Major Upgrade Paves the Way for Public Launch!
As part of the preparation of PI network Open the door to the publicthe network has made a significant leap through its mainnet upgrade to protocol version 19. The report shows that the upgrade enables the network to make significant progress in transaction speed and interoperability. Want to know more? Continue reading!
Enhanced scalability with layer 2 solutions
Upgrade allows network and Layer 2 Solution. The network has created fast lanes for transactions. It can process at least 1.1 million transactions per second.
The ability of the network to handle a large number of users and applications determines its efficiency and competitiveness at the same time.
https://twitter.com/woodylightyearx/status/18877763129729224987
Blinking the gap: Interoperability with other blockchains
The upgrade also helped the network enhance its bridging capabilities. The newly acquired interoperability capabilities of the network make it easy to transfer data between different assets and data Blockchain platform.
Enhanced interoperability capabilities are essential to expanding the ecosystem of PI networks.
Prepare for open network startup
The PI network is currently in beta and only some people can join and use it. The network is preparing for its open network launch, just like opening the door to the public. Once launched, anyone can join, use their encrypted PI, build applications on the network and participate in the PI ecosystem.
There is no doubt that the progress the network has made with its latest updates can help it achieve a smoother release.
- Please read also:
- Despite KYC delays, Pi Coin soared 10%: Is there a $100 sight before Mainnet launch?
- ,,,,,
PI Network Market Overview
In the past year PI network The market experienced a growth of 3372.5%. The market has witnessed a 10.9% increase in the last 24 hours alone. The PI network is priced at $44.64, and the 24-hour transaction volume of the network is still $332,378.
![](https://i0.wp.com/image.coinpedia.org/wp-content/uploads/2025/02/08163139/Pi-Network-Market-Overview--1024x576.webp?resize=814%2C458&ssl=1)
![](https://i0.wp.com/image.coinpedia.org/wp-content/uploads/2025/02/08163139/Pi-Network-Market-Overview--1024x576.webp?resize=814%2C458&ssl=1)
However, the market has declined by at least 8.9% over the past 30 days.
The latest upgrade to PI Network marks an important step towards mainstream adoption. With improved scalability, enhanced interoperability and focus on seamless open network releases, PI positioned itself as a serious competitor in the encrypted space.
Never miss the beats in the crypto world!
Stay ahead with Breaking News, expert analysis and real-time updates to the latest trends like Bitcoin, Altcoins, Defi, NFTS, and more.