Pi Network Sets May 15 Deadline for Protocol 23 Upgrade

2026-05-02 19:15

Pi Network has announced a May 15 deadline for its latest protocol update, version 23. This upgrade is crucial for all Mainnet nodes, which must complete the necessary steps to remain connected to the network. The update follows a series of recent upgrades, including version 20.2, which introduced smart contract capabilities. The native PI token has stabilized around $0.18, though it has shown volatility in response to internal developments. Last week, PI surged from $0.17 to $0.20 amid anticipation of the protocol update, despite broader market stagnation. The upcoming upgrade may influence further price movements as the community prepares for its implementation.

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