Will Stellar 23 Update Catapult Pi Network Price Surge ?

Pi Network's price has plummeted in recent months despite significant team announcements. Will the upcoming Stellar protocol upgrade reignite investor interest ? Analysis.

Written by Simon Dumoulin

Translated on August 7, 2025 at 10:50 by Marie

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Pi Coin Collapse

On August 6, 2025, the Pi Network price experienced a sharp drop, reaching levels close to its all-time low. This represents a significant setback for long-term investors who were betting on the growth of this mobile cryptocurrency project.

This occurred despite ambitious announcements from the Pi team, such as the launch of the Pi Network Ventures investment fund and the Pi AI Studio platform. These initiatives were not enough to reverse the persistent downward trend. However, a major technical event could change the situation : The Stellar protocol upgrade, scheduled for September.

Stellar 23, Pi Network’s Ace ?

The network is based on the Stellar protocol, and its version 23 promises notable advancements. Among them: Faster transactions, cross-chain interoperability via Soroban, and expanded support for smart contracts.

According to Dr. Altcoin, a recognized expert in blockchain analysis :

“Pi is currently on version 19 and would likely migrate directly to version 23. This update will significantly strengthen the ecosystem, especially through better cross-chain compatibility.”

Indeed, this increased interoperability could allow Pi Network to communicate with other blockchains, paving the way for new applications and expanded use cases.

Question Asked: The current protocol for Pi Network is version 19. Do you think it will upgrade sequentially to versions 20, 21, and 22 or can it go directly to version 23?

My Answer: Technically, Pi Network can upgrade directly from Protocol 19 to 23 as long as it properly…
— Dr Altcoin (@Dr_Picoin) August 6, 2025

A Critical Zone for the Price

The Pi Coin chart reveals a continuous decline over the past six months, marked by the breakdown of the $0.3927 support level, which was tested multiple times in April and June. The previously identified double-bottom pattern has now been invalidated.

Currently, Pi is trading near the lower boundary of a bearish channel and remains below all key moving averages, suggesting a continued decline toward a potential support at $0.300. A bullish reversal remains possible : A listing on a major exchange could trigger a short squeeze and a sharp recovery.

The Stellar 23 upgrade could strengthen Pi Network’s technology, but a sustainable price increase will mainly depend on a strong trigger event. In a volatile crypto market, caution, strategic monitoring, and rigorous analysis remain essential for investors.

How to Buy PI on Bitget ?

For those who want to follow the whale Mats and invest in Pi before a potential rebound, here’s a practical guide to obtaining it on Bitget :

Create a Bitget account : Sign up on the website or Bitget mobile app. Complete identity verification (KYC) to access all features.
Deposit funds : Add fiat currency (EUR, USD) via bank card or SEPA transfer, or use cryptocurrencies like USDT.
Access the market : In the “Spot Trading” section, select the PI/USDT or PI/EUR pair to view the current price (approximately $0.36).
Place a buy order : Choose a market order to buy immediately or a limit order to set a target price (for example, $0.35). Indicate the desired amount.

Buy PI on Bitget easily and receive $10 bonus !

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Simon Dumoulin

Passionate about cryptocurrencies since 2019, I cover the latest news through clear and accessible articles. My goal is to make crypto understandable for everyone, with reliable and well-researched content.

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