The Pi Coin network is set for a major update on September 3, bringing new features for developers and integrating solutions for easier access to the currency.
New Features and Integration with Stellar
The upcoming update will introduce the Pi Node software, integrated with Stellar Core. This connection will facilitate the development of decentralized applications, such as .pi domain auctions and AI-driven dApps.
Fiat Onramp in Pi Wallet
Pi Network has integrated Onramper into its wallet, allowing users to purchase Pi using fiat currencies like USD and EUR, bypassing the need for third-party exchanges. This enhances accessibility and may contribute to the currency's economic growth.
Market Analysis for Pi Coin
Despite the technological advancements, Pi Coin's price remains at historical lows, currently valued at $0.3536. The asset has decreased by 23.38% in the last month. However, a 39% increase in trading volume to $66.55 million indicates rising investor interest.
The Pi Coin update, featuring new functionalities and fiat onramp integration, could be a significant step in enhancing the project's utility and easing access for new users.
