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Stellar (XLM) Protocol 23 Upgrade Could Be the Lifeline for an Ailing Pi Coin (PI)


Stellar (XLM) Protocol 23 Upgrade Could Be the Lifeline for an Ailing Pi Coin (PI)

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  • Pi Coin is attempting a breakout from a bullish falling wedge after hitting a new all-time low.
  • Market expert Dr Altcoin suggests Pi could skip intermediate upgrades and jump directly to Protocol 23.
  • If Pi breaks above $0.368 resistance, a short-term rally to $0.40–$0.42 may follow.

Pi Coin has been reeling under intense selling pressure over the past few weeks, with the price plunging to a new all-time low of $0.335 in the last 24 hours.

However, despite the grim short-term outlook, market observers remain cautiously optimistic, especially in light of a possible major upgrade tied to Stellar’s upcoming protocol leap.

Stellar’s “Leapfrog” Upgrade to Revive Pi Coin

Unlike Proof of Work networks like Bitcoin or Ethereum, the Pi Network uses a consensus algorithm based on the Stellar Consensus Protocol (SCP). In the SCP, nodes form trusted gro…

The post Stellar (XLM) Protocol 23 Upgrade Could Be the Lifeline for an Ailing Pi Coin (PI) appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 63.85K

-0.45%

$ 1.79K

-0.20%

$ 0.188

-1.31%

$ 0.00718

-1.34%

$ 0.00...361


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In This News

Coins

$ 63.85K

-0.45%

$ 1.79K

-0.20%

$ 0.188

-1.31%

$ 0.00718

-1.34%

$ 0.00...361


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View analytics →
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