PIVX Dropped 526.67% in 24 Hours Amid Network Upgrade and Governance Changes

On AUG 25 2025, PIVX dropped by 526.67% within 24 hours to reach $0.1406, PIVX dropped by 303.87% within 7 days, rose by 57.31% within 1 month, and dropped by 5486.98% within 1 year.

Network Upgrade to Version 6.3.0 Launched

PIVX successfully rolled out its latest network upgrade to version 6.3.0, introducing improvements to its decentralized governance model and transaction processing speed. The update, which was implemented after months of community voting and technical preparation, aims to enhance user experience and streamline the decision-making process for future protocol changes. Key features of the update include enhanced multi-sig capabilities and reduced confirmation times for certain transactions.

Governance Model Reforms Finalized

Alongside the technical upgrade, the PIVX development team confirmed the finalization of reforms to its DAO (Decentralized Autonomous Organization) governance model. The changes are designed to increase transparency and participation by allowing token holders to submit and vote on proposals more efficiently. These reforms were passed through a series of on-chain votes, reflecting strong community support for the proposed changes.

Partnership With New Cold Staking Service Provider Announced

In a move to expand accessibility, PIVX announced a new partnership with a third-party cold staking service provider. The collaboration allows users to earn staking rewards without keeping their coins in hot wallets, thereby improving security for a wider range of investors. This partnership is part of a broader strategy to onboard new participants and reduce the barriers to entry for staking in the PIVX ecosystem.

Focus on Privacy and Scalability

PIVX continues to position itself as a privacy-focused cryptocurrency with scalable infrastructure. Recent updates have focused on optimizing the network’s ability to handle increased transaction loads without compromising anonymity features. The project’s roadmap includes further integration of zk-SNARKs and other privacy-enhancing technologies, with the goal of maintaining a competitive edge in the privacy coin sector.

Community and Developer Activity Remain Strong

Despite the recent price volatility, the PIVX community and development team remain active. Regular releases and community-led initiatives continue to drive innovation and adoption. Developer milestones are being met on schedule, and the project has no signs of slowing down in terms of its commitment to long-term development and strategic expansion.