PI is among the many few altcoins that haven’t plunged right this moment.
After efficiently implementing a number of consecutive protocol updates, the Core Crew behind the controversial venture famous earlier right this moment that the following one is already within the works.
On the similar time, the underlying token has posted a minor acquire since yesterday. Nevertheless, its broader efficiency continues to be fairly underwhelming.
Subsequent Replace Coming Quickly
The staff introduced the primary protocol replace of the yr on February 20, which introduced it to model 19.6. The following one, v19.9, adopted swimsuit on March 4, and the extremely anticipated v20.2 was efficiently migrated earlier than the neighborhood’s Pi Day (March 14). This one was significantly essential because it laid out the basics for enabling good contract capabilities.
This rollout will happen regularly, the staff mentioned, as they purpose to prioritize classes that align with utility-based product innovation and operations. The specifics will rely on the wants arising from the utility creation course of, they added.
With out offering a transparent deadline this time, Pi Community’s official X channel indicated that the v21 improve is coming, and node operators should guarantee their programs are “updated.” They added that extra directions shall be coming quickly.
The Pi Mainnet has efficiently upgraded to Protocol 20, laying the inspiration for supporting good contracts. Node operators, please guarantee your programs are updated and keep tuned for directions concerning the upcoming v21 improve.
— Pi Community (@PiCoreTeam) March 19, 2026
PI Resists Dropping Additional
Except for the aforementioned updates, all introduced previously month, the opposite massive information within the Pi Community neighborhood got here final week from Kraken. The veteran US alternate mentioned it could record the underlying token for buying and selling beginning March 13.
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The mixed results for PI have been instantaneous and fairly mind-blowing. The token exploded by virtually 100% within the span of simply days, and touched a five-month peak of round $0.30. Nevertheless, as soon as it certainly started buying and selling on Kraken, it suffered the implications of one other traditional buy-the-rumor, sell-the-news occasion.
It plummeted by over 30% at one level, and stored dropping worth to beneath $0.17 marked yesterday. Apparently, it has rebounded barely previously day (3%), whereas most different altcoins have suffered 3-5% losses.
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