Pocket Network Now World’s First Permissionless API Network with Launch of Shannon Protocol Upgrade

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 06 2025

Should l Buy POKT?

Pocket Network's Shannon Upgrade: The launch of the Shannon upgrade transforms Pocket Network from a decentralized RPC provider into the first permissionless Open API Network, enabling decentralized access to data crucial for AI training and cross-chain applications.
Key Features and Impact: The upgrade introduces native incentives, automatic quality scoring, and open coordination, positioning Pocket as a foundational layer for open data markets and addressing the urgent need for reliable, censorship-resistant data access in AI development.

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Technical Analysis for POKT

Technical Sentiment Analysis for Pocket Network (POKT). As of , Pocket Network (POKT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for POKT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, POKT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Pocket Network (POKT) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00922	0.0114	0.0132	0.0154	0.0172	0.0194	0.0212
Fibonacci	0.0114	0.013	0.0139	0.0154	0.017	0.0179	0.0194

About POKT

Pocket Network is a decentralized blockchain data platform - a protocol that is built to connect to any blockchain and service the data demands of Web3 dApps. Pocket Network uses cost-efficient economics to coordinate and distribute data at scale, using the POKT token to facilitate the protocol's service.Pocket Network nodes act as the middle layer that connects the protocol's 50+ supported blockchains with their ecosystems of dApps that require data from the chain. The network runs on a Proof-of-Stake (PoS) consensus mechanism that offers scalability and data consistency for dApps.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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