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AMBCrypto • Appeared October 7th 2026 11:35 am

Pi Network upgrades to Protocol 28 – But PI still can’t shake its slump

Pi Network is building a broader smart-contract ecosystem, but rising technical capacity has yet to translate into stronger adoption or demand.

Our Summary:Pi Network has upgraded to Protocol 28, but its price remains sluggish due to lack of investor confidence, despite technical improvements. The network has seen significant growth, but its on-chain demand remains unproven. Pi's price is 97% below its all-time high, highlighting the gap between network development and investor confidence.

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