While speculation regarding a potential price surge in the Pi Network is growing, official confirmation from project leadership remains absent. Analysts suggest this could be driven by technical indicators suggesting stabilization but no concrete statements exist to confirm any such increase. 8/31, analysts anticipate a possible market-driven price increase towards the end of August, with independent trading volume reaching $40 million daily, largely unaffected by broader market shifts. Pi Network’s value appears isolated from major crypto shifts, showing little impact on ETH, BTC or other altcoins noted in August. Despite uncertainty and speculation surrounding the anticipated price hike, market forecasts suggest possible stabilization for Pi Coin based on current trading trends. Historically, significant announcements have correlated with price hikes but no such announcements are currently predicted for August. Market analysts highlight technical indicators as a potential basis for cautious optimism despite a lack of official statements from the project’s key figures like Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. “As of now, there has not been any commentary from the core team regarding price stabilization or market forecasts for late August,” says Dr. Chengdiao Fan, Co-Founder & Head of Product at Pi Network.