Pi Coin’s value has struggled despite positive developments in the Pi Network ecosystem.
As Pi Coin struggles to cope with the positive trend recorded in the broader crypto market, a renowned Pi community expert has shared key developments for Pi Network. Notably, Pi Coin price has dropped to as low as $0.3405 over the weekend, indicating a waning investors’ interest.
However, despite the gloomy momentum, an expert has cited the upcoming launch of Stellar’s Protocol 23 upgrade and explained how it may benefit Pi Network. In addition, he has also highlighted the latest investment by Pi Core Team in the robotics and AI startup, OpenMind.
Renowned Pi community expert Dr Altcoin has recently highlighted key developments that may benefit the Pi Network. In a recent X post, the expert has lauded the upcoming launch of Stellar’s Protocol 23 upgrade.
He noted that this upgrade is likely to improve the Pi Network’s appeal among traders, given its shared infrastructure with Stellar. So, let’s understand what this Protocol 23 upgrade is.
The Stellar’s Protocol 23 upgrade is expected to introduce smart contracts via Soroban for faster and cheaper transactions, and scalable parallel processing. Notably, the upgrade is set to be voted on for mainnet implementation on September 3, 2025.
According to Dr Altcoin, these upgrades will directly strengthen Pi Network’s foundation. He noted that these upgrades might make Pi faster, more efficient, and better equipped for full Web3 integration.
The expert said that as Pi Network’s Node software is built on Stellar Core, the Protocol 23 upgrade will have a direct impact on its infrastructure. This will enable Pi Network to unlock full Web3 integration, allowing decentralized applications (dApps) built with the AI App Studio to run on a truly decentralized network.
On the other hand, it would allow pioneers to register their .pi domains and seamlessly bring their apps into the Web3 world. It’s worth noting that the connection between Pi and Stellar runs deep.
For context, the former project relies on Stellar’s infrastructure for major blockchain updates. The Stellar Consensus Protocol (SCP), designed by Professor David Mazieres, underpins the secure and scalable consensus mechanism that Pi Network uses today.
This shared foundation could be a key factor in PI’s ability to provide inclusive, compliant, and accessible crypto adoption to millions of users.
Pi Network has also stolen the limelight with its recent investment in the AI sector through OpenMind. OpenMind is a firm that aims to become the Android operating system of humanoid robots.
Dr Altcoin believes that this move could be a game-changer for the Pi Coin’s value. According to him, this move aligns perfectly with Pi Network’s long-term vision of becoming a global, peer-to-peer asset.
With the global shift towards AI, Web3, and crypto-based transactions, Pi Network’s investment in OpenMind positions it for potential growth. Dr Altcoin expects autonomous services like Tesla taxi robots and AI-powered medical solutions to rely on Web3 and decentralized crypto payments. Having said that, he believes that the investment could be a boon for Pi Network.
Despite the positive developments, Pi Coin value has struggled to maintain a positive momentum. During writing, Pi price was down around 0.5% to $0.3519, and its one-day volume plunged 20% to $44 million.
The crypto has retreated nearly 20% over the last seven days, while losing around 22% in the monthly chart. However, the experts have recently cited key reasons behind the dip, while offering a bullish outlook on a potential recovery ahead.
In addition, the market pundits have also cited the recent pullback as an opportunity for traders to enter the market at a lower price. Besides, a recent Coin Republic report also highlighted key reasons that boost Pi Network’s appeal among traders.
However, despite that, investors should tread cautiously, given the volatile scenario in the market. The ongoing macroeconomic woes and geopolitical tensions might impact the broader crypto market ahead, let alone Pi Coin value.
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