Pi Network Price Recovers to $0.072 After Historic Low

The price of the cryptocurrency Pi Network (PI) on November 11, 2026, recovered to approximately $0.0722 after hitting a historic low of $0.0626 two days earlier. At the time of the original market data publication, the token was up nearly 2% for the day, while Bitcoin (BTC) and the cryptocurrency market as a whole were losing about 2% over a comparable period.

Relative to the low on November 9, the value of PI increased by approximately 15.3%. However, over the past month, the token has depreciated by about 12%, and its current price remains significantly below the all-time high of $2.99 recorded in February 2025.

Trading Volume of PI Decreased by 29%

The price recovery was accompanied by a decline in trading activity. According to crypto.news data at the time of preparing the original publication, the daily trading volume of PI was around $6.57 million, down by 29.24%. The market capitalization of the token was close to $821 million.

At the same time, open interest in PI futures, according to Blockworks, reached nearly $7 million, with a funding rate of 0.0050%. The positive value indicates that long position holders were paying participants with short positions. However, these figures do not allow for a definitive conclusion about the future direction of the price.

Technical indicators also indicated a weakening of seller pressure. The Relative Strength Index (RSI) rose from below 20 to 41 points but remained below the neutral value of 50. Meanwhile, PI continued to trade below the 20-day moving average of around $0.0753.

In terms of technical analysis, the nearest resistance area was around $0.0753, with the next one in the range of 0.080–0.082. Support was considered around $0.0689, below which the historic low of $0.0626 remained. These levels reflect the market condition at the time of analysis and do not guarantee a specific price movement.

Pi Network Prepares for Summit on November 17–19

The next planned event for the project is the three-day online Pi Ecosystem Summit. According to the official program, on November 17, the team will present updates on developer tools and ecosystem applications, and on November 18, developments in artificial intelligence and infrastructure.

On November 19, the announcement of Pi Next is scheduled – a new competition for developers with a prize pool of 200,000 USDT. The impact of upcoming announcements on the value of PI is currently unknown.

According to Pi Network, approximately 11.37 billion PI were in circulation with a maximum supply of 100 billion tokens. The number of coins available for circulation continues to increase, including after unlocks and transfers of assets to the mainnet. However, the mere increase in supply does not mean that all incoming tokens are immediately sold.

The project also reports more than 300 applications on the mainnet and 18.1 million users who have passed identity verification. However, comparable data on the number of active users of individual applications and payment volumes are not disclosed.

Thus, after updating the historic low, PI demonstrated a short-term recovery. However, the decline in trading volume and the price remaining below the 20-day moving average do not yet allow for a statement about a sustainable change in market trend.