Pi Network Prepares Testnet2 v23 Upgrade as Wallet Maintenance Begins

Pi Network is preparing a new protocol upgrade. Testnet2 is set to move to version 23. As part of that process, wallet maintenance has already begun. Some users noticed temporary pauses and alerts across the ecosystem. According to community updates, the team expects this maintenance. The Pi core team had earlier warned that the upgrade could briefly affect services. That includes wallet access and, in some cases, exchange activity. 

As a result, several platforms paused Pi-related operations. OKX was mentioned specifically in earlier notices. However, community members stressed there is no reason to panic. The upgrade is part of normal network development. Wallet notices say the team intended the suspension to improve security. The exchange will resume withdrawals once maintenance ends. The team set the estimated recovery time for later today.

Why Protocol v23 Matters

Protocol upgrades are not cosmetic changes. They often touch the core of how a network runs. In Pi’s case, v23 is expected to strengthen infrastructure and prepare the ecosystem for broader use. Community developers describe this phase as another step toward a more complete mainnet environment. They point to improvements in node control, protocol stability, and ecosystem tools.

Importantly, Pi Network has followed a gradual approach. Features roll out in stages. Each layer gets tested before the next goes live. Supporters argue this reduces long-term risk, even if short-term pauses feel inconvenient. In other words, the slowdown today is meant to prevent bigger problems tomorrow.

Wallet Updates and Banking Features Expand

At the same time, new wallet features are quietly rolling out. Pi Network Info accounts reported that users can now link bank accounts to their wallets in some regions. Currently, the system enables wallet purchases. Over time, users may also gain the ability to transfer funds to banks. The team also plans support for multiple assets and currencies. If confirmed at scale, this would mark a major shift. Wallets would move beyond storage and into daily financial use. That includes payments, transfers and asset management. The company encourages users to follow official channels for confirmed updates.

Community Buzz Grows, But Caution Remains

As usual, major upgrades bring loud opinions. Some community posts made bold claims about Pi Network’s future value and global role. Others linked Pi’s progress to broader conversations about outdated financial systems. Still, experienced users urged caution. They reminded newcomers that not all posts reflect official positions. Speculation spreads fast during upgrades. Facts move slower.

What is clear is this. Pi Network continues to build during market noise. Smart contracts, nodes, wallets, and apps are evolving together. The Testnet2 v23 upgrade fits into that pattern. Currently, the team advises users to stay patient. Wallet access should return once maintenance ends and as always, the safest source of truth remains Pi Network’s official announcements. Progress may feel slow. But for many in the community, steady progress beats sudden hype every time.