Pi Network Testnet 2 Completes V24 Upgrade Ahead of Mainnet

Pi Network has completed another major milestone in its 2026 roadmap. Testnet 2 has successfully upgraded to Protocol v24. It is clearing the way for the Mainnet upgrade scheduled for June 2. The update arrives as Pi Network continues its push toward smart contracts, cross-chain connectivity and broader ecosystem utility. While the market remains focused on token unlocks and price pressure. The latest technical progress signals that development on the network is moving forward. The news comes as Pi trades around $0.143 at the time of writing.

Pi Network Completes Testnet 2 V24 Upgrade

According to community updates, Testnet 2 has successfully completed the v24 upgrade. The Mainnet is now expected to activate the same version as planned. 

Pi’s official node upgrade schedule shows that all node operators must migrate to version 24.1 by June 2. The network has described the upgrade as straightforward, with expected downtime of less than 15 minutes. The mandatory upgrade path requires nodes to move sequentially through protocol versions. Operators cannot skip steps.

The current roadmap includes:

• V24: Off-chain integration
• V25: Real-world applications
• V26: Full openness and commercial use

This latest milestone strengthens the long-term vision outlined in recent Pi Network news updates.

Why the V24 Upgrade Matters

The V24 upgrade focuses on scalability, privacy and cross-chain connectivity. Pi Network’s roadmap describes this phase as the foundation for future integrations with external blockchains and Layer-2 solutions. The upgrade also prepares infrastructure for upcoming features expected later in 2026.

According to previous technical documentation, Pi’s protocol evolution is based on a customized Stellar architecture. The network is gradually introducing new functionality while maintaining stability. For most users, the upgrade will happen behind the scenes. But it lays the groundwork for future ecosystem expansion.

June Mining Rate Delivers Rare Increase

Alongside the upgrade news, Pi miners received an unexpected surprise. The June base mining rate increased to 0.0022191 PI per hour from 0.0021320 PI per hour in May. That represents a 4.09% increase. The adjustment goes against the recent trend of declining mining rates.

While the increase is relatively small, active miners can earn slightly higher rewards through:

• Node bonuses
• Utility bonuses
• Referral bonuses
• Lockup bonuses

The update has generated fresh discussion across the Pi Network community.

How This Affects Developers and Investors

For developers, the upgrade is more important than the short-term price action. The V24 rollout moves Pi closer to features such as smart contracts, decentralized applications, cross-chain integrations and a potential Pi DEX. These tools could make the ecosystem more attractive for builders. 

Recent developments also support that narrative. CiDi Games recently attracted more than 81,000 users across 160 countries within its first week. The launch demonstrated how applications can gain immediate exposure within the Pi ecosystem.

For investors, the picture remains mixed. On one hand, continued protocol upgrades show active development. On the other hand, more than 200 million PI tokens are expected to unlock, creating ongoing supply pressure. As a result, many investors are watching whether ecosystem growth can eventually offset increasing token circulation.

What’s Next for Pi Network?

The focus now shifts to the Mainnet V24 activation and the next upgrade deadline. According to the official schedule, version 25.1 must be completed by June 15. After that, the network will move toward V26, which aims to introduce broader commercial usage and greater decentralization. While the Pi Network price 2026 remains under pressure near $0.14. The latest upgrade suggests the project is continuing to execute its long-term roadmap. The coming months will likely determine whether these technical improvements translate into stronger adoption and real world utility for the Pi Network ecosystem.

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