Pi Network price falls 10%: Can new updates help PI recover?

Pi Network has clarified its plans to introduce stablecoins into its ecosystem while keeping PI as the main cryptocurrency, as its native token struggles near $0.08 following a 10% weekly decline. Pi Network says PI will remain its primary cryptocurrency while stablecoins support selected payment activities. Open Standard partnership will explore OUSD rewards for Pioneers, with no confirmed Mainnet integration date. Protocol 28 is scheduled for October 16, with node upgrades required by October 13, 2026. PI traded near $0.0812 after falling approximately 10% over seven days, according to CoinGecko data.

Source: crypto.news