color: var(color-red-500)

What to Expect From Pi Network in June 2026

Pi Network’s token (PI) is starting June trading around $0.143, near its lowest price ever. A single large holder, known as a ‘whale’ wallet, now owns over 400 million PI, and the price is being further affected by daily token releases.

June presents a straightforward challenge. Consistent growth is expected alongside daily feature releases, three planned system improvements, and a generally declining market trend, though there’s a small sign of potential recovery.

MACD Setup Hints at June Bounce Despite Bearish Trend

The daily chart for PI indicates a downward trend as we approach June. The price has been consistently falling since reaching its highest point in February. Currently, the token is trading around $0.143, only slightly above its lowest price ever of $0.1296, and trading activity has been decreasing throughout May.

Looking at the daily MACD, we see a pattern over the last eight months: whenever the indicator shifts from negative to positive, it’s been followed by a quick increase in price.

As an analyst, I’ve been tracking these crossover signals, and historically, they’ve been quite telling. We saw positive results from the crosses on October 17th and November 16th of 2025, with gains of 53.56% and 30.39% respectively, although the December 20th signal didn’t pan out. The strongest move came from the February 13th crossover, which resulted in a substantial 122.07% increase. Most recently, the April 15th crossover yielded a gain of 21.36%.

The MACD indicator is signaling a potential buying opportunity in early June. Historically, similar signals have led to price increases of around 55.65%, which could bring PI up to approximately $0.22. This price level also corresponds with a key technical level based on Fibonacci retracement, suggesting it could be a likely target.

Just because this pattern happened before doesn’t mean it will happen again. The unsuccessful attempt in December proves the signal can be misleading when trading is slow.

Whale Wallet Keeps Buying Through the Drawdown

A specific wallet, identified as “GAS…ODM,” now holds over 400 million PI tokens – more than anyone else. Recent blockchain data reveals this wallet added over 1.5 million PI in a single day, and has been consistently accumulating tokens throughout May.

Experts believe the large cryptocurrency wallet might be used for repurchasing tokens or held by the project’s treasury. It’s currently unknown who owns this wallet. Many in the Pi community think it’s being used to help stabilize the price by buying up tokens during recent price drops.

Data from PiScan indicates that exchange wallets currently hold around 545 million PI, increasing by about 1.5 million PI over the last day. This movement of PI onto exchanges usually suggests that people are preparing to sell, not buy and hold. While some large investors have been buying, it hasn’t been enough to counteract the overall trend of PI being sent back to exchanges for trading.

Protocol Upgrades Anchor the Fundamental Calendar

As a Pi Network investor, it’s really encouraging to see the mainnet growing! More and more Pioneers are finishing their KYC and completing the migration process. Pi Network just announced that over 18.1 million users are now verified, with 16.72 million having migrated, and a significant number – over 119,000 – having finished the second migration step. This is a positive sign for the project’s development and eventual launch.

Pi Network has three important updates planned for June. Node upgrades for Protocol 24 are due on June 2nd, followed by Protocol v25.1 on June 8th, and v26.0 on June 22nd. These updates will improve how the network runs, allow it to handle more activity, and further develop its smart contract capabilities, building on the progress made with the Protocol 23 release in May.

The Pi Mainnet is updating to Protocol 24, and you need to complete the update by June 2nd. The Mainnet recently upgraded to Protocol 23, and all users need to finish this step before the deadline to stay connected. You can find more details here:

— Pi Network (@PiCoreTeam) May 27, 2026

Approximately 6.5 million PI tokens are unlocked each day, which translates to around $29 million in new tokens entering the market this month, based on current prices. This monthly release schedule is consistent with the pattern observed earlier in 2026.

June is shaping up to be a critical month for the market, as several key factors align. We’re seeing a downward trend, a strengthening sell signal (MACD), increasing supply, and a large purchase from a major investor – all happening at the same time. Whether the price can rise above $0.22 (a key technical level) will likely determine how the market performs over the next three months.

Read More

2026-05-29 21:31