Pi Network Price Extends Gains Ahead of Mainnet Upgrade

The Pi Network has seen its price extend gains to reach above $0.090 on Wednesday, maintaining a mild constructive tone so far this week. A potential mainnet rollout of the v27 protocol upgrade is hinted at by Pi Block Explorer data.

The new Protocol v27 upgrade will introduce more flexible and secure smart-contract authentication once it's deployed on the mainnet. This upgrade was recently completed for the final testnet step, making it ready for deployment. Meanwhile, the Pi Testnet has begun operating on Protocol v28, testing a higher-version environment than Mainnet.

The protocol upgrade could have a positive impact on retail sentiment, potentially improving recovery odds as capital rotates into altcoins across the broader cryptocurrency market.