Pi Network Founders Speak at Consensus 2026 Ahead of Protocol 23 Launch
- Keynote Addresses: Pi Network co-founders Dr. Chengdiao Fan and Nicolas Kokkalis spoke at Consensus 2026 in Miami, attracting over 20,000 attendees, including institutional investors and government representatives, showcasing the company's influence in the blockchain space.
- Upcoming Technical Upgrade: In his May 6 speech, Fan emphasized that the future adoption of cryptocurrency should be driven by utility, directly linking to Pi Network's efforts in identity verification since 2019, laying the groundwork for the upcoming Protocol 23 upgrade.
- Human Identity Verification Discussion: Kokkalis addressed how to confirm user identity in the AI era during a May 7 panel, highlighting that Pi Network's 18 million KYC-verified users and 526 million KYC validation tasks provide a structural solution that other blockchains cannot replicate.
- Positive Market Reaction: Following the confirmation of both founders' attendance, the Pi token rose over 5% on April 29, nearing $0.187 entering the conference week, indicating strong market anticipation for the upcoming Protocol 23 launch.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 5 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000393 | 0.0086 | 0.0152 | 0.0234 | 0.03 | 0.0382 | 0.0448 |
| Fibonacci | 0.0086 | 0.0143 | 0.0177 | 0.0234 | 0.0291 | 0.0325 | 0.0382 |
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