Pi Network Enhances Payment Speed with New Upgrade
- Pi Network’s latest upgrade allows payment settlements in under 10 minutes.
- A new developer library simplifies payment integration, enabling setups in less than ten minutes.
- The Pi software development kit and back-end APIs are now bundled for easier access by developers.
- Currently, Pi coin trades at approximately $0.21, with weekly trading volume below $100 million.
- The liquidity issues have led to increased pricing volatility despite recent technological advancements.
The updates aim to improve the utility of the Pi coin by enhancing payment services, which are essential for real-world applications within the ecosystem. This comes after a temporary freeze on wallet payment requests due to a scam incident.
Despite these upgrades, market performance remains weak, with trading volumes significantly lower than last year’s peak levels of over $10 billion per week.
