Pi Network Testnet Upgrade to Version 20 Sparks 3% PI Price Rise 

Pi Network (Pi).

Pi Network has upgraded its blockchain to version 20 on the testnet, pushing PI price up by about 3%. 

This update is the first step in a series of upgrades that will move toward version 23, keeping the community excited for the Mainnet launch.

Pi Network supporter Dr. Altcoin said the upgrade is an important milestone as it makes the blockchain stronger for future use. Each new version shows steady progress and keeps millions of users hopeful for wider adoption.

The project, which became popular for its mobile-first mining, is still running in a closed system. However, interest is growing, with a billion-dollar asset manager recently launching the first Pi Network ETP, showing stronger trust in its future.

Technical Progress and Community Anticipation

Dr. Altcoin said the upgrade to protocol version 20 is a major turning point in the blockchain’s development. With this step, Pi Network is better preparing for future Mainnet activity.

Millions of users around the world are excited about the update, and the new version has raised even more anticipation for wider adoption.

Pi Network gained global attention by introducing a mobile-first way of mining, attracting millions of “pioneers” worldwide. Even though it still runs in a closed system, the project keeps growing. Interestingly, a multi-billion-dollar asset manager has launched the first Pi Network ETP, showing rising institutional confidence in the token.

Pi Coin Price Movement and Domain Auction Expansion

i Coin’s price has moved up after the upgrade. TradingView data shows the token rose 2.46% in the past 24 hours, from $0.3452 to $0.3537. Over the last week, PI gained 2.70%. Still, it faces challenges, with a 10% drop in the past month and a steep 75.65% loss over six months. Since launch, however, Pi Coin has held on to a total gain of over 253%. These ups and downs show how strongly the wider crypto market affects new tokens like Pi.

Alongside the protocol upgrade, Pi Network has also launched a domain name auction that runs until September 30. This gives users a chance to secure unique Pi-powered digital names and services, adding more use cases to the ecosystem and motivating pioneers to build within the network.

The upgrade to version 20 highlights Pi Network’s steady technical progress and long-term focus. While the short-term price boost shows growing optimism, the bigger goal for the community remains the Mainnet launch and real-world use. With ongoing upgrades and new features like domain auctions, Pi Network is working to build both stronger technology and practical utility, even in a volatile crypto market.

About Author

Charles Kibue

About Author

Charles Kibue

Charles Kibue

Charles is a crypto journalist with years of hands-on experience in the blockchain world. He has a talent for turning complex crypto news into simple, clear stories. As a contributor to Coinnews and InsideBitcoins, Charles keeps readers up to date with accurate and easy-to-understand insights on the latest trends, tech, and market moves.
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