Pi Network Price Prediction: Can DEX Launch Break Through 0.36 USD After a big dump of 95%?

Pi Network price predictions have become the market focus, as the decentralized exchange (DEX) and automated market maker (AMM) testnet go live, Pi coin shows initial signs of stability. However, Pi coin has fallen more than 95% from its historical high, with global user numbers reaching 208,000, but lack of usability remains the biggest challenge.

Pi Network Price Prediction: $0.228 as Key Support Level

(Source: Trading View)

The core of Pi Network's price prediction lies in the key technical levels. As of October 15, the market price of Pi coin is $0.213, located within a downward channel. This downward channel has continuously suppressed the price since its historical high, with the upper edge of the channel at $0.228 becoming a key resistance level that bulls must overcome. If the price can close above this level, it will open up upward space, targeting $0.28. Conversely, if it fails to break through, it may trigger a pullback to the support level at $0.208.

The MACD indicator provides an optimistic signal. Data shows that the MACD line has crossed above the signal line, confirming a short-term trend reversal towards a bullish direction and strengthening buying momentum. This golden cross usually indicates a depletion of downward momentum, with bullish forces beginning to take over. Historically, Pi coin often experiences significant price increases within 1 to 2 weeks after the MACD shows a golden cross.

If it successfully breaks through 0.228 USD and holds, the price prediction path for Pi Network will point to 0.36 USD, representing a 70% increase from the current price. This target is not set arbitrarily, but is based on Fibonacci retracement levels and previous areas of high trading volume. The area around 0.36 USD was an important support turned resistance level before the fall of Pi coin, and if it can be reclaimed, it will significantly improve the technical structure.

However, the harsh reality is that Pi coin has fallen more than 95% from its historical high. Such a decline is not uncommon in the cryptocurrency market, but it reflects a deep skepticism about the practicality of the Pi Network. For a long time, Pi coin has primarily been used for speculation rather than actual applications, lacking real demand support. Whether the launch of DEX and AMM can change this situation will be a key variable in predicting the price of the Pi Network.

DEX and AMM Testnet Ignite DeFi Hope

The decentralized exchange (DEX) and automated market maker (AMM) testnet launched by Pi Network is a significant turning point for the project. These two features support token trading and liquidity pool creation, significantly expanding the practical use cases of Pi. Prior to this, Pi coin could only be traded on centralized exchanges, and users were unable to conduct native transactions or provide liquidity within the Pi Network ecosystem.

DEX allows users to trade Pi coins and other tokens directly without intermediaries, while AMM provides automated liquidity through smart contracts. Users can deposit Pi coins into the liquidity pool to earn trading fees, creating passive income opportunities for coin holders. This DeFi function is a standard feature of a mature blockchain ecosystem, and Pi Network has finally taken this step.

This release also aligns with analyst Dr. Altcoin's previous prediction of the protocol upgrade plan for Q4 2025. The mainnet update of Protocol 23, based on Stellar Core version 23.0.1, aims to enhance scalability and transaction speed. Stellar Core is a market-validated mature blockchain technology whose high throughput and low latency characteristics can significantly improve the user experience of Pi Network.

Dr. Altcoin also suggests that the Pi Core team consider options for token buybacks or burns to increase market liquidity. Token buyback is a common practice in traditional finance, enhancing the value of each token by reducing the circulating supply. The burn mechanism is more aggressive, permanently removing a portion of the token supply. If these suggestions are adopted, they may provide additional support for Pi Network price predictions.

This DeFi project has rekindled the community's enthusiasm and brought hope for further development of the ecosystem. The global Pi Network market user count has reached 208,000, which is a tiny fraction compared to the claimed user base of 50 million, but it represents the core group of real trading activity. If the DEX and AMM can attract more users to actually use it, it will create real demand for Pi coin.

Protocol 23 Upgrade and Ecosystem Expansion Path

The long-term outlook for Pi Network price prediction depends on the successful implementation of the Protocol 23 upgrade. This mainnet upgrade is scheduled for the fourth quarter of 2025 and will bring several key improvements. Based on the Stellar Core 23.0.1 technical architecture, the upgraded Pi Network will feature higher scalability, capable of handling larger volumes of transactions.

The improvement of transaction speed is equally important. Currently, the transaction confirmation time of Pi Network is relatively long, affecting user experience. Protocol 23 is expected to shorten the transaction confirmation time to a few seconds by optimizing the consensus mechanism and block generation logic, which is crucial for applications like DEX that require instant transactions.

However, technological upgrades are only a necessary condition for success, not a sufficient condition. The biggest challenge facing the Pi Network is how to convert its massive user base into actual active users. Among the claimed 50 million users, only 208,000 are actually trading, resulting in a conversion rate of less than 0.5%. This low conversion rate reflects the reality that Pi coin lacks practical application scenarios.

From a technical perspective, if momentum can be maintained above the resistance level, the current price structure is favorable for buyers. The continued focus on DEX and AMM functionalities may serve as a validation for the market recovery phase. Therefore, as the utility of Pi coin grows and its adoption rate begins to converge, its price prospects remain optimistic.

Pi Network Price Prediction Short-term Trading Strategy:

Entry Range: $0.208 to $0.220, current price $0.213 is in a reasonable buying zone.

Stop Loss Setting: 0.195 USD, to prevent the risk of falling below support.

Take Profit Target: First target 0.28 USD (after breaking 0.228), second target 0.36 USD (after breaking 0.28)

Position Suggestion: 5-8% of total assets, Pi coin has high volatility and significant fundamental uncertainty, position control is necessary.

However, investors must be fully aware that Pi Network still faces multiple risks. Criminal issues are imminent, as some lawbreakers are using Pi coin for fraudulent activities, damaging the project's reputation. Regulatory uncertainty is also a potential threat; if major markets impose restrictions on Pi coin, it will severely impact the price. Most importantly, Pi Network must prove that its technology upgrades and DeFi capabilities can truly attract users, rather than just remaining at the Testnet stage.