Pi Network Price Volatility Ahead as Protocol v27 Upgrade and CLARITY Act Tensions Mount
The Pi Network price has been trading around $0.0964 ahead of its scheduled Protocol v27 upgrade on September 15. This upgrade is expected to bring significant changes to the network, including enhanced smart contract authentication and automated market makers.
However, the markets are facing uncertainty due to political developments surrounding the CLARITY Act, which aims to impose regulatory limits on digital goods. The Senate was set to debate cloture on September 15, but its passage would not necessarily categorize Pi or ensure listings.
The upgrade cycle has wrapped up with Protocol 26 released in August, and the latest update confirms that node software has been updated from the V26 line to the V27 protocol stack. Public RPC access will enable developers to connect with the blockchain without running full nodes.