MEXCPi Network Mainnet to Get Major Upgrade in Q4, Says Expert
Highlights
- Pi Network protocol 23 upgrade aligns with Stellar Core v23.0.1, with the goal to boost scalability and transaction efficiency.
- The Testnet now features a decentralized exchange (DEX) and automated market maker (AMM), enabling users to trade tokens, create liquidity pools, etc.
- Analyst Dr. Altcoin urged the Pi Core Team to consider token buybacks or coin burns to restore Pi coin liquidity.
Over the past month, the Pi Network testnet has been actively testing the Protocol v23 upgrade and has made significant progress in this regard. Market experts believe that this upgrade is coming to the mainnet in Q4 2025. This upgrade brings scalability and transaction efficiency to the blockchain, which could eventually help in Pio coin price recovery moving ahead.
Pi Network to Get Protocol 23 Upgrade in Q4 2025
Pi community expert Dr. Altcoin noted that the ongoing Protocol 23 upgrade is currently in the active testing phase in the Testnet version of the Pi Network. He stated that once this phase concludes successfully, with minimal or no errors, as developers will proceed with Testnet 2 before deploying the update to the Mainnet blockchain.
Dr. Altcoin projected that the full Mainnet upgrade to Protocol 23 could take place by late Q4 2025 or early Q1 2026. However, he believes that this depends on the testing outcomes. The analyst also stated that the Protocol Core Team (PCT) is “known for doing things painfully slow but meticulously right,” emphasizing the team’s cautious and detail-oriented approach.
The latest upgrade to the Pi Network comes along with Stellar Core Version 23.0.1. It focuses on improving scalability and transaction efficiency while laying the groundwork for future mainnet enhancements.
The integration of Stellar’s v23 framework represents a major milestone in the Pi blockchain development, giving developers improved tools to test applications prior to mainnet deployment. This v23 upgrade will strengthen the network’s ability to scale efficiently and operate securely.
Besides, the Pi Network has introduced two major features to its Testnet, a decentralized exchange (DEX) and an automated market maker (AMM). The additions enable users to trade tokens, create liquidity pools, and test decentralized finance (DeFi) functionalities within a secure test environment.
Will Pi Coin Price Recover After the Mainnet Upgrade?
Pi coin, the native cryptocurrency of the Pi Network has struggled for a long time and has been continuously moving sideways. The altcoin is currently testing base at $0.2368, with daily trading volumes crashing to under $30 million.
Dr. Altcoin has called on the Pi Core Team (PCT) to take decisive action on the Pi Coin’s market performance. The expert suggested potential measures such as token buybacks from centralized exchanges (CEXs) or the introduction of coin-burning mechanisms to strengthen the project’s tokenomics.
“Pi’s liquidity is currently very low, and if the Core Team does not take proper measures, unfortunately, the price will continue to fall,” he added.
Earlier this year in February, Pi coin was among the top 15 digital assets with a market cap of over $17 billion. However, the altcoin has lost nearly 90% of its value since then, and has now moved out of the top 50 ranking digital assets.
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