#PI November 20, 2025 is a key node for Pi Network, with two core important developments on that day and around it, including the Mainnet upgrade and DEX launch, as detailed below:

1. The Mainnet connects to the V23 large model and launches the 9 Green Layered Migration: Starting from November 20, the Pi Network Mainnet will fully connect to the V23 large model, which can improve the efficiency of the Mainnet converters and automate processes such as asset migration. At the same time, the 9 Green Migration Plan will be initiated, allowing users who have completed the supplementary assessment with "8 Green 9 Yellow" and those whose assessment timer shows "184 days 01 second" to migrate first. Subsequently, from December 9 to 31, the system will also push assessments to other eligible users.

2. Decentralized Exchange (DEX) Expected Launch: Pi Network's DEX is expected to go live between November 20 and 22, with a likelihood of 82.7% - 92.4%. Currently, Proposal 20 has been approved, and the DEX contract has resumed operation. Once launched, it will bring Pi into a transparent trading phase, and analysts predict it could drive the price of Pi to break through $0.30 - $0.35, with potential to approach $0.50 later.