Pi Network has successfully reclaimed the $0.1500 price threshold, reversing a recent downward trend following a significant infrastructure overhaul. The project’s core team confirmed that mainnet nodes have been upgraded to the Stellar protocol version 23, a move that underscores the network’s ongoing integration with Stellar blockchain technology. Beyond the protocol update, the team implemented critical backend enhancements, including migrating the operating system to Ubuntu 24 and transitioning the database engine to PostgreSQL 16, both aimed at bolstering network security, performance, and long-term scalability.

Despite the positive technical developments, the token’s market performance remains under pressure. Trading at approximately $0.1518, PI continues to sit below key moving averages, specifically the 50-period Exponential Moving Average (EMA) at $0.1605 and the 200-period EMA at $0.1709. These indicators suggest that while the infrastructure is improving, the broader market sentiment for the asset remains cautious as it struggles to break out of its current bearish trend.

Market analysts are closely watching momentum indicators for signs of a sustained recovery. The Relative Strength Index (RSI) has dipped into oversold territory near 29, which, combined with a developing positive divergence, hints at a potential short-term bounce. If buying pressure builds, the token may challenge the immediate resistance level at $0.1519. A successful move above this point could pave the way for a recovery toward the $0.1600 range, though failure to hold the critical support level of $0.1463 could lead to further downward volatility.