Pi, Bitcoin & Solana Price Forecasts: European Market Analysis - September 12 Edition

Digital assets roar into September with traders eyeing key resistance levels across major cryptocurrencies.

Pi Network's Mainnet Momentum

The nascent project continues its gradual rollout—testing patience and portfolios in equal measure. Community speculation meets real-world utility as developers push toward full decentralization.

Bitcoin's Institutional Dance

King crypto flirts with previous highs while traditional finance players increase exposure. ETF flows and macroeconomic signals drive short-term volatility amid long-term bullish sentiment.

Solana's Speed Play

Ethereum's favorite challenger leverages blistering transaction speeds to capture DeFi market share. Network upgrades and NFT adoption fuel developer enthusiasm—though outage risks linger in the background.

European regulators watch from the sidelines, drafting paperwork while actual innovation happens elsewhere. As always, the real money moves before the bureaucracy catches up.

Pi Network Price Forecast: PI teases breakout amid waning retail demand

Pi Network (PI) appreciates over 3% at press time on Friday, marking the end of a week-long consolidation phase and teasing a potential channel breakout that WOULD add to the possibility of further gains ahead. However, chances of a breakout are limited given the increase in Centralized Exchanges (CEXs) wallet balances, which indicates a decline in retail demand. 

Bitcoin Weekly Forecast: BTC extends recovery as market readies for Fed rate cut

Bitcoin (BTC) steadies around $115,000 at the time of writing on Friday, having recovered nearly 4%. This recovery is further fueled by strong institutional inflows and renewed corporate accumulation this week. Market Optimism is further supported by growing expectations of a Federal Reserve (Fed) rate cut next week, with traders even assigning a small probability to a larger 50-basis-point (bps) move.

Solana-based Raydium and Jupiter extend rally as TVL, Open Interest surge

Decentralized Finance (DeFi) protocols such as Raydium (RAY) and Jupiter (JUP) rank among the top performers in the broader cryptocurrency market on Friday, fueled by the Solana (SOL) rally. The technical outlook suggests further recovery in Raydium and Jupiter underpinned by increased retail demand on the respective platforms and derivatives markets.