Gate News updates: Pi Network is pushing forward with key technology upgrades and plans to launch cross-chain bridge functionality to enable interoperability with other blockchains. This progress is seen as an important milestone toward an open Web3 ecosystem, with the potential to change the current relatively closed mode of operation.
According to the latest disclosures, the cross-chain bridge will support the transfer of assets between different networks, giving Pi Coin greater flexibility at the application layer. Developers will also be able to use this to connect more external resources, thereby expanding DeFi, payments, and on-chain service use cases. In addition, the project team is introducing a KYB (Know Your Business) verification mechanism, allowing Web2 and Web3 enterprises to complete certification and then connect directly to the Pi wallet ecosystem, further enriching ecosystem applications.
On the technical roadmap, Pi Network is also advancing the development of smart contract functionality. Once implemented, developers will be able to build decentralized applications, including financial protocols, games, and various on-chain tools. If combined with cross-chain capabilities, it will significantly enhance the network’s scalability and practical value. However, these features are expected to be rolled out gradually after further refinement on the mainnet.
At the infrastructure layer, Pi Coin has recently launched a testnet RPC interface and completed multiple node upgrades, such as Protocol 21, to improve network stability and development efficiency. On-chain data shows that more than 10 billion Pi Coins have already migrated to the mainnet, but circulating supply remains limited, and a large number of tokens are in a locked state.
From its development path, Pi Network is trying to build a complete multi-chain ecosystem by attracting more developers and users through the cross-chain bridge, smart contracts, and an enterprise onboarding mechanism. However, the related functionality has not yet been fully rolled out, and the execution timeline remains a key variable. If subsequent upgrades proceed smoothly, Pi is expected to gain new growth opportunities in a highly competitive Web3 market.
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