Pi Network has begun its second migration phase with the Protocol 21 upgrade, setting an April 6 deadline for mainnet node operators to update and remain connected. The step prepares the network for later features such as smart contracts and DeFi functionality.
Summary
– Mainnet nodes must upgrade to Protocol 21.2 before April 6.
– Protocol 22.1 is scheduled for April 22, with Protocol 23.0 planned for May 18 and smart contract support to follow.
– Pi traded near $0.174 as RSI and MACD signaled weak momentum and sellers remained dominant.
The move comes as Pi’s token traded around $0.174, far below its all-time high, with market participants awaiting the next upgrade stages. The Pi Core Team warned nodes that miss the April 6 deadline may lose network connection, pressuring operators to update their software to avoid disruption.
Protocol 21 is presented as a base-layer stability and efficiency upgrade rather than a full feature release. It aims to improve node synchronization and the network’s capacity to handle heavier traffic, setting the foundation for broader functionality in subsequent protocol versions.
According to the team’s roadmap, Protocol 22.1 is slated for April 22 and Protocol 23.0 for May 18. Those upgrades are expected to introduce smart contract capabilities and related infrastructure, including a Pi DEX, on-chain liquidity tools, and expanded support for decentralized applications, with the goal of improving transaction flow and widening use cases.
On the price front, daily chart indicators showed a mildly bearish setup. The RSI was about 45.29, below the neutral 50 level and under its moving average of 47.54, indicating weak momentum without an oversold reading. The MACD line remained below the signal line, and the negative histogram suggested sellers still controlled the trend, though downside pressure had begun to ease.
