Pi Network's price surged by over 16% within 24 hours, boosting its market cap to $2.2 billion. This increase follows the Testnet2 v23 upgrade, which introduced smart contracts and DeFi tools, enhancing the network's capabilities. The upgrade aligns with Pi Network's modified Stellar consensus protocol. Additionally, the network has achieved over 3.36 million KYC verifications, with 2.69 million users already transitioned to the Pi Mainnet. In October, nearly 10 million tokens were withdrawn from exchanges, reducing the total exchange supply to 410 million.