Pi Network Must Upgrade, Protocol 21 Ready to Pave the Way to Smart Contracts and DeFi

Jakarta, Pintu News – Pi Network (PI) is back in the spotlight in the crypto industry after beginning its second migration phase through a mandatory Protocol 21 upgrade. This move is an important part of a larger roadmap aimed at bringing Pi Network towards a more mature and functional cryptocurrency ecosystem. Pi Network’s core team emphasized that this upgrade not only improves the network’s performance, but also lays the foundation for the arrival of DeFi and smart contract features.

Protocol 21 Upgrade Required Before April 6

Pi Network officially activated the second migration phase by requiring all nodes to upgrade from Protocol 20.2 to the latest version 21.2. This upgrade is focused on improving network stability and node operational efficiency, so that it can better handle spikes in user activity. With more than 18 million users, this performance improvement is crucial to keep the network running optimally.

All mainnet node operators are required to update before the April 6 deadline. Otherwise, nodes that have not been updated risk being disconnected from the network and losing synchronization. The Pi Network team is also reminding the community to upgrade immediately to avoid operational disruptions.

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The Foundation Towards Pi DEX, DeFi, and Smart Contracts

Although new features will be released gradually, Protocol 21 is an important foundation for the development of various innovations on the Pi Network. One of the most anticipated features is Pi DEX, a decentralized exchange that allows users to trade Pi coin (PI) and other tokens directly on the network. In addition, users will also be able to swap tokens on-chain without the need for a third party.

Not only that, this upgrade also paves the way for the implementation of smart contracts that will enable the development of Web3 applications within the Pi ecosystem. With smart contracts, Pi Network can support various use cases such as DeFi, NFT, and other decentralized financial services. This marks the transformation of Pi from a mere “tap-to-earn” application to a more complex and valuable blockchain platform in the crypto world.

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Roadmap to Protocol 23 and the Future of the Pi Network

The Protocol 21 upgrade is just the initial stage of the roadmap that the Pi Network team has laid out. Once this stage is complete, the network will move on to Protocol 22.1 which is scheduled for release on April 22, followed by Protocol 23.0 on May 18. Protocol 23 is an important milestone as it will bring full support for smart contracts on the network.

This series of upgrades is designed to ensure a smooth transition to a more advanced and stable ecosystem. With a phased approach, Pi Network seeks to minimize technical risks while improving network readiness in the face of wider adoption.

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Reference

• Coinpedia. Pi Network Second Migration Kicks Off With Mandatory Protocol 21 Upgrade. Accessed on March 30, 2026
• Featured Image: Coinpedia