Crypto Week in Review: Pi, Arbitrum, Monad, Stable, and Stellar Updates
The final week of August is packed with significant developments in the crypto market. Between August 24 and August 27, several major updates are scheduled for Pi Network, Arbitrum, Monad, Stable, and Stellar.
Pi Network is changing its pricing structure for the Pi App Studio on August 24. Previously, creators could create or edit applications for just 0.25 Pi, with Pi Network covering much of the underlying AI costs. Now, under the new system, pricing will more closely reflect the actual cost of AI services.
This change may reduce low-quality applications and boost demand for Pi within the ecosystem. Arbitrum is also expanding into tokenized stocks on August 24, giving users access to blockchain-based versions of traditional equities.
On August 26, Phantom will end support for Monad. This move can create short-term pressure on MON sentiment, particularly because wallet accessibility plays an important role in user activity. However, it does not affect the underlying Monad network itself.
Stable is scheduled to roll out its v1.8.0 upgrade on August 26, bringing higher throughput and improvements to transaction processing, execution, and network infrastructure.
The upgrade will support Stable’s position in the growing stablecoin and RWA sector. Finally, Stellar is scheduled to hold a testnet vote for Protocol 28 on August 27. The upgrade focuses on improving Stellar’s smart-contract infrastructure and supports its longer-term push into payments, tokenization, and other blockchain applications.