Pi Network Price Prediction: Will Backend Storage Drive Enough Demand to Keep PI Above Its Key Trendline
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Pi Network trades at $0.00048925 on July 8, down 3.57%, sitting on a long-term ascending trendline traced to the December 2025 low near $0.0001 with the Supertrend (10,3) at $0.00040608 below price and EMAs overhead. Pi App Studio launched backend persistent storage and AI-assisted app planning, a utility upgrade that could boost crypto adoption and token use in DeFi and DApps, but distribution concentration is a risk as fewer than 10,000 accounts hold at least 1M PI while over 14.5 million users hold less than 10 PI.
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- Pi App Studio launched backend persistent storage and AI-assisted app planning for newly created apps
- PI is bouncing off a long-term ascending trendline that has held since the December 2025 lows
- Less than 10,000 accounts hold at least 1M PI while over 14.5 million users hold less than 10 PI
Pi Network trades at $0.00048925 on July 8, down 3.57%, as price pulls back toward a rising trendline that has supported the token since its December 2025 low, with all EMAs sitting just overhead.
Is PI Bouncing Off Its Long-Term Ascending Trendline?
The daily chart shows PI sitting directly on an ascending trendline drawn from the December 2025 lows near $0.0001, a line that has held through every major selloff since. The Supertrend (10,3) at $0.00040608 sits below price, confirming the short-term uptrend structure remains intact …
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