Pi Network Set to Launch Protocol 28 on Mainnet October 16
Pi Network's Protocol 28 activation is scheduled for October 16, following a node migration process.
Pi Network's Protocol 28 activation is scheduled for October 16, following a node migration process. Pi Network (PI) is trading at $0.0826. This is an original TLT brief based on reporting by Cointribune, with live market data added, as of Wed, 07 Oct 2026 17:15:01 UTC.
- Pi Network's Protocol 28 to launch on October 16 after node migration by October 13.
- PI token trades at $0.0825, down 97.2% from its all-time high.
- Market cap remains at $927.75M despite broader crypto market decline.
Pi Network is preparing for the activation of Protocol 28 on its mainnet, with the launch scheduled for October 16. This development comes after a node migration process that is expected to be completed by October 13.
Despite this technical progress, the PI token has not shown significant price movement. It is currently trading at $0.0825, which is 97.2% below its all-time high. This suggests that the market remains skeptical about the token's potential.
The broader crypto market is also experiencing a downturn, with the total market cap at $2.9 trillion and 
Bitcoin down 2.80% in the last 24 hours. The Fear & Greed index stands at 71, indicating a state of 'Greed' among investors.
Pi Network's roadmap outlines a series of technical upgrades and milestones, with Protocol 28 being a key component of its 2026 plan. The network aims to improve its infrastructure and scalability through these updates.
The activation of Protocol 28 could be a significant step for Pi Network, but its impact on the token's price and adoption remains to be seen. Investors will be watching for any changes in market sentiment following the launch.
Since this brief published about 1 hour ago, Pi Network (PI) has moved from $0.0825 to $0.0826 — +0.08%.
Grey shows the price before the news, the dashed line marks when this brief published, and the coloured line is the move since — from TLT's market data. It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 PI ≈ ₦112.78 (about $0.0826), down 5.2% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Pi Network Set to Launch Protocol 28 on Mainnet October 16 — questions & answers
How much is 1 Pi Network worth in naira today?
About ₦112.78 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.0826. The naira price moves with both PI's US-dollar price and the USDT/NGN rate; use our Pi Network in naira page for any amount.
Has Pi Network's price moved since this brief was published?
PI is up 0.08% since this brief first published — trading at $0.0826 now versus $0.0825 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointribune. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.