Pi Network stories

Aug 5, 2026

Bitcoin Hovers Near $65,000 Amid Cautious Recovery and Strait of Hormuz Negotiations

Bitcoin traded between $62,200 and $65,000 during August 5-6, 2026, showing modest gains of around 0.9% as investors monitored potential U.S.-Iran negotiations over the Strait of Hormuz. Ethereum rose above $1,900 while Pi Network surged over 10% on protocol upgrades.

Aug 5, 2026·8 sources

May 2, 2026

Pi Network Sets May 11 Launch Date for Protocol 23 Smart Contract Upgrade

Pi Network announced May 11 as the activation date for Protocol 23, which introduces full smart contract functionality to the Pi blockchain, transitioning the network from mobile mining to programmable DeFi infrastructure.

May 2, 2026·2 sources

Top claims

▪The Protocol 26 upgrade is designed to improve contract safety, state management, interoperability, and cryptographic features on the Pi Network.
▪The Pi Core Team required Pi Network Mainnet node operators to install the Protocol 26 upgrade by August 11, 2026, to remain connected to the network.
▪Fabric Foundation announced that Pi Network joined RoboPay as a payment partner, enabling the PI token to be used to pay for robot services across the Fabric network.

Topics

Ethereum Bitcoin market analysis Crypto markets Strait of Hormuz blockage Protocol launches & ecosystem events

Sui blockchain

DeFi

Layer 1s

Smart contract platforms

Blockchain technology

Related entities

United States Strait of Hormuz Iran

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