{"id":52406,"date":"2026-11-13T11:29:28","date_gmt":"2026-11-13T11:29:28","guid":{"rendered":"https:\/\/cryptd.in\/pi-network-pi-hit-by-volatility-solana-sol-braces-for-additional-sell-off-bits-recap-nov-13\/"},"modified":"2026-11-13T11:29:28","modified_gmt":"2026-11-13T11:29:28","slug":"pi-network-pi-hit-by-volatility-solana-sol-braces-for-additional-sell-off-bits-recap-nov-13","status":"publish","type":"post","link":"https:\/\/cryptd.in\/el\/pi-network-pi-hit-by-volatility-solana-sol-braces-for-additional-sell-off-bits-recap-nov-13\/","title":{"rendered":"Pi Network (PI) Hit by Volatility, Solana (SOL) Braces for Additional Sell-off: Bits Recap Nov 13"},"content":{"rendered":"

Pi Network\u2019s native token experienced heightened volatility over the past several days, driven by excitement about an upcoming ecosystem event and broader market dynamics.<\/p>\n

Solana\u2019s SOL plunged 10% on a weekly basis and risks further declines, while Zcash (ZEC) lost its prestigious spot among the ten largest cryptocurrencies.<\/p>\n

PI\u2019s Roller Coaster<\/h2>\n

The token has been in a steep downfall over the last few months, and its condition worsened at the start of November, when it tumbled<\/a> to a new all-time low of around $0.063.<\/p>\n

Earlier this week, the higher-than-expected inflation in the US poured<\/a> another cold shower on the cryptocurrency market, but instead of following the red wave, PI surprisingly headed north and exceeded<\/a> $0.07. X account BSCN said the ascent appeared technical as the token emerged from an oversold situation, along with a small increase in open interest for derivatives contracts.<\/p>\n

The team also focused on the upcoming Ecosystem Summit, which may have sparked enthusiasm across the community. The three-day online event is set for November 17-19 and will feature<\/a> platform updates, developer-tool demonstrations, app showcases, and discussions between devs and the Core Team.<\/p>\n

The resurgence was short-lived, and PI plunged below $0.07 again. As of press time, its market capitalization stands at roughly $790 million, making it the 82nd-biggest cryptocurrency.<\/p>\n

More Problems for SOL?<\/h2>\n

Solana\u2019s native cryptocurrency is down 25% for the month and is currently trading near $80. Numerous market participants have analyzed its performance lately, with X user Mookie saying<\/a> the price is nearing \u201ca big test\u201d at $78. In their view, holding this level could trigger \u201ca good bounce,\u201d yet losing it might result in a crash to as low as $63.<\/p>\n

Meanwhile, the lack of institutional demand supports the bearish scenario. Spot SOL ETFs have been bleeding<\/a> heavily in the past several weeks, with the last day inflows exceeded outflows being October 21.<\/p>\n

Of course, not everyone is pessimistic, as some analysts view the current conditions as a perfect buying opportunity. ZAYRO \u20bf, for instance, argued that SOL is nearing the end of its \u201cmanipulation\u201d phase and is about to enter the distribution zone, where a major pump is expected. The analyst thinks \u201ceverybody will be crying about not buying\u201d now, adding that Solana at these prices is \u201cpractically free money.\u201d<\/p>\n

ZEC\u2019s Slump<\/h2>\n

The popular privacy coin is among the worst-hit cryptocurrencies after the latest correction, with its price nosediving 25% in the last week. Just a few days ago, it fell<\/a> below $1,000 for the first time since the start of September and is currently worth $950 (per CoinGecko).<\/p>\n

X user Altcoin Sherpa believes the ultimate bottom could arrive at the $800-$900 range, while Crypto Patel projected a potential collapse to the $200-$500 zone.<\/p>\n

Meanwhile, Lookonchain recently revealed that a mysterious whale who previously opened a 10x long on 18,000 ZEC ($17.63 million) suffered a major loss of over $2.8 million (at least on paper). The entity also disclosed that the trader would be fully liquidated if ZEC collapses to around $895 (as it briefly did), unless they provide additional collateral to keep the position open.<\/span><\/p>\n

\u0397 \u03b8\u03ad\u03c3\u03b7 Pi Network (PI) Hit by Volatility, Solana (SOL) Braces for Additional Sell-off: Bits Recap Nov 13<\/a> \u03b5\u03bc\u03c6\u03b1\u03bd\u03af\u03c3\u03c4\u03b7\u03ba\u03b5 \u03b3\u03b9\u03b1 \u03c0\u03c1\u03ce\u03c4\u03b7 \u03c6\u03bf\u03c1\u03ac \u03c3\u03c4\u03bf CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Pi Network\u2019s native token experienced heightened volatility over the past several days, driven by excitement about an upcoming ecosystem event and broader market dynamics. Solana\u2019s SOL plunged 10% on a weekly basis and risks further declines, while Zcash (ZEC) lost its prestigious spot among the ten largest cryptocurrencies. PI\u2019s Roller Coaster The token has been […]<\/p>\n","protected":false},"author":1,"featured_media":52408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-52406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nPi Network (PI) Hit by Volatility, Solana (SOL) Braces for Additional Sell-off: Bits Recap Nov 13 - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/el\/pi-network-pi-hit-by-volatility-solana-sol-braces-for-additional-sell-off-bits-recap-nov-13\/\" \/>\n<meta property=\"og:locale\" content=\"el_GR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pi Network (PI) Hit by Volatility, Solana (SOL) Braces for Additional Sell-off: Bits Recap Nov 13 - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Pi Network\u2019s native token experienced heightened volatility over the past several days, driven by excitement about an upcoming ecosystem event and broader market dynamics. 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