Pi Network Testnet 1 achieves near-zero failures as price jumps 3.5%
Pi Network edges closer to its mainnet v23 launch after Testnet 1 demonstrates strong stability and high transaction success.
- Testnet 1 has processed millions of transactions with almost 0 failures, showing that the network is ready for mainnet version v23.
- The successful testnet boosted investor sentiment, pushing PI price over 3.5% in the past 24 hours.
Pi Network ( PI ) is moving closer to its mainnet v23 launch after achieving strong performance in Testnet 1. The test phase processed millions of transactions with almost zero failures, demonstrating the network’s ability to handle high traffic under real-world conditions.
According to technical reports, the vast majority of transactions succeeded on the first attempt, with only occasional single failures. These results suggest that Mainnet version v23 is well-prepared to support large-scale adoption, offering a stable foundation for both financial and computational operations.
In parallel, Pi Network is currently collaborating with OpenMind , a company developing decentralized AI computing solutions. In a proof-of-concept experiment with OpenMind, over 350,000 active Pi Nodes contributed unused computing resources to process AI workloads, including image recognition tasks. The results confirmed that Pi’s decentralized network could handle real AI workloads, turning the system into a large-scale, peer-powered AI cluster. Pi Network will soon publish a case study that will share the full details.
The news about successful testnet lifted investor sentiment, sending PI price up more than 3.5% over the past 24 hours while 24-hour trading volume jumped 20%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chainlink's cross-chain bridges drive a $35 billion boom in tokenized finance
- Grayscale files to convert its $29M Chainlink Trust into a staking-enabled ETF (GLNK), positioning LINK as crypto infrastructure. - Chainlink's CCIP bridges traditional finance and blockchain via cross-chain interoperability, recently collaborating with J.P. Morgan and Ondo Finance. - The tokenized assets market is projected to grow to $35B, with Chainlink addressing compliance and data transfer challenges in decentralized finance. - Strategic integrations with S&P Global and Bittensor's AI networks high
Bitcoin Updates: Trump Urges Rate Cuts While Fed Remains Cautious—Bitcoin Drops Into Bear Market
- Trump pressures Fed for aggressive rate cuts, joking about firing Bessent if rates remain high, risking policy instability. - Bitcoin enters "most bearish" phase with Bull Score at 20/100, price below $102,600 as institutional demand wanes. - Fed chair replacement process nears conclusion, with potential impacts on crypto markets and global capital flows. - India debates stablecoin regulation while Leverage Shares plans 3x crypto ETFs, reflecting volatile market dynamics. - Bitcoin's $200,000 trajectory
Fed's Change in Liquidity Fuels Debate: AI Breakthrough or Speculative Frenzy?
- The Fed's halt of QT by December 1, 2025, risks injecting trillions into AI markets, reigniting speculative concerns amid record $57B Nvidia quarterly revenue. - AI infrastructure spending surges with FEDGPU's GPU clusters and Gartner projecting $2 trillion global AI spending by 2026. - Skeptics warn of debt-driven overinvestment, citing Meta/Oracle stock declines and unproven economic returns despite "depth and breadth" of AI innovation claims. - Historical parallels to the dot-com bubble emerge as anal
XRP News Today: Grayscale’s Altcoin ETFs Transform Market Liquidity, Connecting Digital Assets with Conventional Finance
- NYSE approves Grayscale's XRP and Dogecoin ETFs for Nov 24 trading, expanding regulated crypto access in the U.S. - ETFs convert private trusts to public structures under SEC's post-shutdown regulatory clarity, targeting major altcoins. - Products charge 0.35% fees with direct asset holdings, attracting $12.7B XRP and $7.2B Dogecoin derivatives pre-launch. - Competitors like Bitwise and Franklin Templeton also launch XRP ETFs, signaling growing institutional confidence amid Bitcoin outflows. - Regulatory
Trending news
MoreCrypto prices
More
