Pi Network has launched smart contract capabilities on its Testnet, marking a significant step in its ecosystem development. This follows the migration to protocol v20.2, which set the stage for this advancement. The Core Team announced that the first smart contract capability is now live, aiming to foster utility-driven use cases such as e-commerce and streaming. The team also released the second Pi Request for Comment (PiRC2) to invite community feedback and technical review. While some community members view this as a positive development, others express concerns over unresolved issues like KYC verification and mainnet migration delays. Despite the announcement, Pi Network's native token remains stagnant at $0.17, far below its all-time high of $3. The token's price has not benefited from the broader market's recent resurgence, highlighting the need for significant catalysts to drive a rebound.
Pi Network Unveils Smart Contract Capabilities on Testnet Amid Mixed Reactions
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