Pi Network ($PI) climbed around 6% to nearly $0.194 despite broader crypto market weakness, driven by strong optimism following the successful Protocol 22 upgrade and growing anticipation for the upcoming Protocol 23 launch in May. Investors expect Protocol 23 to introduce full smart contract functionality and expand Pi’s DeFi utility, potentially boosting long-term network adoption. Technically, PI has broken above the key $0.189 resistance level with rising trading volume, signaling strong buyer interest. Next, traders are watching whether PI can sustain momentum above $0.20 or face profit-taking pressure near resistance zones.
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