Pi Network completed its Testnet 2 upgrade to Protocol v24 ahead of the Mainnet upgrade scheduled for June 2. The upgrade advances Pi Network's push toward smart contracts, cross-chain connectivity, and broader ecosystem utility as outlined in its 2026 roadmap. The development continues as Pi trades around $0.143 amid ongoing token unlock pressure, with more than 200 million PI tokens expected to enter circulation.
Pi Network Completes Testnet 2 V24 Upgrade
Testnet 2 successfully completed the v24 upgrade, according to community updates. The Mainnet is expected to activate the same version as planned on June 2.
Pi's official node upgrade schedule shows that all node operators must migrate to version 24.1 by June 2. The network described the upgrade as straightforward, with expected downtime of less than 15 minutes. The mandatory upgrade path requires nodes to move sequentially through protocol versions—operators cannot skip steps.
The current roadmap includes V24 for off-chain integration, V25 for real-world applications, and V26 for full openness and commercial use.
V24 Upgrade Prepares Infrastructure for Cross-Chain Integration
The V24 upgrade focuses on scalability, privacy, and cross-chain connectivity. Pi Network's roadmap describes this phase as the foundation for future integrations with external blockchains and Layer-2 solutions. The upgrade prepares infrastructure for upcoming features expected later in the year.
According to technical documentation, Pi's protocol evolution is based on a customized Stellar architecture. The network is gradually introducing new functionality while maintaining stability. For most users, the upgrade will happen behind the scenes, but it lays the groundwork for future ecosystem expansion.
June Mining Rate Increases 4.09% to 0.0022191 PI Per Hour
The June base mining rate increased to 0.0022191 PI per hour from 0.0021320 PI per hour in May, representing a 4.09% increase. The adjustment reverses the recent trend of declining mining rates.
Active miners can earn higher rewards through node bonuses, utility bonuses, referral bonuses, and lockup bonuses. The update has generated discussion across the Pi Network community.
Node Operators Must Migrate to Version 24.1 by June 2
All node operators must complete migration to version 24.1 by June 2, according to the official upgrade schedule. The network expects downtime of less than 15 minutes during the transition.
According to the official schedule, version 25.1 must be completed by June 15. After that, the network will move toward V26, which aims to introduce broader commercial usage and greater decentralization.
For developers, the V24 rollout moves Pi closer to features such as smart contracts, decentralized applications, cross-chain integrations, and a potential Pi DEX. CiDi Games recently attracted more than 81,000 users across 160 countries within its first week, demonstrating how applications can gain immediate exposure within the Pi ecosystem.
FAQ
What did Pi Network complete ahead of the June 2 Mainnet upgrade?
Pi Network completed its Testnet 2 upgrade to Protocol v24 ahead of the Mainnet upgrade scheduled for June 2. All node operators must migrate to version 24.1 by June 2, with expected downtime of less than 15 minutes.
How much did the Pi Network mining rate increase in June?
The June base mining rate increased to 0.0022191 PI per hour from 0.0021320 PI per hour in May, representing a 4.09% increase. Active miners can earn additional rewards through node bonuses, utility bonuses, referral bonuses, and lockup bonuses.
