Stellar’s Protocol 23 Upgrade Could Boost PI Network’s Valuation Through Smart Contract Integration

PI Network's native token, PI, may benefit from Stellar's upcoming Protocol 23 upgrade, which introduces smart contract capabilities via Soroban. The shared infrastructure between the two blockchains could enhance PI's utility and market appeal, according to community expert Dr. Altcoin.

Despite recent challenges—PI dropped to $0.3405 amid broader crypto market gains—the network's strategic investment in AI startup OpenMind signals long-term ambitions. This aligns with Pi Core Team's vision of mass crypto adoption, though token performance lags behind ecosystem developments.

Market analysts highlight the paradox: PI Network continues forging partnerships and strengthening technical foundations while its token faces declining investor interest. The stellar upgrade could bridge this gap by attracting developers to PI's ecosystem.