Pi Network has completed Protocol 26, requiring all 421,000 nodes to upgrade by August 11, 2026, and is preparing for Protocol 27, termed the "final planned upgrade" to stabilize the mainnet. This upgrade aims to end frequent mandatory changes and shift toward decentralized governance, which is crucial for gaining trust and exchange listings. Despite registering its MiCA white paper with ESMA, Pi remains unlisted on major exchanges like Binance and Coinbase, facing scrutiny over code transparency and token concentration. Additionally, a large token unlock schedule in 2026 continues to pressure the price, which has dropped over 97% from its peak. The real test for Pi will be whether Protocol 27 leads to genuine ecosystem growth, increased on-chain activity, and broader exchange acceptance.
Bitcoin attracted the largest cryptocurrency inflows at $31.44 million, followed by Ethereum and Zcash, which also saw significant outflows. Stablecoins like Tether and USD Coin received substantial funds, indicating a shift between volatile assets a...
Ethereum's staking market saw a net outflow of about 377,100 ETH last week, with withdrawals exceeding new deposits. As of October 19, 43.94 million ETH are staked, representing 35.20% of the total supply. The annual percentage rate (APR) for staking...
XRP traders have reduced their futures exposure on Binance by $85.1 million over 13 days following $25.7 million in long liquidations during October 7-8. This reduction in open interest reflects a significant pullback in leveraged bullish positions a...
Binance recorded a large inflow of 38.2412 million USDT from an unknown wallet on October 19, following a significant net outflow of 32.7362 million USDT over one hour on October 18. The inflow represents a single incoming transfer, while the outflow...
On October 19, three addresses transferred a total of 18.085 million Ethena (ENA) tokens to Binance within about an hour. The tokens were valued at approximately $3.64 million, with an average price of $0.2013 per token. These addresses may belong to...
