The controversial crypto project has unveiled multiple updates over the past few weeks, yet the price of the native token has failed to capitalize on these developments significantly, though it’s still in the green monthly.

A major development scheduled for today (September 15) may finally benefit PI’s valuation, yet a delay is also possible.

Big Day for Pioneers or Another Disappointment?

The Core Team started the long process of protocol updates at the beginning of 2026. First, it implemented version 19.6, followed by many others, including v20.2, which laid the foundation for smart contract capabilities.

During the summer, it introduced versions 25 and 26, which actually surpassed their initial deadlines. Now all eyes are on v27, which is supposed to add more flexible and secure smart-contract authentication, giving accounts and apps better ways to authorize transactions. It will be the last update on that list and should be deployed later today (September 15).

Pioneers and community members have shared their enthusiasm for the upcoming development. X user drealFx, for instance, claimed the date is one of those “Pi watchers will remember.”

“Whatever happens after the upgrade, the real test begins when developers start turning the infrastructure into products people actually use,” they added.

Of course, a delay is also plausible because, as we mentioned above, Pi Network’s team has the habit of postponing important upgrades.

Other Dates to Monitor

Besides the protocol v27, set for today, the Pi Network community has also shifted its focus to September 24 and October 7-8. Some X users, including sunday peter, suggested that the project may unveil an announcement this month.

“The community is speculating because the Pi Core Team sometimes drops updates mid-month. No confirmation from Pi News or the Core Team so far. Treat it as rumor until they post,” they explained.

Meanwhile, rumors are circulating that Pi Network may have some form of presence at the crypto conference TOKEN2049 in Singapore, scheduled for October 7-8. Again, this is far from guaranteed and is likely speculation, given that the project served as a Gold Sponsor of the event last year.

PI Price Outlook

The project’s native token has posted an 11% monthly increase, following the broader crypto market’s resurgence during that period. Nonetheless, it remains 97% down from its all-time high of around $3 and currently trades at roughly $0.09 (according to CoinGecko).

Some analysts believe a further rebound could be in the cards. X user Crypto With Gopal claimed that the price is compressing between support and descending resistance, with volatility tightening and setting the stage for a decisive move.

“A breakout above the $0.096-$0.098 zone could push toward $0.103, while a breakdown risks the lower target near $0.086. Bullish bias — watching for the breakout,” he added.

Meanwhile, certain industry participants have floated the idea that Pi Network is about to introduce a burning mechanism that could positively impact PI’s price. However, the X account BSCN and others have rejected the development.

Source: CryptoPotato