Stellar's Protocol 23 Upgrade Sparks Pi Coin Speculation

The Stellar Development Foundation’s Protocol 23 upgrade, set for a mainnet vote on September 3, 2025, has reignited speculation surrounding Pi Coin, the native token of the Pi Network [1]. The upgrade introduces significant technical improvements, including enhanced smart contract capabilities, improved scalability, and broader Web3 integration, all of which are expected to benefit projects built on the Stellar network [2]. Pi Network, which utilizes Stellar-core infrastructure, could potentially benefit from these enhancements in the long term by strengthening its foundational architecture and increasing the token’s utility in decentralized applications and merchant services [3].

Investor interest in Pi Coin has surged amid the upgrade, with some viewing the development as a potential turning point for the token’s value proposition. Dr. Altcoin, a prominent voice in the Pi community, has emphasized how Protocol 23 could streamline Pi Network’s infrastructure and improve transaction efficiency—key features for a cryptocurrency aiming to be used in everyday transactions [4]. Additionally, the growing adoption of Pi Coin in local commerce, supported by the new smart contract functionalities, has contributed to a wave of optimism [5].

The broader Stellar network is also positioned to play a pivotal role in Pi Coin’s potential revival. The focus of Protocol 23 on cross-border payments and reduced transaction costs aligns with Pi Network’s long-term goal of creating a globally accessible digital currency [6]. Analysts suggest that the improved efficiency and scalability of the upgraded protocol may attract developers and enterprises seeking to integrate blockchain solutions [7]. However, while these developments are viewed as promising, they remain speculative, and no direct market impact has been observed in Pi Coin’s price.

The narrative around Pi Coin’s future utility has gained traction among investors and developers, with social media campaigns promoting a “comeback of the century” narrative and encouraging broader adoption [8]. This grassroots movement, coupled with technical upgrades, has placed Pi Network at a pivotal stage in its development. Nonetheless, the success of the Protocol 23 upgrade will depend not only on the technical improvements but also on how effectively Pi Network leverages them to expand its real-world use cases.

Market analysts caution that while the upgrade is a positive development, it is not a guaranteed driver of price recovery. The broader market environment, including investor sentiment toward emerging cryptocurrencies and macroeconomic conditions, will also influence Pi Coin’s trajectory [9].

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Source:

[1] The Coin Republic (https://www.thecoinrepublic.com/2025/08/06/pi-networks-big-upgrade-all-you-need-to-know/)

[2] HOKANEWS.COM (https://www.hokanews.com/2025/08/pi-coin-nears-all-time-low-can-stellars.html)

[3] CoinCentral (https://coincentral.com/pi-network-pi-price-community-calls-for-comeback-of-the-century-rally/)

[4] Facebook (https://www.facebook.com/groups/57176****659147/posts/130****977856769/)

[5] HOKANEWS.COM (https://www.hokanews.com/2025/08/pi-networks-open-mainnet-sparks-urgent.html)

[6] The Economic Times (https://m.economictimes.com/crypto-news-today-live-06-aug-2025/liveblog/123126163.cms)

[7] OKX (https://www.okx.com/price/stellar-xlm)

[8] Facebook (https://www.facebook.com/groups/492496885232267/posts/151****936512685/)

[9] Coingabbar (https://www.coingabbar.com/en/crypto-currency-news/what-happened-in-crypto-market-today-memefi-coin-price-soars-178?srsltid=AfmBOooX9OqiBDz2NgD9vr7B7U9IX4kMM_EjVtp0O3imccmlsOIVXH9I)