Pi Network’s Protocol v23 Upgrade Set for Mainnet Launch in Late 2025
- The Pi Network is actively testing the Protocol v23 upgrade on its Testnet, with a projected mainnet deployment in Q4 2025.
- Dr. Altcoin indicated that the successful completion of the current testing phase will lead to further testing before mainnet deployment.
- The upgrade aims to enhance scalability and transaction efficiency, which may aid in the recovery of Pi coin’s price.
- New features introduced include a decentralized exchange (DEX) and an automated market maker (AMM) for enhanced trading capabilities.
- Currently, Pi coin is priced at $0.2368, with trading volumes below $30 million, reflecting ongoing market challenges.
The upcoming Protocol v23 upgrade represents a significant milestone for the Pi Network, as it focuses on improving network performance and user experience through new functionalities like DEX and DeFi tools. The success of this upgrade could potentially impact Pi coin’s market position significantly.
With Pi coin having lost nearly 90% of its value since earlier this year, effective measures from the Core Team are crucial to stabilize its market presence as they prepare for the mainnet upgrade.(Source)
