Pi Network Gears Up for Another Major Upgrade as PI Resists Market Drop
After efficiently implementing a number of consecutive protocol updates, the Core Team behind the controversial venture famous earlier at present that the following one is already within the works.
At the identical time, the underlying token has posted a minor achieve since yesterday. However, its broader efficiency continues to be fairly underwhelming.
Next Update Coming Soon
The group announced the primary protocol replace of the yr on February 20, which introduced it to model 19.6. The subsequent one, v19.9, followed suit on March 4, and the extremely anticipated v20.2 was efficiently migrated earlier than the group’s Pi Day (March 14). This one was notably vital as it laid out the basics for enabling sensible contract capabilities.
This rollout will happen step by step, the group stated, as they intention to prioritize classes that align with utility-based product innovation and operations. The specifics will depend upon the wants arising from the utility creation course of, they added.
Without offering a transparent deadline this time, Pi Network’s official X channel indicated that the v21 improve is coming, and node operators should guarantee their methods are “updated.” They added that extra directions might be coming shortly.
The Pi Mainnet has efficiently upgraded to Protocol 20, laying the muse for supporting sensible contracts. Node operators, please guarantee your methods are updated and keep tuned for directions relating to the upcoming v21 improve.
— Pi Network (@PiCoreTeam) March 19, 2026
PI Resists Dropping Further
Aside from the aforementioned updates, all introduced up to now month, the opposite massive information within the Pi Network group got here final week from Kraken. The veteran US alternate stated it might checklist the underlying token for buying and selling beginning March 13.
The mixed results for PI have been on the spot and relatively mind-blowing. The token exploded by virtually 100% within the span of simply days, and tapped a five-month peak of round $0.30. However, as soon as it certainly started buying and selling on Kraken, it suffered the results of one other basic buy-the-rumor, sell-the-news occasion.
It plummeted by over 30% at one level, and saved shedding worth to below $0.17 marked yesterday. Interestingly, it has rebounded barely up to now day (3%), whereas most different altcoins have suffered 3-5% losses.
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