What is expected in the development of PI?

Pi Network is making progress with these key milestones:

1. Mainnet Ecosystem Growth (2025) – Expanding use cases by integrating decentralized apps (dApps) and adding staking features.
2. AI-Powered App Studio Upgrades (2026) – Enhancing no-code tools to make building decentralized apps easier for everyone.
3. Global Exchange Listings (TBD) – Working toward meeting regulations to get listed on major cryptocurrency exchanges.

In-Depth Look

1. Mainnet Ecosystem Growth (2025)

Overview: Pi Network is focusing on growing its ecosystem with features like Ecosystem Directory Staking, which allows users to stake their PI tokens to help promote dApps within the network. By June 2025, over 13 million users have moved to the Mainnet, and improvements to the system have helped more than 500,000 users complete identity verification smoothly (Pi2Day 2025 Update).

What this means: This is a positive sign for PI’s usefulness, as staking encourages better apps and more user participation. However, if fewer users continue migrating, it could limit liquidity and slow growth.

2. AI-Powered App Studio Upgrades (2026)

Overview: The Pi App Studio, launched in June 2025, is designed to make app development accessible by using AI and no-code tools. Future plans include adding features like support for multiple blockchains. A $100 million fund has been set up to support developers building on the platform (Pi Network Blog).

What this means: This could speed up the growth of the Pi ecosystem by making it easier for creators to build apps. On the downside, there’s a risk of too many low-quality apps flooding the platform.

3. Global Exchange Listings (TBD)

Overview: Currently, PI is traded on smaller exchanges like Gate.io, but the Pi Network team has not announced when it might be listed on major exchanges such as Binance. This depends on meeting regulatory requirements and showing the network is sustainable (Latest Updates).

What this means: Getting listed on big exchanges would improve how easily PI can be bought and sold, and help establish a fair market price. However, this depends on addressing concerns about centralization and regulatory approval.

Conclusion

Pi Network’s roadmap emphasizes increasing utility through staking, AI-powered development tools, and scaling the ecosystem. However, gaining access to major exchanges remains a crucial step. As the community calls for more transparency, it will be important to see if future updates support the network’s goal of long-term decentralization.

What updates are there in the PI code base?

Pi Network is making important updates to its technology, focusing on improving its system, adding support for Linux, and boosting security.

1. Protocol v23 Integration (September 2025) – Moving to a new version based on Stellar technology that includes decentralized identity verification (KYC).
2. Linux Node Launch (August 28, 2025) – Official support for running Pi nodes on Linux computers.
3. Testnet Upgrades to v22 (September 12, 2025) – New tools for developers to test features before they go live on the main network.

In-Depth Look

1. Protocol v23 Integration (September 2025)

What’s happening: Pi Network is upgrading its system from version 19 to version 23, which uses Stellar Core v23 technology. This upgrade adds built-in identity checks (KYC) that are managed by the community, helping to meet regulatory requirements. It also prepares the network to support decentralized applications (dApps), which are apps that run on the blockchain.

Why it matters: This is a positive step for Pi because community-driven identity verification could encourage more users to join the main network and attract partners who require compliance with regulations. However, there might be some short-term technical issues as the network adjusts. (Source)

2. Linux Node Launch (August 28, 2025)

What’s happening: Pi Network has released official software that allows nodes (computers that help run the network) to operate on Linux, a popular operating system especially among developers and businesses.

Why it matters: This update makes it easier for more people and organizations to participate in securing the Pi network. While it doesn’t directly increase the value of Pi tokens, it helps make the network more decentralized and encourages developer involvement. (Source)

3. Testnet Upgrades to v22 (September 12, 2025)

What’s happening: The Testnet (a testing version of the network) has been upgraded to version 22. It now includes tools for decentralized exchanges (DEX) and allows developers to create test tokens.

Why it matters: These new features let developers try out things like token swaps and liquidity pools in a safe environment before launching on the main network. This is good news for Pi because it could lead to more innovative apps being built. However, since these features are still in testing, the full benefits will take time to appear. (Source)

Conclusion

Pi Network is steadily improving its technology to support more advanced features and meet regulatory standards. With the upcoming Protocol v23 enabling smart contracts and Linux support expanding participation, the key question is whether these developments will help increase developer activity and solve ongoing challenges with liquidity and adoption.

Why did the price of PI go up?

Pi Network’s price increased by 10.05% in the last 24 hours, outperforming the overall crypto market, which dropped by 2.67%. The main reasons behind this rise are:

1. Mainnet Speculation – False rumors about Pi Network launching its open mainnet sparked buying interest.
2. Technical Breakout – The price broke through a key resistance level at $0.28, supported by positive chart signals.
3. ISO 20022 Adoption – Joining a global financial messaging standard improved Pi’s credibility with institutions.

Deep Dive

1. Mainnet Speculation (Mixed Impact)

Overview:
Social media spread false claims that Pi Network launched its open mainnet on October 29. However, developers confirmed the network is still on Testnet version 19. Despite this, the rumors caused trading volume to jump 128% to $112 million (Coinspeaker).

What this means:
The price surge shows strong demand for Pi’s long-awaited mainnet launch. But since the rally was driven by misinformation, the price could fall back. Also, with 1.27 billion tokens scheduled to unlock in 2025, long-term price gains depend on real-world use cases.

What to watch:
The upcoming Testnet2 version 23 upgrade planned for the fourth quarter of 2025, which will add smart contracts and improve governance features.

2. Technical Breakout (Bullish Impact)

Overview:
Pi’s price broke out of a downward wedge pattern, climbing from $0.19 to $0.28. Key technical indicators include:

• RSI (14): 60.81 – Neutral but trending upward, indicating growing buying interest.
• MACD: Bullish crossover with a positive histogram value of +0.00845, signaling upward momentum.
• Fibonacci retracement points to the next resistance level at $0.328 (127.2% extension).

What this means:
Technical traders see positive momentum, but the 200-day exponential moving average (EMA) at $0.537 remains a longer-term target. The 24-hour volume-to-market-cap ratio of 4.66% suggests moderate liquidity risk.

3. ISO 20022 Integration (Bullish Impact)

Overview:
Pi’s inclusion in the ISO 20022 group, alongside coins like XRP and Stellar, positions it for better compatibility with traditional banking systems. This fits with Pi’s planned Protocol 23 upgrade in Q4 2025, which aims to support decentralized finance (DeFi) features (TokenPost).

What this means:
Being part of this global financial standard could attract long-term investors from traditional finance. However, Pi still faces challenges such as not being listed on major exchanges like Binance and having inflationary tokenomics.

Conclusion

Pi Network’s recent price increase is driven by a mix of speculative hype, positive technical signals, and strategic moves toward mainstream financial integration. While joining ISO 20022 adds credibility, the token remains risky due to upcoming token unlocks and unproven real-world use.

Key point to watch: Will Pi hold above $0.28 after the Federal Reserve’s rate decision, or will investors take profits and push the price down? Keep an eye on Pi Blockexplorer for updates on the Testnet v23 upgrade.

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What could affect the price of PI?

Pi’s future depends on technical improvements, changes in token supply, and overall market mood.

1. Mainnet Launch (Mixed Impact)
   The Open Network is expected in early 2025, with a Testnet v23 upgrade planned later that year, which could increase Pi’s usefulness.

2. Token Supply Risks (Bearish)
   Over 1.27 billion PI tokens will become available in the next year, which might put downward pressure on the price.

3. Regulatory Compliance (Bullish)
   Pi’s adoption of ISO 20022 standards may attract interest from banks and institutions, helping its long-term growth.

Deep Dive

1. Mainnet Progress & Protocol v23 (Mixed Impact)

Overview:
Pi aims to launch its Open Network in the first quarter of 2025. The Testnet v23 upgrade, expected in late 2025, will introduce new features like smart contracts based on Stellar technology, decentralized finance (DeFi) tools, and better network infrastructure. However, delays in verifying over 3 million users through KYC (Know Your Customer) processes and rumors about the mainnet have caused price fluctuations.

What this means:
If Pi meets its development goals, it could prove its value and boost confidence. But ongoing delays might hurt trust and cause short-term price swings until there’s more clarity (Pi Core Team).

2. Token Unlocks & Inflation (Bearish Impact)

Overview:
More than 1.27 billion PI tokens will be unlocked over the next year, adding to the current supply of 8.29 billion tokens in circulation. Past unlocks led to a sharp 36% price drop in July 2025. Additionally, exchanges now hold over 400 million PI tokens, indicating potential selling pressure.

What this means:
When more tokens become available without matching demand, prices tend to fall. PI’s price is still about 90% below its peak of $2.98 in February 2025. Further token unlocks could delay any price recovery (Crypto.News).

3. ISO 20022 & Banking Integration (Bullish Impact)

Overview:
Pi has adopted the ISO 20022 messaging standard, which is used by banks and financial institutions worldwide. This puts Pi alongside coins like XRP and XLM that support easier cross-border payments. Over 3.36 million users completed KYC in the third quarter of 2025, improving Pi’s compliance with regulations.

What this means:
Being compatible with traditional banking systems could increase demand for PI from institutional users. However, trading volume remains relatively low ($112 million daily compared to a $2.3 billion market cap), which could limit short-term price gains (Coingape).

Conclusion

Pi’s price is likely to move between optimism about new features and concerns over increasing token supply. The Federal Reserve’s interest rate decision on October 29 adds uncertainty; a 25 basis point cut might cause “sell the news” reactions. Watch the $0.28 resistance level—breaking above it could signal strong buying interest, while failing to do so might lead to a retest of support around $0.20.

Key question: Will the v23 upgrade provide real benefits before the next wave of token unlocks puts more selling pressure on the market?

What are people saying about PI?

The Pi Network community is divided between excitement about potential gains and concerns about upcoming token unlocks. Here’s what’s currently making waves:

1. Mainnet rumors sparked a 22% price jump in one day
2. Federal Reserve interest rate decision could trigger a sell-off
3. Technical indicators show a breakout but warn of overbought conditions

In-Depth Look

1. @johnmorganFL: Mainnet Hype vs. Reality (Mixed)

"PI surged 22% on rumors about Testnet v23 – but developers confirm the mainnet isn’t live yet. Is this just wishful thinking?"
– @johnmorganFL (35.3K followers · 210K impressions · 2025-10-29 13:17 UTC)
See original post

What this means: The community is split. Optimism is high because of expected upgrades to the Testnet2 v23, which includes smart contracts and decentralized finance (DeFi) features. However, the official mainnet launch is still delayed, which tempers enthusiasm.

2. @cryptotimes: Fed Rate Cut Concerns (Bearish)

"PI’s 30% weekly gain is at risk due to 1.27 billion tokens unlocking and the Fed’s upcoming decision – a perfect storm."
– @cryptotimes (Data: 2025-10-29 11:05 UTC)
Read full analysis

What this means: There’s bearish pressure ahead. Over $350 million worth of tokens are scheduled to unlock through 2026, increasing supply. The Federal Reserve’s expected interest rate cut today could prompt investors to take profits. Technical indicators like the Relative Strength Index (RSI) at 70 and Stochastic at 86 suggest PI might be overbought, increasing the risk of a price drop.

3. @PiBarterMall: Community Optimism on ISO 20022 Integration (Bullish)

"ISO 20022 integration is complete – PI now follows the same banking messaging standards as XRP and XLM!"
– Community post (2025-10-29 08:36 UTC)
More details here

What this means: This is a positive development. ISO 20022 is a global standard for financial messaging used by major banks and payment networks like SWIFT and JPMorgan. PI aligning with this standard could make it easier for institutions to adopt the network. After the news, PI’s price jumped 15% to $0.28.

Conclusion

The outlook for $PI is mixed. On one hand, technical momentum from a falling wedge breakout suggests potential gains. On the other, macroeconomic risks like the Fed’s decision and inflationary token unlocks weigh heavily. The ISO 20022 integration and progress in user verification (3.36 million verified users) point to long-term promise. For now, watch how the 4-hour candle closes around $0.275—holding above this level could signal a move toward $0.32.

What is the latest news about PI?

Pi Network is gaining attention amid technical progress and concerns about Federal Reserve moves. Here are the key updates:

1. Fed Rate Cut Concerns (October 29, 2025) – Despite recent gains, there’s a risk of price drops after the Fed’s rate cut announcement.
2. Mainnet Launch Rumors Clarified (October 29, 2025) – False reports caused a 22% price jump, but the network is still on Testnet v23 development.
3. ISO 20022 Banking Standard Adoption (October 29, 2025) – Pi’s integration with this global banking messaging standard improves its potential for real-world use.

In-Depth Look

1. Fed Rate Cut Concerns (October 29, 2025)

Summary:
Pi’s price jumped 36% in a week, reaching $0.28, ahead of the Federal Reserve’s expected 0.25% interest rate cut. However, experts warn that the price might drop afterward—a pattern known as “sell the news.” Pi’s technical indicators show it may be overbought, and a large number of tokens (1.27 billion PI) are set to unlock within the next year, which could increase selling pressure. Additionally, Pi isn’t listed on major exchanges yet and has limited real-world use, which adds to the risk.

What this means for you:
This situation is somewhat cautious to negative for Pi. While rate cuts usually help riskier assets like cryptocurrencies, Pi’s relatively low trading volume (about $107 million daily) compared to its market value ($2.29 billion) and its inflationary token model could lead to bigger price swings. Watch if Pi can stay above $0.23 after the Fed’s announcement. (Crypto.News)

2. Mainnet Launch Rumors Clarified (October 29, 2025)

Summary:
Pi’s price jumped 22% due to rumors that its mainnet (the fully operational blockchain) had launched. However, developers confirmed the network is still running on Testnet version 19. The excitement is really about the upcoming Testnet2 v23 update, expected by the end of 2025, which will introduce smart contracts compatible with Stellar’s Soroban platform and enable decentralized finance (DeFi) features.

What this means for you:
This is cautiously positive news. Even though the mainnet launch rumors were false, the upcoming v23 update aligns Pi with popular blockchain standards, which could increase its usefulness. If trading volume stays strong (currently $112 million, up 128% in 24 hours), Pi’s recent price gains might hold. (Yahoo Finance)

3. ISO 20022 Banking Standard Adoption (October 29, 2025)

Summary:
Pi Network has adopted the ISO 20022 financial messaging standard, which is also used by Ripple (XRP) and Stellar (XLM). This standard helps improve compatibility for cross-border payments and boosts credibility with banks and regulators. In October, over 3.36 million Pi users completed identity verification (KYC), which helps smooth the path for wider adoption.

What this means for you:
This is a positive long-term development. Following ISO 20022 standards makes Pi more attractive to banks and regulators, increasing its chances of becoming a widely accepted payment network. Along with the scalability improvements in Protocol 23, Pi is positioning itself as a serious player in blockchain-based payments. (Coingape)

Conclusion

Pi Network is making important technical advances while facing challenges from broader economic factors. The upcoming v23 smart contracts and ISO 20022 adoption could help offset risks from Federal Reserve actions and token unlocks. The big question remains: will Protocol 23’s rollout by December 2025 help Pi move from being mostly speculative to a useful blockchain platform?