After consecutive weeks of persistently buying and selling downward, Pi Community’s native token has lastly staged a extra spectacular restoration over the previous 24 hours or so, surging to and simply over $0.18.
This got here as the general market’s well being has remained comparatively secure these days, but in addition following a brand new protocol replace deadline set by the group.
PI’s Rebound
It was simply over a month in the past when PI skyrocketed to nearly $0.30 from a place to begin of $0.18. Other than a number of of the updates that we are going to contact upon later on this article, the opposite main purpose behind that spectacular surge was the itemizing announcement from Kraken.
Nevertheless, as soon as the asset certainly went stay for buying and selling, it nosedived instantly in what turned out to be a traditional ‘sell-the-news’ occasion. It shortly returned to its place to begin and fell even decrease in April. Even after the whole crypto market began to rebound after the US/Iran ceasefire announcement final week, PI lagged for probably the most half and dipped to a multi-month low of below $0.165 a couple of days in the past.
Nevertheless, the bulls lastly intervened at this level and helped halt the free-falls. Furthermore, PI has emerged as one of many high gainers up to now day, surging by over 5% (and eight% weekly) to only over $0.18, which is a three-week peak. PI has re-entered the highest 50 alts by market cap as its personal is as much as $1.830 billion.
The New Deadline
The aforementioned new protocol replace deadline set by the group was introduced hours in the past, which reads that the Pi Mainnet will likely be upgraded to model 22 by April 27. As in all earlier updates, all Mainnet nodes have been instructed to make sure that they had accomplished this step to stay linked to the community.
The Pi Mainnet is upgrading to Protocol 22 – Deadline: Apr 27.
All Mainnet nodes are required to finish this step earlier than the deadline to stay linked to the community.
Particulars right here: https://t.co/9VehO7hhj1
— Pi Community (@PiCoreTeam) April 17, 2026
Recall that these main protocol updates started in late February, with the introduction of model 19.6. The following one, v19.9, was deployed in early March, whereas the essential v20.2 was introduced on Pi Day (March 14). It laid out the foundations of enabling sensible contract capabilities. Model 21 was efficiently accomplished in early April.
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