Pi Network has released the long-awaited roadmap of Version 25 after some weeks of silence on any progress update. This move is coming as PI is still having a hard time and recording a continuous downtrend for the last few days, making it among the worst-performing digital currencies recently.
The Core Team revealed that Version 25 is scheduled to be released on July 22. This update will ensure better stability and reliability for the network, along with incorporating enhanced and privacy-based smart contract functionality. This new version is yet another addition to the efforts being made by Pi Network to develop its blockchain ecosystem further.
Also Read | DTCC Launches Tokenized Stocks Pilot With BlackRock, JPMorgan and Goldman Sachs
Pi Network Continues Ecosystem Development
Several versions of the Pi protocol were launched in 2026. Development started with version 19.6 at the beginning of the year and continued with the release of other versions, which gradually increased the functionality of the network.
Of these, Version 20.2 is noteworthy because it set the stage for introducing smart contract capabilities. While there were fewer updates during the second quarter, the development team was able to release Versions 22 and 23 in May and then launch Version 24 shortly afterward in early June.
Afterwards, the community has been eagerly anticipating any news regarding the subsequent update. The assurance that the team aims to finalize Version 25 by July 22 will make the roadmap clearer for the users as the project builds its foundation.
Pi Network Price Extends Losses
Despite the development update, PI remains under selling pressure. At the time of writing, the PI is trading at $0.07572, down 7.83% over the last 24 hours. Daily trading volume stands at $28.45 million, while its market capitalization is around $828.47 million, according to CoinMarketCap.
The technical indicators are still demonstrating weakness. The current price of PI is below the middle line of the 20-day Bollinger Bands at $0.10451. The upper Bollinger Band is at $0.13686, and the lower band is at $0.07217. The nearness of the price to the lower Bollinger Band indicates high selling pressure.
RSI now stands at 14.49 with a signal line at 22.32. Since RSI less than 30 is deemed as oversold, there have been strong selling sessions on the index in recent periods. Even though this is an opportunity for a possible rebound, the general trend will still be weak until the buyers regain their strength.
What Comes Next For Pi Network
Another significant milestone is whether the developers launch version 25 within the stipulated date, which is July 22, and whether its newly added functionalities work as anticipated.
The market will also be watching out for any forthcoming news regarding developer tools, decentralized apps, and partner ecosystems that will spur network activity.
In terms of price, PI is supposed to stabilize at its lows and generate some buying demand before sentiment starts improving. Otherwise, it will likely encounter some volatility despite the continued progress in developing the network.
Also Read | Dogecoin Forms Bullish Falling Wedge as Analysts Eye Explosive Breakout
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
