Important Pi Network News and PI Price Update: October 13

"This week marks a massive turning point for the future of Pi Network," one X user claimed. Pi Network’s team is expected to complete another major ecosystem development later this week, and it remains unclear whether the move will fuel a price surge for the native token or even arrive as scheduled. PI continues to underperform, with its valuation nosediving by 60% over the past year and currently trading just above its all-time low levels. What’s Coming? 2026 has been quite eventful for Pi Network in terms of protocol updates. The Core team began the lengthy process at the start of the year by implementing version 19.6. It later deployed v20.2, which laid the foundation for smart contract capabilities and many more. The summer also saw significant activity on that front, with Pi Network unveiling versions 25 and 26, which came after their initial deadlines. The last technical update on that list was protocol v27, which should have deployed on September 15 but also came later than expected. All eyes are now on protocol update v28, scheduled for implementation later this week. X user Giannis Andreou said the upgrade is live on Pi Testnet, with Mainnet activation expected to arrive o...