{"id":44102,"date":"2026-05-20T06:04:11","date_gmt":"2026-05-20T06:04:11","guid":{"rendered":"https:\/\/cryptd.in\/breaking-pi-network-news-new-update-delayed-as-pi-price-recovery-stalls\/"},"modified":"2026-05-20T06:04:11","modified_gmt":"2026-05-20T06:04:11","slug":"breaking-pi-network-news-new-update-delayed-as-pi-price-recovery-stalls","status":"publish","type":"post","link":"https:\/\/cryptd.in\/fi\/breaking-pi-network-news-new-update-delayed-as-pi-price-recovery-stalls\/","title":{"rendered":"Breaking Pi Network News: New Update Delayed as PI Price Recovery Stalls"},"content":{"rendered":"<p>The latest highly anticipated protocol update for Pi Network has not gone live yet, even though the official deadline set by the team expired days ago.<\/p>\n<p>In the meantime, the native digital asset tried to rebound yesterday, but it was halted in its tracks and is down below another key support level.<\/p>\n<h2>Pi Update Goes Live<\/h2>\n<p>After the successful deployment of version 22, announced on May 1, the team behind the project noted that the next major upgrade <a href=\"https:\/\/cryptopotato.com\/pi-networks-new-deadline-what-does-the-next-big-update-mean-for-the-pi-token\/\">should be completed<\/a> by May 15. That date came and went, but there was no official confirmation from them, only some contradicting comments on X, whether it was or it wasn\u2019t implemented.<\/p>\n<p>The team finally shed some more light on its progress a few hours ago, indicating that \u201cmost major Nodes\u201d had upgraded to version 23. After it said \u201cbig kudos\u201d to those Mainnet Node operators who had successfully upgraded to the new version, it admitted that not all have done so and the protocol is still \u201cexpected to move to v23 soon.\u201d<\/p>\n<p>The team described the new update as one of the \u201cmost challenging\u201d to date, as it involves multiple \u201csubsystem upgrades and optimizations that required internal data processing.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Big kudos to Mainnet Node operators for upgrading to v23.<\/p>\n<p>Most major Nodes have now been upgraded, and the protocol is expected to move to v23 soon.<\/p>\n<p>This was one of the most challenging upgrades to date, as it involved multiple subsystem upgrades and optimizations that\u2026<\/p>\n<p>\u2014 Pi Network (@PiCoreTeam) <a href=\"https:\/\/twitter.com\/PiCoreTeam\/status\/2056924347588128967?ref_src=twsrc%5Etfw\">May 20, 2026<\/a><\/p>\n<\/blockquote>\n<p>Ahead of the expected version 23, the team successfully implemented version 22 in early May, as mentioned above; version 21 in April; version 20.2 in late March; and versions 19.9 and 19.6 in early March and late February, respectively.<\/p>\n<h2>PI Recovery Halted<\/h2>\n<p>The protocol\u2019s native token has been in a free-fall state for weeks now. It was rejected at $0.20 at the end of February and lost a few key support levels on its way down to under $0.15. It <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-plunges-to-new-3-month-low-despite-hype-around-game-changing-update\/\">plunged<\/a> to $0.145 a couple of days ago before the bulls briefly stepped up yesterday as the asset <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-token-finally-stabilizes-as-btc-rebounds-from-3-week-low-market-watch\/\">bounced<\/a> to $0.155.<\/p>\n<p>That recovery attempt couldn\u2019t last long, and even with the minor market uptick seen in the past hour or so, PI has fallen beneath $0.15 once again. Its weekly losses are at over 18%, and its market cap is well below $1.6 billion, making it the 54th-largest cryptocurrency by that metric.<\/p>\n<figure aria-describedby=\"caption-attachment-1437553\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/PI-6.png\"><img decoding=\"async\" class=\"wp-image-1437553 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/PI-6.png\" alt=\"Pi Network (PI) Price on CoinGecko\" width=\"882\" height=\"604\" \/><\/a><figcaption class=\"wp-caption-text\">Pi Network (PI) Price on CoinGecko<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>Virka <a href=\"https:\/\/cryptopotato.com\/breaking-pi-network-news-new-update-delayed-as-pi-price-recovery-stalls\/\">Breaking Pi Network News: New Update Delayed as PI Price Recovery Stalls<\/a> ilmestyi ensin osoitteessa <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The latest highly anticipated protocol update for Pi Network has not gone live yet, even though the official deadline set by the team expired days ago. In the meantime, the native digital asset tried to rebound yesterday, but it was halted in its tracks and is down below another key support level. Pi Update Goes [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":44104,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-44102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Breaking Pi Network News: New Update Delayed as PI Price Recovery Stalls - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/fi\/breaking-pi-network-news-new-update-delayed-as-pi-price-recovery-stalls\/\" \/>\n<meta property=\"og:locale\" content=\"fi_FI\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Breaking Pi Network News: New Update Delayed as PI Price Recovery Stalls - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The latest highly anticipated protocol update for Pi Network has not gone live yet, even though the official deadline set by the team expired days ago. In the meantime, the native digital asset tried to rebound yesterday, but it was halted in its tracks and is down below another key support level. 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