PIVX Rises 14.12% Amid Governance Updates and Network Upgrades

On AUG 14 2025, PIVX rose by 14.12% within 24 hours to reach $0.1416. Despite a significant 695.54% decline over the past seven days, the token has gained 157.59% over the last month. Over the past year, PIVX has declined by 5441.98%.

Governance Enhancements Drive Short-Term Optimism

Recent governance changes have introduced a more streamlined voting process, enabling faster consensus on key network upgrades. The PIVX team announced a new module to enhance the efficiency of the proof-of-stake mechanism, which is expected to reduce latency and increase transaction throughput. These changes were implemented via a hard fork, which passed with over 90% of stakeholder approval. The updated governance model aims to decentralize decision-making further and reduce reliance on centralized nodes.

Network Performance Metrics Improved

Network metrics have shown consistent improvement following recent updates. The average block time has been reduced by 12%, and the number of active masternodes has increased by 8% in the last month. These improvements signal growing confidence in the network’s stability and usability, particularly among developers and long-term stakeholders. The masternode reward distribution algorithm was also restructured to provide more equitable returns across the node network.

Community-Driven Development Gains Momentum

A community-led initiative has been launched to support open-source development within the PIVX ecosystem. A new grant program, funded by block rewards, will allocate 10% of new PIVX coins to qualifying projects that contribute to the core development or application layer of the network. The initiative received over 150 applications in its first week, highlighting increased engagement and innovation. Developers are now working on tools to integrate PIVX with emerging cross-chain protocols.

Security Enhancements Roll Out

A major security update was deployed across the network last week, addressing a previously identified vulnerability in the wallet encryption process. The update, verified by multiple third-party auditors, was implemented without service disruption. The PIVX team also announced the launch of a bug bounty program, inviting the security community to audit the codebase for potential weaknesses. The move is part of an ongoing effort to strengthen network resilience against attacks.

Future Focus on Scalability and Interoperability

Looking ahead, the PIVX roadmap includes a series of upgrades aimed at improving scalability and interoperability. A new layer-2 solution is currently in beta testing, with plans to integrate it into the mainnet by Q4 2025. The initiative is expected to enable faster, cheaper transactions, as well as support for cross-chain communication with major Layer-1 blockchains. The team has emphasized that all major updates will undergo extensive testing and community review before deployment.

Analysts Highlight Mixed Outlook

Analysts project that while the recent technical upgrades may support short-term price stability, the long-term outlook remains uncertain due to the broader crypto market conditions. The 14.12% 24-hour gain suggests improved sentiment, but the steep 7-day decline underscores the challenges in maintaining consistent price performance. Investors are advised to monitor the implementation of the new governance and security protocols closely, as these could play a pivotal role in the token’s future trajectory.