Pi Network Sets Deadline for Protocol Upgrade as Price Slips Near All-Time Low
BeInCrypto
Pi Network has mandated a May 15 deadline for mainnet nodes to upgrade to Protocol 23, introducing native smart contract support.Summary
Pi Network has announced a May 15 deadline for all mainnet nodes to complete the Protocol 23 upgrade. This critical update, built on Stellar Core 23, enables full smart contract support and decentralized applications for the first time on the blockchain. Nodes that fail to upgrade risk being removed from the network and losing their ability to validate transactions or earn rewards. Despite the technical progress, the token's price remains near all-time lows, following a pattern where upgrades often trigger short-term volatility followed by selling pressure from profit-takers.
(Source：BeInCrypto)