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Pi Network, Solana and Zcash: What’s Happening with Prices

• Evgenia Sliv (edited: )
Pi Network, Solana and Zcash: What’s Happening with Prices

The cryptocurrency market continues to see a decline in the value of several major digital assets. By November 13, 2026, the Pi Network (PI) token, after a brief recovery, fell below $0.07 again, Solana (SOL) lost about 10% over the week, and Zcash (ZEC) depreciated by approximately 25% over the same period. Market participants are monitoring technical support levels and events that could influence further price dynamics.

Pi Network experiences volatility ahead of Ecosystem Summit

In early November, the Pi Network token hit a historical low, dropping to approximately $0.063. Subsequently, PI temporarily recovered above $0.07, despite the overall decline in the cryptocurrency market. According to analysts at BSCN, the brief growth could be linked to the asset exiting the oversold zone and a slight increase in open interest in the derivatives market.

Additional attention to the project was drawn by the upcoming Pi Ecosystem Summit, scheduled for November 17–19. During the three-day online event, developers will present platform updates, tools for app creation, and new ecosystem initiatives. However, the price recovery was short-lived: PI fell below $0.07 again. At the time of writing, the token's market capitalization was about $790 million.

Solana risks further decline to $63

Solana also came under selling pressure. Over the past month, the value of SOL decreased by approximately 25%, and by 10% over the week. At the time of publication, the cryptocurrency was trading around $80.

Analyst Mookie highlighted the $78 mark as an important technical level. According to his assessment, maintaining support could aid in price recovery, while a break increases the likelihood of a decline to $63. Additional pressure on the market is exerted by capital outflows from American spot Solana ETF observed over the past weeks.

Meanwhile, market participants' forecasts vary. Analyst ZAYRO allows for the recovery of SOL after the current correction phase ends. However, the sustainability of potential growth remains uncertain amid price declines and ambiguous demand dynamics.

Zcash lost 25% in a week amid correction

The cryptocurrency Zcash (ZEC) also faced significant declines. Over seven days, the asset depreciated by approximately 25%, and its value fell below $1,000 for the first time since early September. At the time of writing, ZEC was trading around $950. Amid the correction on November 11, the token temporarily exited the top ten cryptocurrencies by market capitalization.

Analyst Altcoin Sherpa suggests the formation of a price bottom in the $800–900 range, while Crypto Patel considers a deeper decline to $200–500. Both scenarios remain forecasts and depend on further market dynamics.

The decline in ZEC also affected derivatives market participants. According to data published on November 11 by Lookonchain, a major trader with a long position on 18,000 ZEC and 10x leverage faced an unrealized loss of over $2.8 million. The position's value at the time of assessment was about $17.63 million, and the estimated liquidation level was near $895. The further status of the position was not confirmed in the published data.

This material is prepared solely for informational purposes and does not constitute financial advice or a recommendation.

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