Recent Pi Network (PI) Updates, Solana (SOL) Warning, and More: Bits Recap July 31

The team behind Pi Network set a deadline for its next big upgrade, while Solana’s native token risks plunging to as low as $50.

Bitcoin (BTC) may also head south, but interestingly, some analysts believe such a move could actually benefit the bulls.

Pi Network’s Announcement

The Core Team has been on a tear since the start of 2026, unveiling several major ecosystem improvements. The latest was the migration to protocol version 25, which was supposed to be deployed earlier this month.

Pi Network’s team did not disclose the move on X or on its website, yet multiple users claimed that it was in effect. The project has now shifted its attention to the next protocol update (version 26), setting August 11 as the deadline.

“All Mainnet note operators must complete the upgrade before the deadline to remain connected to the network,” the post reads.

The team also shared additional details about its Pi Launchpad model. It explained that in this ecosystem, projects issue tokens as tools to acquire users for their applications and integrate those coins directly into product functionality, such as rewards, payments, access, and governance.

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