Pi Network’s Next Major Update Is Here, but PI Fails to Join Market Rally

The Core Team behind the favored undertaking revealed an necessary weblog submit earlier this week, noting that the community has now launched a Remote Procedure Call (RPC) server on Testnet. Moreover, it outlined the protocol improve to model 21.

These constructive developments have failed to affect the native token in any bullish method, because the asset continues to lose floor.

Pi Network’s New Updates

The RPC server on Testnet is an “necessary infrastructure milestone” supporting the event, testing, and future deployment of good contracts on the Pi Network blockchain. It complements the Node and Protocol upgrades announced on March 14 (Pi Day 2026), which noticed the Mainnet moved to protocol model 20 to set up the muse for such capabilities.

The weblog submit knowledgeable that the next improve to model 21 has been efficiently applied. The RPC server is an interface enabling purposes to talk with the blockchain by sending requests and receiving responses. It’s largely used to construct sensible good contract-based apps and helps two important forms of interactions:

• Read-only calls (no charges required): Developers can question good contract information, akin to account states, balances, or application-specific info, with out incurring fuel charges. These operations don’t modify blockchain state and may be executed immediately by the RPC endpoint.
• State-changing transactions (require charges): Operations that alter blockchain state, akin to executing contract logic or updating information, proceed to require normal transaction processing and related charges.

The crew added that many real-world use instances rely “closely on quick, free learn entry.” RPC server permits builders to construct responsive apps, check and simulate good contract habits, and combine backend companies and person interfaces with Pi blockchain.

PI Keeps Dropping

Following the basic ‘buy-the-rumor, sell-the-news’ occasion earlier than and after the Kraken itemizing a month in the past, throughout which PI pumped by 80% in days solely to crash to its place to begin, the token has failed to submit any important features. Data from CoinGecko reveals that it’s within the pink on a every day, weekly, and month-to-month scale, and at present struggles under $0.17, which has became a key resistance.

Nearly 8 million tokens on common are scheduled to be launched every day within the following month, which may intensify the speedy promoting strain. A number of days, between April 15 and 17, will see over 18 million cash launched every day. More exactly, roughly 62 million tokens shall be unlocked within the span of simply 72 hours.

The submit Pi Network’s Next Major Update Is Here, but PI Fails to Join Market Rally appeared first on CryptoPotato.