Pi Network is pushing forward with its ninth mainnet protocol upgrade. The project requires all Mainnet node operators to install Protocol 26 by August 11th; otherwise, the nodes will be disconnected from the Pi mainnet. This version is also seen as a preparatory step before Protocol 27, the final planned upgrade in the current roadmap.
Complete node update before August 11th
This upgrade only applies to mainnet node operators; regular mobile users do not need to perform any actions. According to the project team, Protocol 26 is primarily used to prepare for the next phase of upgrades and to continue adjusting the mainnet operating environment.
Judging from the pace, Pi Network is focusing on underlying network maintenance rather than rolling out new features to ordinary users. Whether nodes complete upgrades on time will also affect the speed of subsequent version transitions.
Disclosure of SLICE liquidity test data
Pi Network also updated the progress of the SLICE test as part of its DeFi ecosystem. The project team stated that 242,000 participants have received a total of 10 million SLICE test tokens, and 15.92 million Test Pi have been invested in this launch test.
The SLICE test combines an Automated Market Maker (AMM) with the Pi DEX order book, and the trading price is determined by the assets in the liquidity pool. The current test pool consists of SLICE and Test Pi, primarily used to simulate liquidity supply, automated price discovery, and decentralized trading processes.
PI token rose 4.11% in the last 24 hours.
In the market, PI rose 4.11% in the past 24 hours to $0.0825, while Bitcoin declined slightly during the same period. The original text mentioned that this surge was not accompanied by any single major announcement, but rather appeared to be a short-term fluctuation driven by increased buying pressure and trading activity.
- $0.078 is considered a short-term support level.
- $0.085 is the near-term resistance level.
- If the price falls below $0.078, it may retrace to the $0.075 area.
Overall, Pi Network's recent public updates have primarily focused on two areas: mainnet upgrades and DeFi testing. With the August 11th node upgrade deadline approaching, the market will now be watching the network upgrade's progress and whether PI can maintain its recent rebound momentum.
