Pi Network Development: Protocol 23 and Q4 2025 Outlook

Analyzing the progress of Pi Network's Protocol 23 upgrade, potential impact on Pi Coin, and what to expect in Q4 2025.

Pi Network is gearing up for some significant changes! The big buzz centers around Protocol 23 and what it means for the future of Pi. Let's dive into what's happening and what you can expect in Q4 2025.

Protocol 23: What's the Deal?

The Pi Network community is buzzing about the Protocol 23 upgrade. Currently undergoing active testing on the testnet, this upgrade, based on Stellar Core v23.0.1, promises enhanced scalability and transaction efficiency. Think of it as a major tune-up for the Pi Network blockchain, designed to make things run smoother and faster.

According to Pi community expert Dr. Altcoin, the Pi Core Team is taking a meticulous approach, prioritizing precision over speed. The mainnet rollout is anticipated between late Q4 2025 and early Q1 2026. So, patience, Pioneers!

DeFi Features on the Horizon

Protocol 23 isn't just about speed; it's also about expanding functionality. The upgrade will introduce Decentralized Finance (DeFi) features, including a Decentralized Exchange (DEX) and an Automated Market Maker (AMM). This means users will be able to trade tokens and participate in liquidity pools within the Pi Network ecosystem. It's like adding a whole new set of tools to the Pi Network toolbox.

Rust SDK: Empowering Developers

To further boost the Pi Network, the team is also working on a Rust Software Development Kit (SDK). This SDK, modeled after Stellar's Soroban Rust SDK, will provide developers with the tools, libraries, and a command-line interface (CLI) to build, test, and deploy smart contracts more efficiently. More developers mean more apps and utilities for Pi – a win-win!

Pi Coin's Price: A Rocky Road

Pi Coin (PI) has been on a bit of a rollercoaster. Trading sideways for months and down 32% in the past month, it's currently testing support around $0.2368. The upcoming upgrade is hoped to be a catalyst for price recovery. The RSI is also indicating that the cryptocurrency is in oversold territory, which could lead to a short-term rebound.

Analysts like Dr. Altcoin suggest that the Pi Core Team consider token buybacks or coin burns to stabilize the coin’s value and restore investor confidence. It's like giving the coin a little boost to help it get back on its feet.

Potential Recovery Signs

Despite the challenges, there are glimmers of hope. A smaller token unlock is expected, which could reduce selling pressure. Also, a significant number of Pi tokens have been moved off exchanges into self-custody wallets, suggesting long-term confidence from some holders.

Looking Ahead

Q4 2025 could be a turning point for Pi Network. If Protocol 23 delivers on its promises, it could inject new life into the ecosystem and potentially spark a price rebound for Pi Coin. However, it's crucial to watch for the Pi Core Team's actions regarding tokenomics and liquidity. If they can address these issues, the future looks brighter.

Final Thoughts

Pi Network's journey is one to watch. With Protocol 23 on the horizon and potential DeFi features in the works, Q4 2025 is shaping up to be an exciting period. Whether you're a long-time Pioneer or just curious about the project, keep an eye on these developments. It's gonna be a wild ride!