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Pi Network Schedules Protocol v25 Upgrade After 27% Pi Price Drop


Pi Network Schedules Protocol v25 Upgrade After 27% Pi Price Drop

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Pi Network confirmed Protocol v25 will launch on July 22, introducing privacy-preserving smart contracts using BN254 and Poseidon hashing, network stability improvements and a mining app redesign to boost developer adoption and user experience across its 60 million Pioneers. Despite these protocol updates that could aid crypto adoption and DeFi/privacy use cases, Pi Coin has plunged more than 27% in the past week to around $0.07 and faces selling pressure from roughly 775.8 million tokens scheduled to unlock between July and December 2026, making a sustained price recovery unlikely.

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After six weeks of silence, the Pi Network Team has finally confirmed the launch of Protocol v25 on July 22. The update introduces new privacy tools and network improvements. This came at a time when Pi Coin continues to struggle after falling more than 27% in just one week.

So, what’s in the Protocol v25 Upgrade?

What’s New in Pi Network Protocol v25?

The Pi Core Team said Protocol v25 is one of the biggest network upgrades this year. Its main goal is to make the Pi blockchain more stable, reliable, and ready for future applications.

The team has also asked all Node operators to upgrade to v25 to stay connected to the network.

One of the biggest changes is support for privacy-preserving smart contracts. These allow developers to build apps where users can verify information without sharing personal details.

For example, a user could prove their identity or eligibility without uploading sensitive documents. This is made possible through two new technologies, BN254 cryptography and Poseidon hashing, which make zero-knowledge applications much easier to build.

Before Protocol v25, creating these privacy-focused applications on Pi Network was much more difficult. 

At last, the Pi core team also said that another upgrade, Protocol v26, is also expected later.

Pi Mining App Gets a New Look

Alongside the protocol upgrade, Pi Network has also started refreshing its mining app.

The latest update introduces a redesigned side menu and profile page, making important features such as the Mainnet Checklist, mining information, and Pi Apps easier to access.

The app also now supports Dark Mode, one of the most requested features from the community.

According to the Core Team, this is only the first step in improving the experience for more than 60 million Pioneers, with more updates planned in future versions.

Can Protocol v25 Help Pi Price Recover?

Although Protocol v25 is an important technical upgrade, many investors are wondering if it can help Pi Coin recover. 

The update is expected to improve the Pi Network ecosystem and make it easier for developers to build new apps, which could increase network activity. However, it is unlikely to have a major impact on Pi’s price in the long term. A short-term price jump is possible, but a sustained rally remains difficult.

The biggest reason is the growing token supply. According to PiScan data, more than 775.8 million Pi is scheduled to unlock between July and December 2026, adding more selling pressure to the market. 

As of now, Pi Coin has fallen more than 27% over the past week, including another 10% drop today, with the price trading near $0.07.

Read the article at Coinpedia

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