Pi Network Price Awaits Protocol 27 Upgrade as Traders Eye $0.15 Target

The Pi Network price hovered around $0.095 during Saturday trading as traders prepared for the network's next infrastructure upgrade, Protocol 27. The protocol entered Testnet 1 on August 21 after reaching Mainnet with Protocol 26.

Protocol 27 is targeting a September 15 activation date and will bring improvements to smart contract authentication, RPC infrastructure, and automated market maker liquidity pools. This upgrade aims to give developers a firmer exchange, payment, and decentralized application foundations.

The Pi Network also introduced new features on September 4, including local application storage, staking data access, and native file-sharing tools.