المنشور

The 8% surge in $PI ahead of the Protocol 26 node upgrade deadline on August 11th looks all too familiar, doesn't it? Every time the development team releases an upgrade schedule, the price jumps, but unfortunately, previous surges have been short-lived, cooling down as soon as the deadline approaches. The biggest challenge right now is the supply and demand equation. The selling pressure from the token unlocks is immense; approximately 1.71 billion $PI will be released into the market over the next year, with over 128 million USD already consumed in August alone. Meanwhile, trading volume remains quite weak, and external buying power isn't strong enough to offset that waiting supply.