Pi Network Adds Palm Print Auth Prior Token Unlock

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.

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.

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.