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Gate News, April 16—Pi Network is preparing to launch its V23 upgrade next month, introducing three major features: smart contracts, a DApp ecosystem, and a decentralized exchange (DEX). Currently, the network has more than 18 million users who have completed KYC verification, laying a solid foundation for the new features. The launch of smart contracts will enable developers to build and deploy applications on Pi Network for the first time, shifting the network from mining and user growth toward real-world use cases. The DApp ecosystem will allow developers to create games, financial tools, and marketplace platforms, while Pi DEX will enable users to trade tokens directly within the ecosystem without relying on external platforms. This upgrade marks a major shift for Pi Network: moving from the community-building phase to a stage focused on real utility and the development of an active ecosystem. $PI