Pi Network has started the second phase of its network migration, rolling out an important update called Protocol 21.
The upgrade requires all mainnet node operators to update to version 21.2 before April 6. If they don’t, they risk being disconnected from the network.
According to the Pi Core Team, this update is mainly about improving stability and efficiency. In simple terms, it helps the network handle more activity while keeping everything running smoothly.
But this is just the beginning.
The team says Protocol 21 is a foundation for bigger features coming soon. The roadmap shows that Protocol 22.1 is expected later in April, followed by Protocol 23.0 in May. These future updates are planned to introduce smart contracts and expand the network into areas like DeFi.
That could include things like a Pi-based decentralized exchange (DEX), better liquidity tools, and support for apps built directly on the network.
While the technology is moving forward, the market is still cautious.
Pi is currently trading around $0.174, which is far below its previous highs. This shows that investors are waiting to see real progress before becoming more confident.
Technical indicators also suggest weak momentum. The RSI is below the neutral level, meaning there isn’t strong buying pressure right now. At the same time, the MACD indicator shows sellers still have the upper hand, although the downward pressure is starting to slow.
In short, Pi Network is making important technical progress, but the market is still watching carefully. The next few updates—especially those bringing smart contracts—could play a big role in shaping its future.
