Overview
- PI gained more than 7% on March 20 to trade above $0.19 after a steep three-day slide that followed its Kraken listing rally toward $0.30.
- Pi Network recently completed version 20/20.2, establishing base-layer smart contract support, and developers have signaled that version 21 is coming soon.
- Node operators were instructed to keep systems updated ahead of v21, keeping operational readiness in focus for the next phase of the mainnet.
- PiScan data flagged a lighter near-term unlock pace overall with an exception on March 20, when roughly 16 million coins were scheduled to be released.
- Technical readings stayed cautious with PI below the 50-, 100- and 200-day moving averages, while $0.176 was cited as a key support level in the near term.