Things to expect from Pi Network in June 2026

Pi Network (PI) entered June with a single whale wallet holding over 400 million PI. The Token continued to trade around $0.143, close to Dip All-Time-Low and under pressure from daily unlocks.

This development presents a clear challenge for June: continuous accumulation facing daily unlocks, three scheduled protocol upgrades, and a price chart still leaning toward a downtrend, with only a slight pullback signal appearing.

MACD shows signs of recovery in June, although still in a downtrend.

The daily PI price chart is showing a negative trend as we enter June 2024. From its peak in February, the price has consistently created lower Dip . The Token is currently trading around $0.143, only slightly above its All-Time-Low of $0.1296, amidst sideways volume in May.

However, the Moving Average Convergence Divergence (MACD) indicator on the daily timeframe offers a different perspective. In the last 8 months, every time the MACD turned from negative to positive, the PI price recorded a strong short-term rebound.

Previous MACD crossovers on October 17th and November 16th, 2025, resulted in PI price increases of 53.56% and 30.39%, respectively. However, this signal was unsuccessful on December 20th. The MACD crossover on February 13th generated the strongest increase at 122.07%, while the most recent one on April 15th yielded a 21.36% increase.

A new MACD crossover signal is forming for the beginning of June. Looking at the Medium increase of previous successful signals, the PI could rise by approximately 55.65%, reaching the $0.22 region. This price level also coincides with the 0.382 Fibonacci retracement level of the major downtrend.

However, this pattern is not guaranteed to always repeat. In fact, the failed signal in December shows that under low liquidation conditions, the MACD may no longer be accurate.

Whale Wallet continues to accumulate assets during the price drop.

A PI address nicknamed “GAS…ODM” has surpassed 400 million Token, becoming the largest private wallet currently. According to on-chain data, this wallet purchased over 1.5 million more PI in just one day. This accumulation trend has been occurring almost daily throughout May.

Some analysts suggest this could be a wallet used for buyback programs or a treasury wallet for the project. However, to date, no organization has claimed ownership of this mysterious whale wallet . Some commentators suggest that this wallet Vai as a price support, absorbing supply during price drops.

Data from PiScan shows that the total number of Token held in exchange wallets is currently around 545 million PI, with a net inflow of approximately 1.5 million PI onto exchanges in the past 24 hours. The continuous transfer of Token to exchanges typically signals increased selling pressure, not accumulation. Whale buying power is still insufficient to balance the supply flowing to exchanges.

Protocol upgrades play a key Vai in the event calendar.

With more and more users completing Know Your Customer and the second migration , Mainnet activity has expanded. According to Pi Network, the number of verified users is 18.1 million, there have been 16.72 million migrations, and over 119,000 users have completed the second migration.

Three notable upgrades are coming in June. Pi Network has set a deadline for the Protocol 24 node upgrade on June 2nd. Following that, Protocol v25.1 will launch on June 8th, and v26.0 will be available on June 22nd. These updates focus on improving node performance, scalability, and smart contract upgrades after the Protocol 23 launch in May.

The Pi Mainnet is upgrading to Protocol 24 – Deadline: June 2. The Pi Mainnet has successfully upgraded to Protocol 23. All Mainnet nodes are required to complete this step before the deadline to remain connected to the network. Details here: https://t.co/9VehO7hhj1

— Pi Network (@PiCoreTeam) May 27, 2026

On Medium, about 6.5 million PI are unlocked each day, meaning that at current prices, approximately $29 million of new supply will be added this month. This unlocking schedule continues to put pressure on the Token price monthly, similar to what happened in early 2026.

June 2024 is predicted to be the first time of the year when four factors converge: a downtrend, a forming MACD signal, a sharp increase in supply daily, and the appearance of a persistent whale buyer. Whether the 0.382 Fibonacci level at $0.22 becomes a resistance level for a rebound will determine the trend for the next quarter.