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Pi Coin is grabbing attention again after the rollout of Protocol v23 on its testnet, syncing up with Stellar Core v23.0.1. For Pi Network, this is a serious technical step forward, and while it’s still early, the market seems to be waking up to it.
Testnet 1 blockchain has been upgraded to protocol 22.
It will be followed by an upgrade to version 23 then mainnet version to 23.
KYC will be decentralized and be used by other companies. It will generate revenue to pi as it offers a wide range of verification, using a variety… pic.twitter.com/plvmIY0c9e
The upgrade was validated with block 20,824,824, and here’s the kicker — zero failed transactions. Each block can now support up to 1,000 transactions, which is a big leap in stability. Developers finally have a stronger framework to test dApps before they hit mainnet.
There’s also a new decentralized KYC system in the works. Instead of clunky centralized checks, it’s designed to tie into national IDs, which could make Pi more open to external projects. In short: it’s about building legitimacy, something Pi desperately needs if it wants to compete.
On the charts, Pi hasn’t exactly been exploding. Since May, it’s been stuck inside a descending channel. Right now, price is hovering around $0.3586, sitting near the midline. RSI is at 49.8 — neutral territory. The MACD is just barely positive, suggesting a reversal could be brewing if buyers actually show up.
A clean breakout from the channel could light a path toward $0.65, then $1.00, and even $1.67 if momentum carries. Some bullish calls go further, suggesting a move toward $4, which would be a 1000% rip from current levels. But if Pi can’t break resistance? $0.32 becomes the first stop, maybe even $0.18 — which would be ugly, a 50%+ drop.
Can Pi actually hit 100x and land somewhere near $36? Honestly, not anytime soon. With a $2.9B market cap, it’s already heavy, and those kinds of gains are almost unheard of unless mainstream adoption explodes.
Still, there’s a long-term case if — and it’s a big if — Protocol v23 makes it to mainnet smoothly, decentralized KYC gets traction, and more exchanges decide to list Pi. Then maybe, just maybe, Pi could climb way beyond today’s numbers. For now though, the dream is alive, but the road is long.
The post Pi Coin Price Prediction: Protocol v23 Goes Live – 100x Dream or Just Hype? first appeared on BlockNews.
Read More
Pi Coin is grabbing attention again after the rollout of Protocol v23 on its testnet, syncing up with Stellar Core v23.0.1. For Pi Network, this is a serious technical step forward, and while it’s still early, the market seems to be waking up to it.
Testnet 1 blockchain has been upgraded to protocol 22.
It will be followed by an upgrade to version 23 then mainnet version to 23.
KYC will be decentralized and be used by other companies. It will generate revenue to pi as it offers a wide range of verification, using a variety… pic.twitter.com/plvmIY0c9e
The upgrade was validated with block 20,824,824, and here’s the kicker — zero failed transactions. Each block can now support up to 1,000 transactions, which is a big leap in stability. Developers finally have a stronger framework to test dApps before they hit mainnet.
There’s also a new decentralized KYC system in the works. Instead of clunky centralized checks, it’s designed to tie into national IDs, which could make Pi more open to external projects. In short: it’s about building legitimacy, something Pi desperately needs if it wants to compete.
On the charts, Pi hasn’t exactly been exploding. Since May, it’s been stuck inside a descending channel. Right now, price is hovering around $0.3586, sitting near the midline. RSI is at 49.8 — neutral territory. The MACD is just barely positive, suggesting a reversal could be brewing if buyers actually show up.
A clean breakout from the channel could light a path toward $0.65, then $1.00, and even $1.67 if momentum carries. Some bullish calls go further, suggesting a move toward $4, which would be a 1000% rip from current levels. But if Pi can’t break resistance? $0.32 becomes the first stop, maybe even $0.18 — which would be ugly, a 50%+ drop.
Can Pi actually hit 100x and land somewhere near $36? Honestly, not anytime soon. With a $2.9B market cap, it’s already heavy, and those kinds of gains are almost unheard of unless mainstream adoption explodes.
Still, there’s a long-term case if — and it’s a big if — Protocol v23 makes it to mainnet smoothly, decentralized KYC gets traction, and more exchanges decide to list Pi. Then maybe, just maybe, Pi could climb way beyond today’s numbers. For now though, the dream is alive, but the road is long.
The post Pi Coin Price Prediction: Protocol v23 Goes Live – 100x Dream or Just Hype? first appeared on BlockNews.
Read More