⚡Breaking News: The Pi testnet has been upgraded to Protocol 23!

Based on the features of Stellar Protocol 23, we can infer that the Pi Network testnet now supports the following:

1. Asset Buyback Function – supports token burning.

2. Seamless Cross-Chain Bridge – enabling interoperability with Ethereum, Solana, and other major blockchains.

3. Advanced Smart Contracts – capable of deploying complex contracts such as sophisticated NFTs, DeFi ecosystems, and beyond.

4. High Transaction Throughput – processing over 5,000 TPS, with the next goal being 10,000+ TPS (for reference, Solana handles only 3k–4k TPS in real economic activity, meaning Pi at 5k TPS can already fully support large-scale commercial applications).

5. Full State Archiving – addressing storage demands brought by massive-scale business applications.

6. Parallel Transaction Execution – further optimizing and boosting mainnet throughput.

Of course, there may be additional advanced features not yet summarized, not publicly announced, or still under development. The potential of the Pi Network is truly enormous.

We warmly invite the world’s top developers to build super dApps on the Pi Network ecosystem. With over 55 million active users, the Pi community represents an unparalleled user base any project would dream of reaching. Combined with Pi Network’s continuously improving mainnet performance—secure, stable, compliant, high-performance, and developer-friendly—this is exactly the vision Pi Network strives to achieve.

Together, we will bring about a great crypto revolution. 🚀

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