Pi Network Launches Protocol v23, 134M Tokens Unlock to Test Economic Resilience
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Protocol Upgrade: Pi Network plans to launch Protocol v23 in Q4 2025, which aims to enhance transaction speed and security by integrating Stellar Core v23.0.1, thereby improving scalability and enabling developers and creators to utilize decentralized applications more efficiently.
- Smart Contract Introduction: A key feature of Protocol v23 is the introduction of Rust-based smart contracts, allowing developers to deploy decentralized financial services and applications directly on Pi Network, which is expected to drive innovation and diversity within the ecosystem.
- Token Unlock: The network is set to unlock over 134 million PI tokens in January 2026, viewed as a test of the network's economic resilience; despite concerns over liquidity and selling pressure, the community remains confident in the ecosystem's utility.
- Market Reaction: While Pi Network's social dominance has fallen to 0.004%, trading volume surged to nearly 18 million PI tokens, indicating market interest in its future; if the price breaks above $0.2174 this week, it could target the psychological resistance level at $0.2613.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
