Pi Coin Navigates Mainnet Upgrade Launch Amid Comm

Pi Coin Navigates Mainnet Upgrade Launch Amid Community Skepticism

Pi Coin’s September 3rd mainnet debut was meant to be a triumph, but confidence is fractured. New features like decentralized KYC and biometric authentication add credibility, yet centralization concerns abound,, with the core team holding over 80% governance control. 

Multi-million token unlocks in September threaten price stability and despite trading at $0.36—7% above its all-time low, many analysts see this as a dead-cat bounce. 

Liquidity remains thin even after a Swedish ETP listing attracted nearly $1 billion in AUM and 38% of holders already expect long-term price weakness. Unless Pi proves it can deliver true decentralization and adoption, downside risk dominates.

Cardano Shows Resilience Despite Technical Breakdown Signals

Cardano hovers around $0.82, showing resilience despite bearish sentiment at five-month lows. ADA recently broke below a key ascending trendline, suggesting a possible dip toward $0.69, yet whales may be quietly accumulating as retail exits. 

Optimists see a path to reclaim $1.00 if ADA defends its $0.80 support, though breaking above $1.30 will require major catalysts. While ADA has gained 25% over the past 90 days, outperforming peers like TRX and SUI, the charts remain split showing both quiet accumulation and the risk of deeper pullbacks.