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
TRX News Today: Crypto's Rift: Solana's Reliability Compared to BullZilla's 100x Risk
- Crypto market shows divergence: Solana (SOL) leads DeFi with $5B+ DEX volumes, while BullZilla ($BZIL) emerges as a 100x presale contender. - TRX Gold Corp (TRX:CA) faces 22.86% monthly decline despite 69% 3-month gain, with analysts projecting 93.55% upside potential. - BNB and TRX show contrasting trends: BNB drops 2.63% amid liquidations, while TRX gains 0.90% with $760M trading volume. - BullZilla's $1M+ Stage 10 presale offers 1,986% potential return if listed at $0.00527, leveraging deflationary bu
SoftBank's Departure from Nvidia Fuels Discussion on AI Valuations During Volatile Market Changes
- SoftBank's exit from its Nvidia stake triggered a 1.1% premarket drop, sparking debates over AI valuation sustainability amid $4.85T market cap resilience. - BofA reaffirmed a "Buy" rating for Nvidia, citing 71.55% YoY revenue growth and $275 price target despite rising competition from custom AI chips. - Upcoming Q3 earnings ($54.8B forecast) face scrutiny over China market share losses and cloud spending cycles, with 64 "Strong Buy" ratings maintaining bullish sentiment. - Broader AI sector contends wi
2,800 Investors Left Reeling After Crypto CEO's $9.4 Million Ponzi Scheme Falls Apart
- Travis Ford , CEO of Wolf Capital, was sentenced to 5 years for a $9.4M crypto Ponzi scheme defrauding 2,800 investors. - Funds were misused for luxury purchases and gambling , with victims including retirees and young professionals. - The DOJ highlighted the case amid a global crypto fraud surge, including a $6B Chinese scheme and $1.5B ByBit theft. - Prosecutors condemned Ford's "market pressures" defense, as 2025 saw over $2.17B in U.S. crypto scam losses.
Baseball and Camels Unite Cultures in Middle Eastern Diplomatic Efforts
Trending news
MoreCrypto prices
More
