Pi Network Price Rises 2% Amid Buzz Over Linux Node Launch and V23 Upgrade
Jakarta, Pintu News – Pi Network (PI) is entering a crucial stage with the launch of Pi Node Linux as well as preparations for the upcoming protocol update to version 23.
Paradoxically, however, Pi Coin’s price is trading just above its all-time low, leaving investors both worried and hopeful of a significant price spike.
Pi Network Price Rises 2.6% in 24 Hours
On August 29, 2025, the price of Pi Network was recorded at $0.3556, having risen 2.6% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,465), then 1 Pi Network is IDR 5,854.
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In the span of one day, the price moved between $0.3456 to $0.3653, showing mild volatility but remaining in an uptrend.
In terms of market capitalization, Pi Coin currently has a valuation of around $2.83 billion, while its fully diluted valuation (total value if the entire supply is in circulation) stands at $4.36 billion. This shows the potential for long-term growth if adoption continues to increase.
Infrastructure Version Update
Pi Network has officially introduced Node Linux and is planning a protocol update from version 19 to version 23.
Pi Node Linux allows operators-especially service providers and exchanges using Linux environments-to run standardized node software. This replaces the need for customized builds.
Operators can manage protocol updates manually or enable the automatic update feature from Pi, which will reduce node configuration differences and improve network stability.
For the community, while this Linux support does not directly reward Node, it lowers the barriers to participation. That way, developers and users with technical expertise can more easily contribute to the ecosystem.
In parallel, Pi also announced a phased protocol update, starting with Testnet1 in the next few weeks, followed by Testnet2. After that, the Mainnet will switch the entire ecosystem to version 23-a variant of the Stellar v23 protocol that has been modified by Pi.
Pi also plans to embed KYC authority directly at the protocol layer, gradually delegating verification authority to trusted organizations.
Team Pi shared that more than 14.82 million users have completed the KYC process and migrated to the Mainnet. This is an important milestone to unlock various integrations that require identity verification.
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Prices fall amid mixed signals
From the market’s point of view on August 28, macroeconomic pressures and Bitcoin volatility dragged PI into the risky zone.
Real-time data shows that the PI price was briefly trading around $0.34-just slightly above the all-time low of $0.3312 (August 26, 2025). This slight gap could easily be broken if bearish sentiment strengthens.
In fact, the highest price this year was recorded at $2.99 in February, which means that months of declines have erased most of the gains made earlier in the year.
Technical signals point to mixed conditions. Some analysis highlights a bullish divergence on the momentum indicator, which hints at a potential rebound of up to 40% if PI is able to reclaim the resistance zone. However, this scenario is highly dependent on the influx of fresh buying interest and general market conditions.
On the other hand, other reports warn that PI’s tightening correlation with Bitcoin could drag PI to a new low if BTC weakens. If Bitcoin continues to decline, the risk of PI breaking historical support becomes very real.
In short, Pi is currently strengthening its infrastructure while testing the price bottom.
Levels close to record lows are usually attractive to investors with a high risk profile, but strict risk management-such as setting clear stop-losses, setting position sizes, and waiting for trend confirmation-is essential.
For developers, the launch of Pi Node Linux and the update to version 23 is a great moment to experiment with early integrations, especially as the KYC process will be moved to the protocol layer. This feature could be an important differentiator as institutional capital begins to return to the market.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- BeInCrypto. Pi Network Upgrades: Can They Lead Price Recovery? Accessed on August 29, 2025
- CoinSpeaker. Pi Network Upgrade: Pi Price Recovery. Accessed on August 29, 2025
