Stellar Protocol 23 Goes Live: Pi Network Moves Closer to Web3 Integration
Stellar has officially launched Protocol 23, a major upgrade that redefines the capabilities of its blockchain architecture. With native support for smart contracts, parallel transaction processing, and enhanced scalability, this protocol sets a new benchmark for decentralized platforms. For Pi Network—built on Stellar Core—the implications are profound.
According to, Protocol 23 introduces eight Core Advancement Proposals (CAPs), including Soroban smart contract enhancements, performance optimizations, and validator-level control over network latency. These changes position Stellar as a leading infrastructure for Web3 applications, and Pi Network is expected to follow suit.
What Protocol 23 Brings to the Table
The upgrade includes:
Native smart contract support via Soroban
Parallel transaction execution for increased throughput
Expanded per-ledger CPU and read capacity
Optimized state management through live state prioritization
New host functions for contract execution
Validator control over consensus configuration
These features enable developers to build scalable, secure, and efficient decentralized applications. For Pi Network, adopting these capabilities would unlock new use cases, including DeFi, NFT marketplaces, and autonomous governance.
Pi Network’s Technical Foundation and Upgrade Path
Pi Network’s architecture is deeply rooted in Stellar Core. As Stellar evolves, Pi must adapt to maintain compatibility and competitiveness. Currently, Pi Node operates on version 19.6.0. To fully leverage Protocol 23, Pi must upgrade to version 20.2.0.
This upgrade would allow Pi Network to:
Deploy and execute smart contracts
Support dApps built with Pi App Studio and AI tools
Improve decentralization and data processing
Facilitate Pi domain registration and identity services
Without this transition, Pi risks falling behind in a rapidly advancing Web3 landscape.
Community Expectations and Developer Readiness
The Pi Network community—known as Pioneers—has long advocated for greater functionality and utility. With over 60 million users worldwide, the demand for smart contracts is growing. Developers are eager to build within the Pi ecosystem, but the lack of programmable logic has been a barrier.
The launch of Stellar Protocol 23 presents a timely opportunity for Pi Network to respond. By aligning its node infrastructure with the latest protocol, Pi can unlock new use cases and attract a broader developer base.
Big News, Pioneers!
— 🇨🇳（ piNetwork）TianLiFeng ⚡️⚡️⚡️ (@tinlfng3) September 5, 2025
Stellar’s Protocol 23 is live.
Expect faster, more secure transactions, powerful smart contracts, and a stronger blockchain.
With Stellar and @PiCoreTeam advancing together, the future of global finance is closer than ever#PiNetwork #PiEcosystem #Pioneers pic.twitter.com/wP90b6R3nj
Strategic Implications for Picoin and Web3 Adoption
Smart contracts are the backbone of Web3. They enable decentralized finance, digital asset management, and community governance. For Picoin to gain traction as a functional digital asset, it must be usable within smart contract frameworks.
With the integration of Soroban, Pi Network could support:
Peer-to-peer lending
Tokenized asset exchanges
Decentralized identity verification
Automated governance mechanisms
These features would significantly enhance Picoin’s utility and position Pi Network as a foundational layer in the Web3 economy.
Institutional Interest and Global Expansion
Pi Network’s infrastructure upgrades have already attracted institutional attention. The listing of the Valour Pi ETP in Sweden brought nearly $947 million in assets under management, signaling confidence in Pi’s long-term viability.
Partnerships with Onramp Money, Banxa, and TransFi have expanded fiat access to Picoin in over 60 countries. These integrations support liquidity, compliance, and user onboarding—key components for mainstream adoption.
With Stellar’s Protocol 23 now live, Pi Network is well-positioned to capitalize on these developments and expand its global footprint.
Challenges and Strategic Focus
Despite its momentum, Pi Network faces challenges. Price volatility, infrastructure scaling, and regulatory scrutiny remain ongoing concerns. The Core Team continues to emphasize transparency, legal compliance, and phased rollouts to ensure stability.
Token unlocks have been reduced to 161 million in September, easing supply pressure and supporting price stabilization. Analysts predict a potential rebound toward $0.42–$0.45, but risks remain near the $0.30 level.
What Comes Next
Looking ahead, Pi Network’s roadmap includes:
Full integration of Soroban smart contracts
Expansion of staking and DAO governance
Launch of Pi-powered marketplaces and identity services
Continued rollout of smart contract-enabled applications
Potential listings on major exchanges and institutional platforms
These milestones will further solidify Pi Network’s role as a foundational layer in the Web3 economy.
Conclusion: A New Era for Pi Network
With Stellar Protocol 23 now live, the future of decentralized finance is closer than ever. For Pi Network, this is more than a technical upgrade—it’s a strategic inflection point. By aligning with Stellar’s advancements, Pi can unlock new capabilities, expand its ecosystem, and redefine its role in the global financial landscape.
The opportunity is clear. The infrastructure is ready. And the community is waiting.
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