Pi Coin under bear pressure as Pi Network turns one
The post Pi Coin under bear pressure as Pi Network turns one appeared on BitcoinEthereumNews.com.
Pi Coin remains under pressure after losing over 90% from its peak. Migration delays and locked balances continue to hurt user confidence. Traders are watching the resistance at $0.18 and the support at $0.15 support closely. Pi Coin is marking a difficult anniversary as selling pressure continues to weigh on the price. The past year has been one of big promises, uneven delivery, and fading market confidence. As the open mainnet clocks its first birthday, many holders are still waiting for clarity. The token’s price action reflects that uncertainty. A one-year milestone filled with mixed signals The first year of the open Pi Network mainnet was supposed to be a turning point for the ecosystem. Instead, it has highlighted how far the project still has to go. Pi Network has expanded its infrastructure and rolled out several technical upgrades. These updates were meant to improve stability and prepare the network for broader use. At the same time, millions of users have successfully migrated to the open mainnet. That progress shows the scale and ambition behind the project. Yet a large group of early participants remains stuck. Many users report locked balances, incomplete migrations, or stolen coins. KYC delays and new verification requirements have slowed access for others. This gap between development milestones and user experience has hurt sentiment. Confidence is hard to rebuild when access to funds feels uncertain. That frustration has quietly spilt into the market. Pi Coin price performance tells a harsh story Pi Coin’s market performance over the past year has been unforgiving. After peaking near $3 shortly after trading began, the token has lost most of its value. Recent data shows the price hovering near $0.17. Source: Coingecko That represents a decline of more than 90% from its all-time high of $2.99. Short-term rallies have appeared,…
Filed under: News - @ February 20, 2026 7:28 pm