Pi Network has stubbornly shuffled its protocol upgrade onto the shelf labeled Do It Now, nudging it closer to the moment you can actually write clever contracts without needing a wizard’s broom. In the Discworld of crypto, this is almost as exciting as a tax meeting with a dragon.
- Pi Network has deployed mainnet v21, edging the project toward full smart-contract sorcery and smoother performance.
- A testnet RPC server has appeared, allowing bold developers to build, test, and deploy dApps on the sidelines before the grand mainnet debut.
- Despite all the glitter, the Pi price remains in a mood, with a bearish breakdown nudging it toward the vicinity of 0.131 USD.
In an April 14 X post, the Pi Network crew confessed that the mainnet has been upgraded to version 21, bringing a bundle of performance enhancements that would make a bureaucrat smile and a code monkey sigh with relief.
This milestone is part of a parade of strategic improvements meant to broaden the ecosystem’s functionality. The most memorable one will be smart contracts, enabling developers to craft decentralized applications in a more efficient and scalable manner-like teaching dragons to code without breathing fire on the coffee machine.
As such, the Pi team urged node operators to update their systems to the latest software immediately. They also promised to share more details regarding the upcoming version 22, which is expected to further refine the network infrastructure-because apparently one upgrade is never enough for a creature that loves paperwork.
Another major development shared by the team is the launch of an RPC server on the Pi Testnet. This tool will enable developers to build, test, and deploy smart contracts before they go live on the main network. It will also smooth the integration with third-party wallets and analytical tools, because apparently wallets prefer coffee as well.
Once fully implemented, the upgrade will make Pi Network a direct competitor to other popular chains such as Ethereum or Solana, with the aim of boosting Pi token utility as new applications pop into existence like mushrooms after rain-and more curses for the tax collector.
Pi Network price analysis
Pi Network (PI) price initially rose a tad to about $0.167, only to surrender those gains and settle near $0.165 at the time of writing. The token has been in a gentle downtrend since late March, slipping roughly 15%.
On the daily chart, Pi Network price has formed a descending triangle, a notably bearish shape, over the past month. It confirmed a bearish breakout from the pattern as it fell below the lower horizontal trend line at $0.166.
Hence the path of least resistance for Pi Network price suggests a move downwards towards the Feb. 11 low of $0.131.
Momentum indicators such as the MACD and RSI strongly support the bearish forecast as they pointed downwards, suggesting that selling pressure remains dominant for now.
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2026-04-14 16:46