Pi Network Teeters on Brink of Rebound After Major Ecosystem Upgrade

Key Summary

Pi Network's native token PI is expected to complete another major ecosystem development later this week, potentially fueling a price surge. The upcoming protocol update v28 is expected to improve transaction-data handling and enable developers to upgrade groups of smart contracts together. However, the token's valuation has nosedived by 60% over the past year, and its price is currently trading just above its all-time low levels.