. 11 deadline for Mainnet node operators to complete the Protocol 26 upgrade. The Pi Core Team previously said nodes that missed the cutoff would lose Mainnet connectivity until they installed the required update. No widespread network disruption had been reported by the time of writing. However, the team had not published figures showing how many operators completed th...