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CryptoUpdated×5•Originally published 18 April 2026•Updated 20 April 2026•

1 min read

Pi Network Faces Selling Pressure, Risks Dropping Out of Top 50 Cryptocurrencies

Key Facts

1The PI token is close to dropping out of the top 50 altcoins by market capitalization.

2The token price continues to slide despite the recent launch of a major network feature.

The PI token is facing significant selling pressure, with its price stabilizing around $0.171 on Monday amid risk-averse trading conditions. The network is currently approaching a critical deadline for the Protocol 22 upgrade scheduled for April 27, a technical milestone that could influence its market trajectory. While the Core Team celebrated reaching 18 million KYC-verified users, investor sentiment remains weighed down by geopolitical tensions and broader macroeconomic uncertainty. This price struggle persists despite the massive user base, as the community continues to debate exchange listing standards following the volatility of other newly listed assets. Traders are now focusing on key support levels as the April 27 deadline nears, balancing ecosystem growth against a challenging global financial backdrop.

about 1 month ago

Version History

Version 5about 1 month ago

What changed: The story was updated to include the Protocol 22 upgrade deadline on April 27, the stabilization of the price at $0.171, and the impact of geopolitical and macroeconomic factors on investor sentiment.

Version 4about 1 month ago

What changed: Updated the story to include the industry debate regarding Binance's listing standards following the RAVE token crash versus the exclusion of Pi Network.

Version 3about 2 months ago

What changed: Updated the story to include the team's announcement of reaching 18 million KYC-verified users as a strategic defense against market pressure.

Version 2about 2 months ago

What changed: Updated the story to include the Pi Network Core Team's claims of technical superiority as a move to counter recent market underperformance.

Version 1about 2 months ago

What changed: The update links Pi Network's decline to a broader market correction led by Bitcoin's $3,000 drop and identifies PI as one of the top losers alongside other altcoins.