Jakarta, Pintu News – Pi Network, which has long struggled with its coin price performance, is scheduled to receive a major update in the fourth quarter of 2025. This update, known as Protocol 23, is currently in an active testing phase and is expected to improve the scalability and efficiency of transactions on the blockchain.
The 23 Pi Network protocol is currently being tested on the Testnet version and is showing significant progress. Dr. Altcoin, a Pi community expert, revealed that this phase of testing should be completed successfully before moving on to Testnet 2. After that, the update will be applied to the Mainnet blockchain.
According to Dr. Altcoin, the update to the Mainnet could happen by the end of the fourth quarter of 2025 or early 2026, depending on the test results. Protocol 23 is part of Stellar Core Version 23.0.1, which aims to improve scalability and transaction efficiency.
The integration of the Stellar version 23 framework is an important milestone in the development of the Pi blockchain, giving developers better tools to test applications before they are deployed on the Mainnet.
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In addition to the Protocol 23 update, Pi Network has also introduced two key features on its Testnet: a decentralized exchange (DEX) and an automated market maker (AMM). These features allow users to trade tokens, create liquidity pools, and test decentralized finance (DeFi) functionality in a secure environment.
This marks an important step in enhancing the network’s capabilities in supporting innovative financial applications. With DEX and AMM in place, Pi Network users can experience smoother and more efficient transactions. It also opens up opportunities for developers to create more diverse and well-integrated financial solutions within the Pi ecosystem.
Pi Coin, the native cryptocurrency of the Pi Network, has seen a significant drop in value, losing almost 90% of its market value since the beginning of this year. Currently, Pi Coin sits at a base price of $0.2368 with daily trading volume falling below $30 million.
Dr. Altcoin calls on the Pi Core Team (PCT) to take decisive action against Pi Coin’s market performance. Some of the suggested measures include a token buyback from a centralized exchange (CEX) or the introduction of a coin burn mechanism. These measures are expected to strengthen the project’s tokenomics and possibly help in the recovery of Pi Coin’s price in the market.
With the scheduled updates and new features implemented on Testnet, the future of the Pi Network looks set to bring significant technical improvements. Nonetheless, the effectiveness of these measures in restoring the value of Pi Coin remains to be seen, depending on market acceptance and further implementation of the updates.
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