Ethereum News Today: Institutional Bet on Pi Network: A Catalyst or a Mirage?

Pi Network, the digital currency project, continues to draw attention amid ongoing developments that could influence its price trajectory following speculation about a potential listing on major exchanges like Coinbase. As of August 2025, Pi Network’s token price stands at $0.366, having fallen from a peak of $1.6567 in May of the same year [2]. Analysts attribute this decline to a combination of token unlocks and a lack of sustained demand. Over the next few months, several key catalysts could influence Pi Network’s price, including a network upgrade, institutional interest, and macroeconomic conditions [2].

One of the most anticipated events is the upcoming upgrade to the Stellar Network protocol 23, which Pi Network plans to adopt. This upgrade is expected to enhance smart contract capabilities, improve node coordination, and offer expanded support for decentralized applications. However, its impact on the token price is expected to be limited, as it does not alter the underlying tokenomics [1].

Institutional interest is also building, with Valour Capital recently launching a Pi Fund in Sweden. This move highlights growing confidence in the project and could encourage further institutional adoption. If Pi Network were to list on major exchanges such as Binance, Upbit, or Coinbase, it could see a significant price boost, mirroring the performance of recently listed tokens [1].

Macroeconomic factors, such as potential interest rate cuts by the Federal Reserve, could also benefit Pi Network. Historically, such cuts have led to increased risk appetite among investors, favoring assets like cryptocurrencies [2]. As the market awaits these developments, technical indicators suggest that Pi Network is in an accumulation phase and could break out of its current price range in the near future.

The token has formed a double-bottom pattern at $0.3167, with a neckline at $0.4646, a classic bullish reversal formation. It has also developed a falling wedge pattern, signaling a potential breakout toward the $1 level—a 175% increase from its current price [2].

Meanwhile, MAGACOIN FINANCE, an Ethereum-based project, is gaining momentum as investors seek alternatives to Bitcoin. The project’s presale rounds have sold out rapidly, indicating strong early-stage interest. MAGACOIN FINANCE operates at a smaller capitalization, allowing for greater price elasticity compared to larger assets like Ethereum [3]. The project’s scarcity-driven tokenomics and cultural relevance are contributing to its appeal, particularly in uncertain market conditions.

With Ethereum preparing for a $2 billion staking unlock, capital could shift toward high-potential altcoins like MAGACOIN FINANCE. This dynamic positions the project to benefit from increased liquidity and investor rotation, especially as the Federal Reserve’s next interest rate decision looms [4]. The project’s alignment with broader political and financial narratives further enhances its visibility beyond traditional crypto circles.

Source:

[1] Pi Network Price Prediction for September Amid $60 Million Unlocks (https://www.banklesstimes.com/articles/2025/09/01/pi-network-price-prediction-for-september-amid-60-million-unlocks/)

[2] Pi Network price eyes $1 breakout as key catalysts align (https://crypto.news/pi-network-price-eyes-1-breakout-as-key-catalysts-align/)

[3] MAGACOIN FINANCE Presale Nears Completion as Ethereum Staking Unlock Sparks Altcoin Rotation (https://www.morningstar.com/news/globe-newswire/9519261/magacoin-finance-presale-nears-completion-as-ethereum-staking-unlock-sparks-altcoin-rotation)

[4] MAGACOIN FINANCE Presale Nears Completion as Ethereum Staking Unlock Sparks Altcoin Rotation (https://www.globenewswire.com/news-release/2025/08/27/3140264/0/en/MAGACOIN-FINANCE-Presale-Nears-Completion-as-Ethereum-Staking-Unlock-Sparks-Altcoin-Rotation.html)