Pi Network Upgrades Mainnet to Protocol 22, Smart Contracts Expected in May
- Successful Mainnet Upgrade: Pi Network has confirmed the successful upgrade of its Mainnet to Protocol 22, marking a significant step in its blockchain roadmap that enhances backend structure to support more advanced functionalities, laying the groundwork for the upcoming Protocol 23 upgrade.
- Upcoming Protocol 23: Expected to launch around May 11, Protocol 23 is anticipated to introduce smart contracts, real-world asset tokenization, and Web3 identity tools, potentially moving Pi Network beyond basic transfers into a more flexible blockchain model, thereby expanding its ecosystem use cases.
- User Base and KYC Progress: Pi Network has built a user base of over 18 million through mobile mining and KYC verification, with over 1 million participants completing hundreds of millions of ecosystem tasks, creating a system that supports human-in-the-loop processes and enhancing the platform's credibility.
- Technical Foundation and Market Focus: This upgrade provides Pi Network with a more current technical foundation just ahead of the Consensus 2026 event, where founders are expected to discuss Web3, AI integration, and digital identity, drawing significant market attention.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 3 indicators are flashing buy, while 1 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 | 0.000113 | 0.00846 | 0.0149 | 0.0233 | 0.0297 | 0.0381 | 0.0445 |
| Fibonacci | 0.00846 | 0.0141 | 0.0176 | 0.0233 | 0.0289 | 0.0324 | 0.0381 |
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