What is expected in the development of PI?
Pi Network’s roadmap centers on growing its ecosystem and upgrading technology:
- Protocol v23 Upgrade (Q4 2025) – Moving to Stellar Core v23.0.1 to handle more transactions smoothly.
- Rust SDK Launch (2026) – Making it easier for developers to build smart contracts.
- KYC/Migration Improvements (Ongoing) – Speeding up user verification and onboarding.
In-Depth Look
1. Protocol v23 Upgrade (Q4 2025)
What’s happening:
Pi Network is preparing to upgrade its system to use Stellar Core v23.0.1. This update will help the network process transactions faster and support more users at once. Testing is currently happening on a test network, with plans to launch on the main network by late 2025 or early 2026 (Coinspeaker). The upgrade is part of a careful, step-by-step plan to ensure everything runs smoothly.
Why it matters:
- Positive: Better performance could attract more developers and increase how much Pi is used.
- Neutral: Like many blockchain projects, delays might happen, which could test user patience.
2. Rust SDK Launch (2026)
What’s happening:
Pi Network is developing a new Software Development Kit (SDK) using the Rust programming language, inspired by Stellar’s Soroban. This tool will make it simpler for developers to create smart contracts—programs that run on the blockchain.
Why it matters:
- Positive: Easier development tools can lead to more apps and greater demand for Pi.
- Risk: Other platforms like Ethereum already have popular SDKs, so Pi will need to stand out.
3. KYC/Migration Improvements (Ongoing)
What’s happening:
Pi Network recently fixed “Tentative KYC” issues affecting over 500,000 users, but some regions still face challenges due to limited verification resources (Pi2Day 2025 Update). The team is working to speed up the verification process and bring more users onto the network.
Why it matters:
- Positive: Faster identity checks mean more users can access their Pi and participate fully.
- Negative: Long delays could hurt trust in Pi’s management.
Summary
Pi Network is carefully upgrading its technology while improving user experience, aiming to grow from a closed community into a strong Web3 platform. Progress is steady, but challenges like execution risks and market reactions will influence success.
What to watch next: Keep an eye on how Protocol v23 performs in testing and any news about Pi being listed on exchanges—these could drive interest and value.
What updates are there in the PI code base?
Pi Network’s latest software updates focus on improving its system protocols, optimizing node performance, and enhancing tools for its community.
- V23 Protocol Rollout (September 18, 2025) – Boosts compliance and speeds up transactions by integrating Stellar Core technology.
- Linux Node Support (August 28, 2025) – Adds compatibility with Linux operating systems to support a more decentralized network.
- Node v0.5.3 Stability Update (July 10, 2025) – Introduces automatic updates and fixes bugs to make the network more reliable.
In-Depth Look
1. V23 Protocol Rollout (September 18, 2025)
What it is: Pi Network started upgrading to Protocol version 23, which includes new Stellar Core and Horizon software. This update helps Pi meet global regulatory standards and makes transactions faster.
Details: The upgrade began with a testing phase on September 12, 2025, before moving to the main network. It adds on-chain identity verification (KYC) and lays the groundwork for smart contracts using Stellar’s technology. Users might experience temporary service interruptions during this transition (Source).
Why it matters: This is a positive step for Pi because it improves compliance with regulations and expands development possibilities, such as decentralized finance (DeFi). However, there may be short-term technical challenges during the upgrade.
2. Linux Node Support (August 28, 2025)
What it is: Pi Network now supports running nodes on Linux systems, which is important for developers and exchanges that use this operating system.
Details: This update makes it easier to set up and maintain nodes with automatic updates, reducing technical hurdles. Currently, over 14.8 million users who have completed identity verification operate nodes across Pi’s test and main networks (Source).
Why it matters: While this doesn’t directly affect Pi’s token economics, it broadens the network’s infrastructure and could attract more professional validators in the future.
3. Node v0.5.3 Stability Update (July 10, 2025)
What it is: The latest node software version improves security and network connectivity, fixes compatibility issues with Docker (a software platform), and introduces gradual automatic updates.
Details: This update focuses on making the backend more stable and integrating with blockchain explorers, which helps reduce downtime for node operators. Manual updates are still possible through GitHub (Source).
Why it matters: This is good news for Pi because it increases network reliability and makes it easier for people to run nodes, supporting a more decentralized system.
Conclusion
Pi Network’s recent updates target better scalability (with Protocol V23), wider accessibility (Linux node support), and stronger reliability (Node v0.5.3). These improvements prepare Pi for deeper integration into the Web3 ecosystem. Although some technical risks remain during the upgrade process, these changes show Pi moving closer to a fully open and compliant main network. How the new on-chain identity verification and Linux adoption will affect Pi’s regulatory position in late 2025 remains to be seen.
Why did the price of PI fall?
Pi Network’s price dropped 11.56% in the last 24 hours, pushing its losses over the past week and month to 22.76% and 41.42%, respectively. The main reasons behind this decline are:
- Technical issues – Oversold signals and breaking key support levels
- Upcoming token unlocks – 120 million PI tokens will enter the market soon
- Community concerns – Criticism about leadership and slow progress
Deep Dive
1. Technical Weakness (Negative Impact)
Overview: PI’s price fell below an important support level at $0.22, known as the Fibonacci “Golden Pocket” (Crypto.News). The Relative Strength Index (RSI), a tool that measures if an asset is overbought or oversold, is at 7.91, indicating PI is heavily oversold. Another indicator, MACD, also points to downward momentum.
What this means: Although oversold conditions sometimes lead to price rebounds, PI’s low trading activity (only 6.6% turnover) increases the risk of further price drops. For the price to recover, it needs to close above $0.26 to break this negative trend.
2. Token Unlock Overhang (Negative Impact)
Overview: Around 120 million PI tokens (worth about $24.2 million at current prices) will become available in the next 30 days (CryptoPotato). This increase in supply could add selling pressure. Although the amount of PI held on exchanges is decreasing, demand remains weak.
What this means: The new tokens entering the market could flood supply without enough demand to absorb them. PI’s total supply is 100 billion, but only about 8.25 billion are currently in circulation, raising concerns about long-term dilution.
3. Leadership & Ecosystem Concerns (Mixed Impact)
Overview: Pi Network co-founder Chengdiao Fan shared updates about upcoming testnet features like decentralized exchanges (DEX) and automated market makers (AMM) at the TOKEN2049 conference. However, critics point out the lack of fully functional mainnet applications and limited transparency (CryptoPotato).
What this means: The planned launch of Protocol v23 in the fourth quarter of 2025 could improve confidence, but delays and low developer activity (the Pi Hackathon ends on October 15) have hurt community trust.
Conclusion
The recent drop in PI’s price is due to a mix of technical challenges, increased token supply, and doubts about the network’s development progress. While the upcoming Protocol v23 upgrade could be a positive turning point, the immediate focus is on whether the $0.20 price level can hold as a key support.
Key watch: How PI’s price responds to the results of the October 15 Hackathon and progress on Protocol v23’s Testnet 2.
What could affect the price of PI?
Pi’s price is currently caught between technical challenges and important upcoming network events.
- Mainnet Migration Deadline (Feb 2025) – The deadline for completing identity verification (KYC) and moving to the main network has been extended. Missing this deadline could increase the number of coins available, putting downward pressure on price.
- Protocol v23 Upgrade (Q4 2025) – Planned improvements to the network’s technology could boost its usefulness and attract more users, potentially increasing demand.
- Token Unlocks – About 120 million PI coins will become available in the next 30 days, which may lead to more selling pressure.
In-Depth Analysis
1. Mainnet Migration Deadline (Mixed to Bearish Impact)
What’s happening?
The Pi Core Team has extended the deadline for users to complete KYC and migrate their coins to the main network until February 28, 2025. If users don’t meet this deadline, they risk losing access to coins mined before 2023. This could release over 1.5 billion PI coins back into circulation (Pi Blog).
Why does it matter?
If many users miss the deadline, the sudden increase in available coins could lower the price. On the other hand, if many complete the migration, it will strengthen the network’s credibility. Currently, about 8.25 billion PI coins are circulating, but this number could rise sharply, potentially testing the $0.20 price level.
2. Protocol v23 Upgrade (Potentially Bullish)
What’s happening?
The network plans to integrate Stellar Core v23 by the fourth quarter of 2025. This upgrade aims to improve transaction speed and add decentralized finance (DeFi) features like decentralized exchanges (DEX) and automated market makers (AMM) on the test network. Developers are also working on a Rust software development kit (SDK) to encourage smart contract projects (Coinspeaker).
Why does it matter?
If successful, these upgrades could increase developer interest and real-world use of Pi, which usually helps the price. However, delays or technical issues—common in cautious rollouts—could keep the price under pressure.
3. Token Unlocks & Market Activity (Bearish Pressure)
What’s happening?
In the next 30 days, 120 million PI coins (worth about $24.5 million at current prices) will become available for trading. At the same time, exchange reserves are dropping as large holders (whales) accumulate coins (Cryptopotato).
Why does it matter?
Historically, when tokens unlock, prices tend to drop—as seen with a 31% price fall in September 2025 after a previous unlock. However, lower exchange liquidity could cause bigger price swings, offering short-term trading chances.
Conclusion
Pi’s future price depends on how well it balances increased coin supply from unlocks and migration against improvements in its technology and ecosystem. The Relative Strength Index (RSI) is at 7.91 (7-day), indicating the coin is extremely oversold. For a sustained price recovery, positive developments like new exchange listings or wider DeFi use will be needed. The big question remains: Will the Protocol v23 upgrade’s new DeFi tools lead to real on-chain activity, or will the increased supply keep prices down? Keep an eye on migration progress and developer involvement for signs of what’s next.
What are people saying about PI?
The Pi community is feeling a mix of hope and frustration. They’re excited about new updates but worried about large token releases and delays that could hurt the price. Here’s what’s making headlines:
- Sponsorship at TOKEN2049 brings new attention
- September upgrades spark talk of a price breakout
- Big token unlocks could threaten price stability
In-Depth Look
1. @DrNicolas_: Pi Social Profiles launch looks promising
“🚀 Connect globally via Pi Social Profiles – grow your Web3 network!”
– @DrNicolas (1.2M followers · 2.1M impressions · September 3, 2025, 12:19 PM UTC)
[See original post](https://x.com/drnicolas/status/1963215361232589168)
What this means: This is a positive sign for Pi’s growth. New social features can help keep users engaged and encourage more activity within the Pi ecosystem.
2. @pibartermall: TOKEN2049 gold sponsorship brings mixed feelings
“Pi confirmed as Gold Sponsor at TOKEN2049 Singapore – exposure boost!”
– @pibartermall (890K followers · 1.5M impressions · September 2, 2025, 4:29 AM UTC)
See original post
What this means: While sponsoring a major event like TOKEN2049 can increase Pi’s visibility and attract new partners, some remain cautious because Pi’s price has dropped 88% over the past year.
3. @HolaItsAk47: Excitement over v23 upgrade vs. token unlock risks
“September’s v23 upgrade (smart contracts, Linux nodes) – breakout incoming?”
– @HolaItsAk47 (320K followers · 680K impressions · September 15, 2025, 4:44 PM UTC)
See original post
What this means: The upcoming technical upgrades could attract developers and boost Pi’s potential. However, a large token unlock in September (161 million tokens worth about $32 million) might create selling pressure that offsets these gains.
Summary
Opinions on Pi are mixed. On one hand, new social features and the TOKEN2049 sponsorship show progress. On the other, big token unlocks and a 41% price drop in the last month raise concerns. Keep an eye on the v23 upgrade rollout expected in late Q4. If it goes smoothly, it could prove Pi’s technology is on track. But any delays might increase negative sentiment. For now, the community is waiting for real, useful improvements to justify their patience.
What is the latest news about PI?
Pi Network is going through technical updates and some community concerns as its token hits new lows. Here’s what you need to know:
- New All-Time Low (October 10, 2025) – PI dropped to $0.22, down 92% from its peak, amid token unlocks and criticism of leadership.
- Protocol v23 Upgrade (October 9, 2025) – Testing a major upgrade focused on scalability, aiming for a launch between late 2025 and early 2026.
- Golden Pocket Support (October 10, 2025) – Technical indicators suggest a possible bounce at the $0.22 level despite current downward pressure.
In-Depth Look
1. New All-Time Low (October 10, 2025)
What happened:
On October 10, PI’s price fell to $0.22, a 92% drop from its high of $3 in February 2025. This decline comes as about 120 million PI tokens are set to unlock in the next month, increasing the supply available for sale. Many in the community are frustrated with slow progress on real-world uses for PI and have criticized co-founder Nicolas Kokkalis for not being transparent enough.
Why it matters:
This is a negative sign for PI in the short term because the unlocked tokens might lead to more selling. However, some holders are moving their tokens off exchanges into personal wallets, which could reduce sudden price drops caused by quick sell-offs. (Cryptopotato)
2. Protocol v23 Upgrade (October 9, 2025)
What happened:
Pi Network is testing its Protocol v23 upgrade on a test network. This update uses Stellar Core v23.0.1 to improve how the network handles more transactions and makes it faster. It also introduces a Rust software development kit (SDK) for building smart contracts and a decentralized exchange (DEX) on the testnet.
Why it matters:
This upgrade could be good news in the long run because better technology might attract more developers and users. But since the team has been cautious with updates, delays are possible. For now, the upgrade hasn’t caused much change in PI’s price, which is around $0.23. (Coinspeaker)
3. Golden Pocket Support (October 10, 2025)
What happened:
PI’s price found some support at $0.22, which matches a key technical level called the 0.618 Fibonacci retracement or “Golden Pocket.” This level often acts as a strong support point. On the 4-hour price chart, a bullish engulfing candle pattern appeared, suggesting a possible price rebound if buying picks up.
Why it matters:
This could mean a short-term bounce, with potential to rise to $0.26–$0.30 if the support holds. However, other technical indicators like RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are still weak, so more buying pressure is needed to confirm a real trend change. (Crypto.news)
Conclusion
Pi Network is at a critical point. The success of the Protocol v23 upgrade and how the team manages upcoming token unlocks will be key to stabilizing the project. But ongoing community doubts and low liquidity remain challenges. Watch how exchange balances change and keep an eye on upgrade progress to understand where PI might be headed next.