Pi Network Token Price Jumps Ahead of Protocol 27 Upgrade
The price of Pi Network's native token, PI, has risen by 2.6% over the past 24 hours to around $0.0934 as traders position themselves ahead of the expected Protocol 27 upgrade on September 15.
According to CoinGecko, PI is currently trading at $0.09337, with a gain of 4% in the past seven days and 8.4% over two weeks. Over the past month, PI has increased by 13.7%
The latest price move can be attributed to expectations surrounding Protocol 27, which will improve smart contract functionality and authentication on the Pi Network.
Additionally, development work on decentralized exchange and automated market maker infrastructure is adding to the excitement around the upgrade.