Recent Updates on Pi Network (PI), Ripple (XRP) Price Targets and More: Summary of Bits on January 9

Here’s everything most interesting around PI, XRP and ETH.

Clarification for PI users

The controversial but very popular crypto project Pi Network has been around for almost seven years and its name has been featured on several X accounts. However, most of them are unofficial and can provide misleading information to users (known as Pioneers).

The project team recently warned that the only official X account is the Pi Network (PiCoreTeam) account. Its user base stands at 4.2 million, surpassing the official profiles of prominent altcoins such as Ethereum and Ripple.

Before that, the Pi Network team released its 2025 summary, highlighting progress in its ecosystem, with the key milestone being the highly anticipated mainnet and token launch in February.

However, numerous X users criticized the project for failing to solve some of the biggest issues related to the migration process and verification procedures. Meanwhile, PI’s price has plummeted in recent months, and some analysts believe it is “difficult to remain bullish” at this point.

What’s next for XRP?

Ripple’s native token had an impressive start to the year, briefly rising above $2.40 on January 6. However, in recent days, the bears have regained control and the price is now trading around $2.10 (according to CoinGecko data).

The analyst, who used the X name CW, recently noted that XRP reserves on the South Korean exchange Upbit dried up in early 2026. Such a development was observed in 2024, shortly before the asset embarked on a major bull run, raising the question of whether history will repeat itself.

You might also like:

XRP is typically one of the most talked about topics in the industry, and its popularity was further boosted this week after CNBC crowned it “the hottest crypto trade of the year.” The Power Lunch show host claimed that there is “big money” behind this token, noting the significant interest in the spot XRP ETFs.

ETH turbulence incoming?

The second-largest cryptocurrency also started 2026 on a strong note and is currently trading well above $3,000. While price volatility has not been substantial over the past day, one key indicator suggests that the lull may not last much longer.

Just a few hours ago, X user Bryant revealed that the Bollinger Bands are “squeezing tight.” The benchmark, introduced by John Bollinger in the 1980s, is widely used by traders. It consists of a moving average with upper and lower bands, and their compression could precede a strong price move in either direction.

For his part, Merlin The Trader thinks the disappointing end to 2025 for ETH could be good news for the bulls. He recalled that the asset often performs well in the first and second quarters after the year ends in the red.