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Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia today, September 15, 2025, was recorded at around Rp5,811 per coin (equivalent to $0.3548). This price movement comes amid great attention to the latest developments of the Pi network, which has just reached the v23 testnet upgrade.
This upgrade is an important milestone in Pi Network’s journey towards the long-awaited mainnet launch by its community. For crypto users and enthusiasts, this news is not just a technical update, but also a signal that the project is getting closer to becoming a fully functional cryptocurrency ecosystem.
The Pi Network (PI) price chart on September 15, 2025 shows a downward trend in the last 24 hours. At the beginning of the period, the PI price was hovering around $0.37, but considerable selling pressure drove the price down sharply to a low around $0.35. A few green candlesticks appeared in the middle of the session, signaling a rebound attempt from buyers, but the buying impulse was not strong enough to reverse the market direction.
On the left-hand side, the data shows that PI’s market capitalization stands at around $2.87 billion, with daily trading volume reaching $41.87 million, down more than 25% compared to the previous day. The outstanding supply was recorded at around 8.09 billion PI out of a maximum total of 100 billion PI.
Meanwhile, the community sentiment on the right side of the screen is still quite optimistic, with 88% of the votes showing a bullish stance despite the price correction. Community activity and discussions on the platform also remain lively, indicating that many market participants are still following the development of the PI ecosystem despite the short-term price pressure.
Read also: Bitcoin vs Ethereum: Which Crypto Treasury Strategy Excels in 2025?
Pi Network (PI), one of the most anticipated cryptocurrency projects, is making waves again. The network has officially achieved the v23 testnet protocol upgrade, which is being called an important milestone towards the mainnet launch. With the current price of PI around IDR 5,811 (equivalent to $0.3548), the community sees this step as a clear proof of the progress of the infrastructure that the development team is building. The momentum also revived the enthusiasm of users who have been mining PI tokens since the initial phase.
Pi Network began a series of updates since version 19, with the aim of refining its technical foundations before launching the main network. The previous version 22 introduced improvements to the blockchain API and core components of the system, setting the stage for a big step up to v23.
Now, Testnet 1 has been officially updated to v23, signaling the team’s readiness to enter the next phase. Testnet2 is expected to follow in a few days before the full transition to mainnet.
This upgrade also confirms Pi Network’s commitment to building a stable and secure crypto ecosystem. With a maximum supply of 100 billion PIs, the success of this upgrade reinforces confidence that the project is moving from the pilot stage towards wider adoption.
The community’s enthusiasm was evident on various social platforms, with many users mentioning v23 as a signal that Pi Network is ready to bring real utility.
Also read: Who is the Biggest XRP Owner in 2025?
The move to the v23 protocol means that the testnet environment now meets the technical standards required for a secure and reliable mainnet launch. Such updates typically include improvements to consensus algorithms, transaction handling, as well as compatibility between network layers.
With these upgrades, Pi Network ensures that its infrastructure is able to cope with real-world user demand.
For users, the immediate changes may not feel significant. However, for developers and validators, v23 provides an opportunity to test important functions before the main network is released.
This helps identify potential issues early so that the block chain can be maximally strengthened ahead of the full launch. The success of this stage is also an important foundation for expanding the adoption of Pi cryptocurrency globally.
That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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The trading of crypto assets is carried out by PT Pintu Kemana Saja, a licensed and regulated Digital Financial Asset Trader supervised by the Financial Services Authority (OJK), and a member of PT Central Finansial X (CFX) and PT Kliring Komoditi Indonesia (KKI). The trading of crypto asset futures contracts is carried out by PT Porto Komoditi Berjangka, a licensed and regulated Futures Broker supervised by Bappebti, and a member of CFX and KKI. Crypto asset trading is a high-risk activity. PT Pintu Kemana Saja and PT Porto Komoditi Berjangka do not provide any investment and/or crypto asset product recommendations. Users are responsible for thoroughly understanding all aspects related to crypto asset trading (including associated risks) and the use of the application. All decisions related to crypto asset and/or crypto asset futures contract trading are made independently by the user.
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