Pi Network price has not left the spotlight for weeks now because of the upgrades that are going on. It will continue topping discussions for the rest of this month because two of the founders are going to speak at Consensus 2026 today. It is an event that started on May 5 and will end on May 7, and here, the two might just announce an AI pivot happening on the chain.
Pi Coin Founders Take Stage at Consensus 2026
The two Pi Network founders, Chengdiao Fan and Nicolas Kokkalis are going to take the stage at Consensus 2026 today. They published a post on X where they gave hints on what they are going to talk about.
Fan said that she will talk about how Web3, AI, and blockchain can come together to increase utility. Kokkalis also says that he will talk about how AI can make human verification an easier thing.
The two are definitely leaning towards AI and this might be an area that Pi Network taps next to attempt to bring the price up.
The two founders are speaking at this event just when Pi Network is very close to completing upgrades. Last week CoinGape said that Protocol 23 will be launched on May 11 and after this happens smart contracts are going to come live.
But with AI in the mix now, the long-term Pi Network price forecast becomes even more bullish because of how the team is pushing to not lose relevance.
Pi Network Price Eyes More Gains as Bullish Triangle Emerges
Pi Network price is already going up ahead of Consensus, and because of this, there is a lot of talk about where this is headed. The four-hour and daily charts are not giving much to go on but the weekly has churned out something interesting.
There is a symmetrical triangle that is reading it is likely that the price of Pi Coin go up. The triangle reads that there is an obstacle at $0.189 that needs overcoming before bulls can get a strong grip. A CoinGape Pi Network price analysis had also established this hurdle at $0.18 that is hindering gains.
The support has been rising with higher lows, but the obstacle at $0.189 is creating a shadow of doubt whether another higher low will happen. Moving past this will be the beginning of a good and steady run for Pi Network because the price could get to $0.27. And this is because the triangle has a height representing a 45% rally that will happen if the obstacle at $0.189 is no longer there.
But the RSI has a reading of 39, and this is not good for the price because it shows bears are still more than bulls. Consensus 2026 and the founders speaking might just give the RSI the fuel it needs to have a reading of above 50 and confirm that a move to $0.27 might indeed happen.
This thesis of Pi Network going up will fall apart if the price cannot go above $0.1899 because this will mean bulls are not yet ready.