Pi Network has issued an official notice to node operators, requiring them to complete the mandatory upgrade of the agreement version 22.1 (v22.1) by April 27, 2026; otherwise, they face the risk of their nodes being cut off from network connectivity. According to a Pi Network announcement, this upgrade must be carried out in strict version order. Currently, the system is running on version 21.2; the next step is to upgrade to v22.1, and no versions may be skipped.

Pi Network completed a token unlock on April 18, releasing about 5.3 million Pi tokens, which boosts market liquidity, but also sparks discussion about supply-and-demand pressure. The unlocking plan is intended to control market supply and support ecosystem development. The long-term impact will depend on how quickly the token’s utility expands through real-world applications. If demand and supply can grow in step, the price impact will be limited; otherwise, it may face pressure.

Pi Network’s official announcement says there are currently more than 18 million users who have completed KYC, emphasizing that verified users matter more in transactions than other unverified accounts. The core team believes identity verification is crucial to transaction trust, and therefore has built a mainnet ecosystem with full KYC verification to ensure identities are verifiable, reduce spam, and improve overall credibility.

The Altseason Index shows a compression pattern that often precedes strong market expansion. XRP reflects stability, while Aptos and Sui show higher growth but increased volatility. Pi remains speculative due to unclear liquidity and limited exchange presence. The altcoin market is

Pi Network officially went live with Protocol 23 on May 18, bringing smart contracts, real-world asset tokenization, and the AI App Studio, enabling Pi to transform from a payment token into a programmable blockchain infrastructure. The protocol covers four major functions, similar to Ethereum, and is expected to attract institutional investors. The upgraded node milestones signal market confidence and may affect Pi’s price performance.

Pi Network distributes 26.5 million PI tokens to more than 1 million community members who have completed KYC verification, to accelerate user identity verification and strengthen the decentralized model. 18 million already-verified users have laid the groundwork for the ecosystem’s development, but the key lies in how to convert these users into active participants. With the protocol upgrade, Pi Network is moving toward the open network phase, and smart contract support signals richer application scenarios.

Pi Network has taken another step forward in building its ecosystem. The project recently distributed 26.5 million PI tokens to more than 1 million KYC validators. These rewards were given to users who helped verify identities on the network. This process is important. Because it ensures that

Pi Network member Daniel F raised a logical contradiction in the PIRC token design, noting that if it has a 23.8% floor protection, it would need to behave like a stablecoin, which conflicts with its high volatility on CEX. This floor is based on Pi’s price calculations; if Pi itself fluctuates significantly, it will be unable to effectively protect holders. Daniel emphasized the importance of transparency, but the project team did not respond to it, leading the community to continue speculating about the reasons for its silence.

The Pi Network ecosystem is accelerating its transition, with more than 210 active applications and 23,000 developers actively participating in Pi Studio, spanning multiple areas such as payments, community engagement, education, and gaming. The ecosystem’s diversity shows indicators of healthy development, and developers’ engagement is driving ongoing application optimization. In the future, improving the usefulness of the mainnet will be a key challenge, including issues that need to be urgently addressed such as scalability, security, and user adoption rates.

Pi Network has taken another step to improve its system for developers. The project has launched a new RPC server upgrade on its Testnet, making it easier to build and test apps on the network. This update allows node operators to run their own RPC servers In simple words, developers no longer