Pi Network Second Migration Kicks Off with Mandatory Protocol 21 Upgrade

The post Pi Network Second Migration Kicks Off with Mandatory Protocol 21 Upgrade appeared first on Coinpedia Fintech News

“Tap To Earn” Pi Network is entering its second migration phase with the mandatory Protocol 21 upgrade. The Pi Core Team also shared a clear roadmap toward Protocol 23.0, which will introduce smart contracts and DeFi features. Meanwhile, the Pi team warned that missing the deadline may disconnect nodes.

Pi Network Protocol 21 Set for 6th April

The Pi Network team has officially activated the second migration phase with the mandatory upgrade from Protocol 20.2 to 21.2. 

However, the Protocol 21 Upgrade (specifically version 21.2) mainly focuses on improving stability and making existing nodes run more efficiently, ensuring the network can handle higher traffic smoothly.

All mainnet node operators must upgrade their software to version 21.2 before the April 6 deadline. This ensures they remain synchronized and stay connected to the network.

Meanwhile, missing this deadline will disconnect nodes, so Pi enthusiasts are urged to act promptly.

What This Upgrade Unlocks

While features will roll out gradually, Protocol 21 lays the foundation for some key developments:

• Pi DEX – A native decentralized exchange for Pi and ecosystem tokens.
• On-chain Liquidity – Ability to swap $PI with other tokens directly on the network.
• Smart Contracts – Enabling advanced Web3 apps and decentralized projects.
• Improved Performance – Faster and more secure transactions for over 18 million users.

These improvements are designed to make the Pi Network more efficient, secure, and ready for real-world use, moving it closer to becoming a full-fledged blockchain ecosystem.

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Timeline Ahead For Pi Network Protocol Upgrades

This is the first step in a three-phase roadmap that will bring full smart contract functionality to the network. 

According to the official announcement, completing Protocol 21 will move the network closer to Protocol 22.1, scheduled for April 22, followed by Protocol 23.0 on May 18

These upgrades are important for smoothly introducing smart contracts, expanding DeFi features, and improving overall network stability.

As of now, Pi Network native token Pi coin price is trading around $0.174, trading nearly 78% below form its all-time high price.

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