Pi Network’s Protocol v23 upgrade is nearing completion, with analysts predicting a mainnet rollout by late 2025.
By Parth Dubey
Editor Julia Sakovich
Updated
4 mins read
The Pi Network has been actively testing its Protocol version 23 upgrade on the testnet throughout the past month. Analysts expect the mainnet rollout to take place in the fourth quarter of 2025, bringing enhanced scalability and transaction efficiency to the blockchain.
Pi community expert Dr. Altcoin confirmed that the Protocol 23 upgrade is currently undergoing active testing on the Testnet. Once the testing completes, developers plan to move to Testnet 2 before launching it on the Mainnet.
Question Asked: How far is Pi Network’s blockchain upgrade to Protocol Version 23 (Smart Contracts)?
My Answer: Currently, the Testnet is running under Protocol 23 and undergoing active testing. Once this phase is completed successfully with minimal or no errors (you can observe… pic.twitter.com/vjEX411pgo
— Dr Altcoin ✝️ (@Dr_Picoin) October 9, 2025
The analyst noted that the Pi Core Team (PCT) usually takes a slow but cautious approach to ensure precision. He added that the upgrade could arrive between late Q4 2025 and early Q1 2026.
The upgrade also introduces Stellar Core v23.0.1, focusing on scalability and smoother transaction processing. The integration of Stellar’s v23 framework would offer better tools for developers, suggesting stronger mainnet performance.
Meanwhile, Pi Network is also working on its Rust Software Development Kit (SDK) to enable developers to build, test, and deploy smart contracts more efficiently.
📢 Breaking: Pi Network Rust SDK 🎙
Pi’s Rust SDK is being built like Stellar’s Soroban Rust SDK, providing the tools, libraries, and CLI for developing, testing, and deploying smart contracts. Work has already started 🖥🚀#PiNetwork pic.twitter.com/a0rF87tJEI— PiNetwork⚡️阿龙 (@fen_leng) October 8, 2025
The product is modeled after the Stellar Soroban Rust SDK and includes libraries, tools, and a command-line interface (CLI) to simplify contract creation. This suggests Pi team’s plan to expand its developer ecosystem and increase the utility of the Pi token.
Pi coin, the native cryptocurrency of Pi Network, has been trading sideways for months. Currently, it is testing support around $0.2368, with trading volumes dropping to $28 million.
According to CoinMarketCap, PI is trading around $0.2334, down 32% in the past month. Dr. Altcoin has urged the Pi Core Team to stabilize the coin’s value through buybacks or token-burning mechanisms.
Once valued at about $18 billion in February, Pi token’s market cap has fallen to $1.92 billion, down 92% from its all-time high of $2.98. However, analysts expect that the upcoming upgrade could help in Pi Coin price recovery.
On the 4-hour chart, PI continues to trade below the middle Bollinger Bands, suggesting persistent selling pressure. If bearish momentum continues, traders could see immediate support at $0.226, with a deeper floor near $0.215.
PI price chart with RSI and Bollinger Bands | Source: TradingView
The RSI is indicating that the cryptocurrency is in oversold territory. This is a sign of a potential short-term rebound if buying interest increases. Resistance remains at $0.249 and $0.272, and a break above these could signal the start of a bullish recovery phase.
As PI coin eyes a price rally, another name catching attention in the crypto space is Snorter Bot (SNORT). It is a rapidly growing Telegram-based trading assistant that blends the viral appeal of meme coins with the practicality of advanced trading tools.
Built to simplify on-chain trading, Snorter Bot enables users to spot, snipe, and manage tokens directly within Telegram in just a few taps. Its first version focuses on the Solana ecosystem, known for its fast transactions and low fees.
However, future updates will expand support to Ethereum, BNB Chain, and other EVM-compatible blockchains.
Snorter stands out for its simplicity and speed. Users can create or import wallets instantly, perform secure swaps in seconds, and use advanced trading tools without needing to navigate complex interfaces.
The SNORT token serves as the key to unlocking Snorter’s premium features. With a fixed supply of 500 million tokens, the project aims to make high-speed DeFi trading easily accessible to everyone.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
