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Pi Network to activate Protocol 28 on Oct 16, but PI token remains far below its peak price.

Protocol Fundamentals
07 Oct 2026
Cointribune
View Source
Bearish
Pi Network to activate Protocol 28 on Oct 16, but PI token remains far below its peak price.

Pi Network is set to launch Protocol 28 on its mainnet on October 16, following a required node upgrade by October 13. This upgrade introduces improvements like faster validator voting, enhanced smart contract management, and better data control. Despite these technical advances, the PI token price remains low at $0.0824, down 97.2% from its all-time high. The network shows ongoing but modest activity, and the upcoming upgrade will be key to assessing if these changes boost usage and market interest.

Pi Network's upcoming Protocol 28 activation is scheduled for October 16. For readers following the broader crypto market, here is Pluang's snapshot as of Oct 07, 2026 22:32 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include THETA at Rp3.854 with a 1-day change of -8.50% and EOS at Rp12.649 with a 1-day change of +8.13%.

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