Pi Network confirmed that its Mainnet transitioned to Protocol 28 on October 16, completing the upgrade that was previously questioned. The protocol update enhances the handling of delayed transaction data and allows developers to update multiple smart contracts simultaneously, improving the safety of stored application information.
Ecosystem Summit
The project will host its first online Ecosystem Summit from November 17 to 19, 2026. The three‑day event is set to feature software announcements, developer demonstrations, showcases of existing Mainnet applications, and details about an upcoming hackathon. The Core Team will meet with developers during the summit, and the ecosystem currently includes more than 300 Mainnet apps.
Desktop Tool Update
Pi Desktop version 0.6.4, released on October 22, removes the need for manual router configuration when accessing SoloHost applications remotely. The update also adds checks to limit each application's access to unrelated files and networks.
Stablecoin Exploration
Pi Network is exploring the use of the OUSD stablecoin, developed by Open Standard, for rewards and payment functionalities. No launch date or integration details have been announced.
Token Price Movement
On October 29, the PI token traded near $0.079, reflecting a roughly 3% increase over the previous 24 hours. The token remained below its early‑October peak of above $0.09.
