Pi Network Price Dips as Testnet Rolls Out First Smart Contract

2 hours ago 1

Rommie Analytics

  • Pi Network price dropped 6.99% and fell below $0.18.
  • Pi Testnet launched subscription smart contract support.
  • Price action showed stabilization after a sharp correction and failed rebound attempts.

After reducing over 20% weekly losses, the Pi Network price has resumed the downward trend in the last 24 hours. After opening with a high, Pi Network price has unlocked another dip, sending the price below $0.18. This fall in the price comes as the Pi Network has confirmed its first smart contract feature on the testnet.

Pi Testnet Adds Subscription Smart Contract Support

Pi Network introduced subscription support on Pi Testnet, marking its first smart contract capability. The release opens recurring payment testing for developers and businesses. Pi also published PiRC2 for review, bug checks, and community feedback before any Mainnet rollout.

The contract lets users approve a budget without signing every billing ev...

Read Entire Article