Pi Network Upgrades to Version 20, Boosting Pi Coin Value by 3%
- Pi Network has upgraded its blockchain protocol from version 19 to version 20 on its Testnet.
- The upgrade led to a price increase of approximately 3% for Pi Coin (PI), now trading at $0.3537.
- Over the past month, Pi Coin has seen a decline of nearly 10%, with losses of 75.65% over the last six months.
- A domain name auction is set to run until September 30th, allowing users to secure preferred domain names linked to the Pi ecosystem.
- The upgrade is part of a phased plan leading up to version 23, indicating ongoing technical development.
The upgrade signifies a commitment to strengthening the blockchain structure ahead of future Mainnet activity, with strong community interest evident in the response to recent developments. The upcoming domain auction aims to enhance user engagement and utility within the Pi Network ecosystem.
With a cumulative gain since launch exceeding 253%, this latest protocol update reflects both technical progress and investor optimism amid market volatility.(Source)
