Price of 1 Pi Network (PI) in Indonesia Today (2/9/26)

Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia today, February 9, 2026, is equivalent to approximately US$0.1448 or approximately IDR 2,428 per PI (assuming an exchange rate of US$1 = IDR 16,766). This price movement comes in the midst of the v23 mainnet upgrade process that Pi Network is going through gradually and on a scheduled basis, starting from version 19 to 23.

Behind the numbers on the screen, the price of PI is also strongly supported by the performance of nodes that run consensus based on the Stellar Consensus Protocol, not just market speculative sentiment. Therefore, to read PI’s future prospects, investors need to look not only at the rupiah chart, but also technical developments such as the stages of the mainnet upgrade and the stability of the node network that supports the Pi ecosystem.

How much is 1 PI in Indonesia today?

The Pi (PI) price chart in the last 24 hours shows a sideways movement with fairly high intraday volatility in the range of US$0.144-US$0.146. The price was last recorded at around US$0.1448, down slightly by around 0.35% on a daily basis, so selling pressure appears to be present but has not yet led to a deep correction.

The green areas on the chart depict the phases when the price moved above the daily opening level, while the red areas reflect the periods when Pi traded below it. Several sharp spikes up and down indicate the presence of aggressive short-term trading activity, but without a clear trend change.

In terms of market fundamentals, Pi’s capitalization stood at around US$1.29 billion, with a 24-hour trading volume of around US$9.03 million which actually fell by more than 42%, indicating that interest in today’s transaction was weaker than the previous day.

Nonetheless, the community sentiment indicator on the right side of the screen shows 87% bullish votes versus 13% bearish, illustrating that the majority of respondents are still optimistic about Pi’s prospects despite flat prices.

This combination of flat price movement, declining volume, and sentiment that remains positive hints at a consolidation phase, where the market is waiting for a new trigger before determining the next trend direction.

Also read: 4 XRP February 2026 Price Predictions According to AI

Mainnet v23 Upgrade: Phased and Scheduled

The Pi mainnet upgrade is not done with a direct jump to version 23, but rather through several intermediate versions. The path that nodes must follow is 19.1 → 19.6 → 19.9 → 20.2 → 21.1 → 22.1 → 23.0, and each stage must be completed across the network before the next stage begins. Currently, the main focus is on completing the upgrade to v19.6 with a deadline of February 12, 2026, followed by v19.9 with a target of February 27, and v20.2 on March 12, 2026.

The core team emphasized that node operators should not jump versions and should wait for any active authorized upgrades before proceeding. This approach is designed to maintain network stability and minimize the risk of errors or configuration inconsistencies between nodes. To help with this process, Pi also released a command line tool on Linux to allow node operators to manage updates in a more automated and controlled manner.

Also read: These 3 Altcoins Are Predicted to Explode When Bitcoin Crashes Below $70,000

Role of Nodes and Pi Consensus Approach

Pi nodes run on laptops or desktops and are responsible for validating transactions and helping the network reach consensus on the order of transactions. Unlike Bitcoin or Ethereum, which use proof of work, Pi adopts a Stellar Consensus Protocol (SCP) based model with an emphasis on trust groups and inter-node communication. This approach aims to improve energy efficiency while maintaining the security and decentralization of the network.

With the gradual upgrade to v23, the performance and stability of the consensus process is expected to improve. New tools for upgrade automation also reduce the technical burden for node operators, especially for those managing multiple instances. Overall, this update is positioned as the foundation for the next stage of development, including wider application adoption and ecosystem integration.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinfomania. Pi Network Starts Mainnet Upgrade v23 as Core Team Marks Moderator Day. Accessed February 9, 2026
• Featured Image: Coinlaw