Pi Network is climbing into Pi2Day as its mandatory node upgrade nears completion

Protocol V25 Migration Nears Completion

@PiCoreTeam confirmed on Friday that the majority of Mainnet node operators have already successfully upgraded to Protocol V25, with any remaining operators urged to do so promptly to stay connected to the network. Those who hold off risk more than a minor inconvenience. Operators still running older versions risk falling out of sync as the network continues its planned protocol transition.

The upgrade is part of Pi Network's sequential protocol migration roadmap, with nodes progressing from Protocol 24.1 to 25.2 in strict order. The update is part of Pi's broader roadmap, which involves a series of sequential upgrades from version 19 through version 26. The Mainnet migration lays groundwork for future stability and smart contracts. Pi Network runs on a modified version of the Stellar Consensus Protocol, and this upgrade aligns the network with Stellar Core V20 standards, bringing Pi closer to interoperability with the broader Stellar ecosystem, including its established liquidity pools and asset issuance frameworks.

Pi Network has also introduced subscription-based smart contracts on Testnet (PiRC2), marking a major step toward on-chain utility. Separately, the network redesigned its ecosystem Launchpad interface and introduced the SLICE testnet token ahead of Pi2Day. The overhaul was based on feedback from over 478,000 Pioneers, with the new process centering on a user's commitment amount of Test-Pi and the Launchpad automatically calculating a corresponding fair-access hold to promote broader distribution.

All Eyes on Pi2Day, June 28

With the protocol migration winding down, community focus is shifting to Pi2Day on June 28. The date is celebrated annually since it represents the mathematical constant 2π. It is a key milestone that often serves as a platform for ecosystem updates and product announcements.

The Pi Network Core Team has launched an AI-themed campaign aimed at engaging the community, concluding on Pi2Day. The focus is on a vibe coder campaign, which aims to incentivize more developers to launch projects on the network. Millions of Pi Network Pioneers are closely watching for potential announcements that could shape the future direction of the ecosystem and the long-term value of Pi Coin.

On the price front, $PI trades near $0.136, up roughly 4% on the day, according to the original report from @BSCNews. The token recently outperformed the broader crypto market, supported by a noticeable increase in trading activity, with PI gaining more than 4% over the past 24 hours while trading volume climbed significantly.

Sources:
Pi Network Urges Remaining Nodes to Upgrade to Protocol V25 Now – Coinfomania
Pi Network Warns Node Operators: Upgrade Now or Lose Network Connection – Coinpedia
Pi Network Simplifies Launchpad as SLICE Token Test Runs Until June 28 – Coinfomania