Pi Network Protocol 23 Mainnet Rollout Expected Q4 2025
The Pi Network has been testing its Protocol version 23 upgrade on the testnet, with a mainnet rollout expected in Q4 2025. The upgrade aims to enhance scalability and transaction efficiency.
- Dr. Altcoin confirmed ongoing testing on the Testnet, with plans to move to Testnet 2 before Mainnet launch.
- The upgrade includes Stellar Core v23.0.1 for improved scalability and smoother transactions.
- A Rust Software Development Kit (SDK) is being developed to facilitate smart contract deployment.
Pi Coin Price:
- Currently trading around $0.2334, down 32% over the last month.
- Market cap fell from $18 billion in February to $1.92 billion.
- Potential for price recovery tied to the upcoming protocol upgrade.
On the technical front:
- PI trades below middle Bollinger Bands, indicating selling pressure.
- RSI suggests PI is in oversold territory, hinting at potential short-term rebound.
- Resistance levels are at $0.249 and $0.272, where breaking above could initiate bullish recovery.
Snorter Bot (SNORT):
- A Telegram-based trading assistant focusing initially on the Solana ecosystem.
- SNORT token unlocks premium features, with a fixed supply of 500 million tokens.
- Token presale details: Price at $0.1073, with $4.47 million raised.