Pi Network Surges Ahead of Final Protocol Upgrade

The Pi Network is experiencing significant gains ahead of its ninth protocol upgrade, dubbed Protocol 26. The coin's price has risen by 4.71% to $0.082 as of July 30, making it one of the few gainers in the crypto market today.

This comes despite most other cryptocurrencies moving lower following a hawkish FOMC speech by Federal Reserve Chair Kevin Warsh. The gains are also accompanied by increased trading volumes, which have risen by 17% according to CoinMarketCap data.

The Protocol 26 upgrade is scheduled for August 11 and will be the second-to-last update on the network. According to the Pi Core team, these final two upgrades will bring the network up to date with the latest protocol features, improvements, and functionality.