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Pi Network News and PI Token Price Moves: April 14
TL;DR
Pi Network has completed its latest update to version 21, moving closer to smart contract capabilities. However, the native PI token continues to struggle and has not participated in the current market rally.
Key points
- Pi Network updated to version 21.
- The update enhances smart contract capabilities.
- PI token did not join the market rally.
- Version 22 is already in development.
Pi Network’s team announced the completion of the latest update, which moved the protocol to version 21 and brought it even closer to the promised smart contract capabilities.
They also published a few key clarifications and a new Testnet feature, but the native token continues to struggle and has failed to join the market-wide rally today.
The Latest
Our last overall update on Pi Network’s ecosystem informed that the protocol had already moved off the previous versions 19.6, 19.9, and even 20.2. The last one was anticipated the most since it laid out the foundations for smart contract functions.
The next one, v21, was supposed to be introduced by April 6. Although the team didn’t confirm the completion by that date, they did it in a subsequent post a few days later and doubled down yesterday. As with the previous ones, node operators were advised to make sure their systems are up to date. The team also promised that the v22 upgrade is in the making.
The Pi Mainnet has successfully upgraded to Protocol 21.
Node operators, please ensure your systems are up to date and stay tuned for instructions regarding the upcoming v22 upgrade.
— Pi Network (@PiCoreTeam) April 14, 2026
The other big development was focused on an RPC server for Pi Testnet. It was introduced a few weeks ago, but the team clarified earlier this week that it supports development, testing, and future deployment of smart contracts within the broader ecosystem.
It also enables devs to “build responsive applications, test contract behavior, and integrate services using real-time blockchain data.” Third-party services and node operators are able to run their own RPC servers as well, the team explained.
Pi Token’s Price Moves
The project’s native token experienced its most significant revival in months in March ahead of a major listing announcement on Kraken. As the hype took over, the asset flew by nearly 100% in days and $0.30 for the first time this year.
Q&A
What is the significance of Pi Network's version 21 update?
The version 21 update brings Pi Network closer to implementing smart contract capabilities, which are crucial for its ecosystem.
Why is the PI token struggling despite the latest updates?
Despite the recent updates and improvements, the PI token has failed to join the broader market rally, indicating ongoing challenges in its adoption and value.
What future updates are planned for Pi Network after version 21?
The Pi Network team has announced that they are already working on the next upgrade, version 22, following the completion of version 21.
