Pi Network has successfully completed its upgrade to version 20.2, marking a significant step towards enabling smart contract capabilities. The Core Team announced the completion of the migration, which was finalized within the original timeframe, as part of their ongoing protocol enhancements. Despite the upgrade's potential to revolutionize the network, PI's price has sharply declined. Following a brief rally driven by the upgrade announcements and a listing on Kraken, PI's price surged from $0.20 to nearly $0.30. However, the token has since experienced a dramatic sell-off, dropping to below $0.175, a nearly 50% decrease in just a few days. The upcoming token unlock schedule suggests limited releases, with a significant unlock of 16 million coins expected on March 20.
Pi Network Completes V20.2 Upgrade, PI Token Plummets 50%
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