Pi Network Prepares v23.01 Upgrade Ahead of September 3 Mainnet

Pi Network is preparing for its v23.01 upgrade ahead of the mainnet launch on September 3. Based on stellar-core v23.0.1, this upgrade marks another step in the network’s technical evolution. The update also brings open-source announcements next month, giving the community clear insight into Pi’s infrastructure. Developers have been testing nodes. Also refining features to ensure the mainnet rollout is smooth. 

The upgrade is set to enhance performance, strengthen security, and boost scalability. Users are encouraged to update software as the launch date approaches. These steps are intended to make the transition smooth for existing participants and newcomers.

Price Movements and Market Activity

Pi price experienced a volatile day on August 26. The coin opened at $0.342 but dropped early to around $0.33. Soon after, it climbed back to $0.34. It later stabilized between $0.338 and $0.34. The Pi price finished the day below the opening price.

Pi Network daily price chart on August 26, 2025, by Coingecko

The fluctuations highlight the market’s cautious optimism in the lead-up to the mainnet. Currently, Pi ranks 52nd in market capitalization at $2.68 billion. The fully diluted valuation stands at $4.13 billion, with a 24-hour trading volume of $62.78 million. 

Community Buzz and Anticipation

The v23.01 upgrade has sparked excitement across the Pi community. Supporters are discussing potential improvements, reflecting strong engagement. The mainnet launch is viewed as a pivotal milestone. It is transitioning the network from testing to live operations. Experts note that clear communication and timely upgrades are key to maintaining user trust. Pi Network this move to share open-source details demonstrates transparency. They are building confidence as the platform approaches its next growth stage.

Looking Forward

As September 3 draws near, attention will turn to adoption rates, transaction activity, and network stability. Analysts expect growing interest as users prepare to engage with a live blockchain environment. The upcoming upgrade and open-source release will serve as important indicators of Pi Network. Also, it’s readiness to establish itself more firmly in the broader crypto ecosystem.