Pi Network Rolls Out Palm Print Authentication Ahead of Massive Unlock

PI-3,18%
BTC0,64%
ETH1,99%
SOL1,59%

Pi Network introduced palm print authentication as PI traded near $0.15, ahead of a planned release of about 189 million tokens in February.

Pi Network remained in focus on Wednesday as its token traded above $0.15 following a sharp market-wide sell-off.

The price action came as the network confirmed the rollout of palm print authentication, timed ahead of a large monthly token unlock.

Pi Network Price Holds Key Level Amid Market Pressure

Pi Network price hovered near $0.158 on Wednesday, showing weakness after recent selling activity.

The token stayed above the $0.15 level, which traders continue to monitor as short-term support.

The broader crypto market remained under pressure during the session.

Bitcoin traded near $75,000 after falling below $80,000, while major assets like Ethereum, Solana, Dogecoin, and XRP also declined.

Total crypto market value dropped to about $2.56 trillion over the past 24 hours. Market data showed an overall decline of more than 2%, reflecting cautious trading conditions.

Palm Print Authentication Introduced Ahead of Token Unlock

Pi Network confirmed that it is testing palm print authentication within its Know Your Customer process.

The update aims to strengthen identity checks as more users prepare to migrate to the mainnet.

The network stated, “We’re beta-testing palm print authentication to secure our 16M+ Mainnet Pioneers and the ~3.2M more now migrating.”

The system is designed to add an additional biometric layer.

🚨February’s ~189M PI unlock is met with a major security evolution. We’re beta-testing palm print authentication to secure our 16M+ Mainnet Pioneers and the ~3.2M more now migrating.Innovation secures growth⚡️#PiNetwork pic.twitter.com/qFsxrZRE5c

— PiNetwork DEX⚡️阿龙 (@fen_leng) February 4, 2026

This development comes as Pi Network plans to release about 189 million PI tokens in February. The unlock is the largest scheduled release this year and has drawn attention from market participants.

Token Supply, Exchange Flows, and Network Activity

Data showed a net flow of about 1.76 million PI tokens to centralized exchanges over the past 24 hours. Such movement often reflects a defensive stance among holders.

The expected increase in circulating supply has added pressure to the token’s price.

Market watchers continue to track how new supply interacts with demand during the unlock period.

Despite the supply increase, the network has continued onboarding activity. More users have completed verification and are preparing for full mainnet access.

**Related Reading: **Pi Network Launches New Library for Fast Pi Payment Integration

Technical Indicators and Short-Term Outlook

Technical indicators showed mixed signals during the session. The Relative Strength Index stood near 42, pointing to neutral yet weak momentum.

The Moving Average Convergence Divergence indicator moved closer to its signal line.

This setup suggested a possible shift in short-term momentum, though confirmation remained pending.

Pi Network consolidates near $0.15 as momentum weak Source: TradingView

Price action showed risk of further decline if support weakens. A daily close below $0.145 could expose the token to the $0.14 level, according to recent chart data.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Pi Network (PI) maintains its recovery momentum amid a market under pressure

Pi Network (PI) is fluctuating around $0.1700, nearing the 50-day EMA at $0.1767. A recent surge of 2.90 million tokens onto exchanges suggests profit-taking by investors. Technical indicators show a bearish trend, but expectations for the mainnet anniversary could influence future price movements.

TapChiBitcoin50m ago

Pi Network (PI) Jumps 6% — Could This Breakout Lead to More Gains?

_Key Takeaways_ _PI has broken out of a descending broadening wedge, signaling a potential short-term trend reversal._ _Holding

CoinsProbe13h ago

Pi Network Completes Upgrade Before March 12 DEX Launch

Pi Network news today reveals it has completed its mandatory v19.6 node upgrade on February 15. This marks a key step toward the upcoming decentralized exchange launch. The upgrade was required for all mainnet nodes to stay connected. With support, the next phase of the network’s development will

Coinfomania20h ago

Pi Network Issues Upgrade Reminder to Mainnet Node Operators — Key Deadline Looms

Key Takeaways February 15, 2026 is the mandatory upgrade deadline for all Pi Mainnet node operators. Nodes that fail to update will be

CoinsProbe22h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)