Pi Network Sets April 27 Deadline for V22 Upgrade, PI Price Rises 6%

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Pi Network has set April 27 as the final date for mainnet node operators to complete the network upgrade to Protocol 22, or face disconnection. The announcement lifted PI price over 6% to $0.1815. About 177.01 million PI tokens, or 2.96% of the locked supply, will unlock in the next 30 days. Protocol 22 brings a dual-interface design to boost desktop participation. The blockchain upgrade is part of Pi’s mainnet rollout, with V23 expected to add smart contract support.

Key Insights:

  • Pi Network set April 27 deadline for nodes to upgrade to Protocol 22 or risk disconnection from mainnet operations.
  • PI price rose over 6% to around $0.1815, with intraday highs near $0.1824 following the upgrade announcement.
  • About 177.01 million PI tokens, 2.96% of locked supply, are set to unlock over 30 days.

Pi Network has set April 27 as the deadline for mainnet node operators to move to Protocol 22. The team said operators who miss the switch will lose their network connection. The update arrives after the earlier Protocol 21 transition and has pushed Pi coin higher in the latest session. At the time of writing, PI traded near $0.1815 after a daily gain of about 6.75%.

Pi Network April 27 Deadline Puts Focus on Node Migration

Pi Network said all mainnet nodes must complete the required step before April 27 to stay connected. The team shared the notice on X and called on operators to act before the cutoff date. The move adds urgency for current participants, as disconnected nodes will no longer remain active on the network.

The upgrade is part of the project’s next mainnet phase. Protocol 22 is scheduled to go live on April 22, with April 27 as the final deadline for node operators to complete the switch. This timeline focuses on the coming days as the network moves toward broader system change.

Pi network deadline follows the Protocol 21 transition earlier this month. That earlier rollout also included a hard cutoff for operators and triggered a brief rise in PI coin’s price. However, that move did not last, as the token later gave back part of its gains after the upgrade was completed.

This pattern now places more attention on whether Protocol 22 can support a steadier move in the token.

Protocol 22 Adds New Desktop and Node Functions

Protocol 22 introduces a dual-interface setup through a node interface and the desktop Pi App. This structure allows users to access balances, chat, and ecosystem tools on computers. The new layout also aims to make desktop participation more practical for the network’s user base.

The update also lets node operators install the blockchain component and join validation activity. Pi Network said the rollout will occur in phases rather than a single release. This process begins with a selection stage in which the core team reviews node reliability and connectivity.

Only nodes that meet the project’s conditions will move deeper into participation. The team also said KYC compliance remains mandatory for successful completion. That requirement keeps identity checks tied to access as the network continues its mainnet expansion.

Protocol 22 also serves as a step toward the expected V23 release. According to the project’s roadmap, V23 is expected to bring smart contract capability. That addition would allow developers to build applications directly on the network and could widen use cases if the rollout stays on schedule.

Pi Coin Price Outlook Shifts to Resistance and Token Unlocks

PI coin price rallied over 4% to $0.18 level after the update, with intraday trading reaching about $0.1824. The rebound came alongside broader strength in the crypto market. Even so, price action is now close to a technical barrier that may determine the next move.

PIUSD 1-Day Chart | Source: CMC
PIUSD 1-Day Chart | Source: CMC

The 100-day EMA near $0.1865 remains the key short-term resistance level. If PI breaks and holds above that point, the next level traders may track stands near the 61.8% Fibonacci retracement at $0.214. If the token fails to clear resistance, price may pull back after the recent jump.

Supply data has also entered the discussion around Pi coin price prediction. PiScan data shows that about 177.01 million PI tokens are set for release over the next 30 days. That figure equals 2.96% of total locked tokens, which is lower than earlier unlock periods.

The post Pi Coin Price Prediction As Network Sets Deadline for V22 Upgrade appeared first on The Market Periodical.

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