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PI Token Hovers Near Historic Lows Despite Major Network Upgrade and TOKEN2049 Catalyst
PI Token Hovers Near Historic Lows Despite Major Network Upgrade and TOKEN2049 Catalyst
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network's protocol upgrade to version 22 aims to enhance blockchain APIs and core functionalities, yet its native token continues to trade NEAR all-time lows. The coin currently sits at $0.3558—registering a modest 2.9% weekly gain—amid declining daily volumes of just $32 million.
Developers position this upgrade as crucial infrastructure for Mainnet scalability, though planned service outages may cause temporary user disruptions. Market skepticism remains prevalent despite the team's participation plans for TOKEN2049 and promised sequential upgrades through version 23.
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