Pi Network price may rise to $0.22 amid key events including network upgrade and Fed leadership change.

Pi Network's price has gained over 20% in trading volume recently, driven by anticipation of three key events this week: a network upgrade on May 15 introducing smart contracts, the US Consumer Price Index (CPI) release on May 12, and the Senate vote on Kevin Warsh as the new Federal Reserve Chair. The upgrade is expected to positively impact the price by enhancing network functionality. Meanwhile, the CPI data could cause volatility depending on inflation figures, and Warsh's appointment is seen as bullish due to his crypto investments. Technical analysis suggests Pi Network could reach $0.22 if it breaks resistance levels, with increased buying activity already evident.