Pi Network Price Soars Ahead of Protocol 27 Upgrade
The Pi Network price has surged, nearing $0.10 as the cryptocurrency market experiences a rally ahead of Protocol 27's upgrade. Over the past 24 hours, the crypto market rose by 6.09% with a total market cap of $2.57 trillion.
Bitcoin reached a 14-week high of $79,500 after increasing by $17,200 from its previous level of $62,300. Ethereum and XRP also saw significant gains, with prices moving above $2,300 and $1.41 respectively.
The Pi Network has been testing Protocol 27 on its testnet environment, which includes the deployment of RPC servers, decentralized exchange functions, and automated market makers liquidity pools. The network aims to overcome previous limitations of the Stellar protocol and enhance its technology in other areas.