Pi Network recently completed a major upgrade to its mainnet protocol v23, integrating Stellar Core v23.0.1 to enhance network security, scalability, and smart contract functionality, aiming to build a more robust community-driven digital economy infrastructure for over 15.3 million "pioneer" users who have migrated to the mainnet.
Meanwhile, the core project team released an official timeline review from 2019 to 2025, outlining the gradual development path from mobile mining experiments to the open mainnet launch. However, at the market level, its native asset Pi Coin is currently trading around $0.20, down more than 93% from its all-time high, and faces potential selling pressure from the approximately 134 million tokens unlocking in January 2026. Short-term price forecasts vary significantly, and the long-term value of Pi Coin will ultimately depend on its actual utility within the ecosystem and adoption by mainstream trading platforms.