Pi Network price stuck below $0.10 as Protocol 27 testnet upgrade rolls out
Covered by 2 sources · 2 articles
Pi Network's development team has rolled out Protocol 27 on its Testnet, introducing infrastructure for advanced smart contract authentication capabilities. A mainnet deployment of the upgrade is scheduled for mid-September. The upgrade represents a step toward expanding the network's technical functionality, though it arrives as PI trades below the $0.10 resistance level, where the token has encountered selling pressure.
The testnet phase allows developers to validate the protocol changes before the broader network migration. This staged approach is typical for blockchain infrastructure updates, giving the team time to identify issues before mainnet activation.
- Protocol 27 testnet is live; mainnet upgrade targeted for September 15, focusing on smart contract authentication enhancements.
- PI token remains below $0.10 resistance despite the technical development milestone.
- Testnet phase precedes mainnet rollout, allowing validation before full network deployment.
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Pi consolidates below $0.10 as Protocol 27 mainnet upgrade approaches
Key takeaways The Pi Core Team introduced Protocol 27 on the Pi Testnet, enabling preparations for advanced smart contract authentication. A mainnet upgrade to Protocol 27 is scheduled for September 15. PI faces resistance at $0.1022, with…
Pi Network price stuck below $0.10 as Protocol 27 testnet upgrade rolls out
BitcoinWorld Pi Network price stuck below $0.10 as Protocol 27 testnet upgrade rolls out Pi Network’s native token, PI, is trading below the $0.10 mark as the project’s Testnet undergoes a significant upgrade to Protocol 27, a development t…