{"id":39314,"date":"2026-03-28T07:33:06","date_gmt":"2026-03-28T07:33:06","guid":{"rendered":"https:\/\/cryptd.in\/pi-networks-pi-token-dumps-13-weekly-as-team-announces-crucial-deadline-ahead\/"},"modified":"2026-03-28T07:33:06","modified_gmt":"2026-03-28T07:33:06","slug":"pi-networks-pi-token-dumps-13-weekly-as-team-announces-crucial-deadline-ahead","status":"publish","type":"post","link":"https:\/\/cryptd.in\/pt\/pi-networks-pi-token-dumps-13-weekly-as-team-announces-crucial-deadline-ahead\/","title":{"rendered":"Pi Network\u2019s PI Token Dumps 13% Weekly as Team Announces Crucial Deadline Ahead"},"content":{"rendered":"<p>The Core Team behind the controversial blockchain project has outlined the deadline for the completion of the next major upgrade, which should take place in the next week or so.<\/p>\n<p>However, the protocol\u2019s native token continues to bleed, dropping over 3% in the past day and dumping by double-digits weekly. It has erased essentially all gains charted during the post-Kraken-announcement rally.<\/p>\n<h2>Next Update Deadline<\/h2>\n<p>The big protocol updates for Pi Network began in late February when the team <a href=\"https:\/\/cryptopotato.com\/long-anticipated-pi-network-update-is-finally-here-what-pioneers-need-to-know\/\">announced<\/a> the migration to version 19.6. The next one, v19.9, <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-price-jumps-8-5-after-latest-updates-details\/\">followed<\/a> suit in early March. The most anticipated upgrade was version 20.2, which drew significant attention as it laid the groundworks for smart-contract capabilities, which would allow Pi Network to become a fully functional blockchain ecosystem.<\/p>\n<p>After it was successfully <a href=\"https:\/\/cryptopotato.com\/pi-network-core-team-celebrates-pi-day-2026-heres-what-every-pioneer-needs-to-know\/\">upgraded<\/a> by Pi Day (March 14), the team set its sights on the next big move \u2013 moving to protocol 21. However, it didn\u2019t initially provide a specific timeframe for completion, which led some community members to question the actual implementation.<\/p>\n<p>Nevertheless, the Core Team outlined in a post on X hours ago that the Pi Network Mainnet has begun the process of upgrading to protocol 21, and the deadline is April 6. As with all previous such updates, they urged all Mainnet nodes to \u201ccomplete this step before the deadline to remain connected to the network.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The Pi Mainnet is upgrading to Protocol 21 \u2013 Deadline: Apr 6. All Mainnet nodes are required to complete this step before the deadline to remain connected to the network. Details here: <a href=\"https:\/\/t.co\/9VehO7hhj1\">https:\/\/t.co\/9VehO7hhj1<\/a><\/p>\n<p>\u2014 Pi Network (@PiCoreTeam) <a href=\"https:\/\/twitter.com\/PiCoreTeam\/status\/2037674677628252641?ref_src=twsrc%5Etfw\">March 27, 2026<\/a><\/p>\n<\/blockquote>\n<h2>PI Still Tanks<\/h2>\n<p>Perhaps due to the aforementioned updates or, more likely, because of Kraken\u2019s <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-token-listed-on-major-exchange-ahead-of-pi-day-details\/\">decision to list<\/a> the underlying asset for trading, the PI token went on a wild run in mid-March. At one point, just after Kraken\u2019s announcement, it <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-price-explodes-30-today-heres-why\/\">skyrocketed<\/a> by 30% in 24 hours. Overall, it jumped by nearly 100% in days and marked a multi-month peak of nearly $0.30.<\/p>\n<p>However, once the actual listing became official, it turned out to be another classic sell-the-news event, and PI crashed to under $0.20 instantly. It has remained mostly below that level ever since. It\u2019s now down to under $0.175 after another 3% drop in the past day, as it has lost 13% of its value weekly.<\/p>\n<p>Data from PiScan shows that the average daily unlock of PI tokens will be relatively high for the next month, close to 7 million. There will be several days with over 10 million coins to be released, which is something that could intensify the immediate selling pressure and lead to further declines.<\/p>\n<figure aria-describedby=\"caption-attachment-1432894\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-28-092833.png\"><img decoding=\"async\" class=\"wp-image-1432894 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-28-092833.png\" alt=\"Pi Token Unlock Schedule. Source: PiScan\" width=\"1319\" height=\"524\" \/><\/a><figcaption class=\"wp-caption-text\">Pi Token Unlock Schedule. Source: PiScan<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>A publica\u00e7\u00e3o <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-token-dumps-13-weekly-as-team-announces-crucial-deadline-ahead\/\">Pi Network\u2019s PI Token Dumps 13% Weekly as Team Announces Crucial Deadline Ahead<\/a> apareceu primeiro em <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Core Team behind the controversial blockchain project has outlined the deadline for the completion of the next major upgrade, which should take place in the next week or so. However, the protocol\u2019s native token continues to bleed, dropping over 3% in the past day and dumping by double-digits weekly. It has erased essentially all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-39314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pi Network\u2019s PI Token Dumps 13% Weekly as Team Announces Crucial Deadline Ahead - 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\/pt\/pi-networks-pi-token-dumps-13-weekly-as-team-announces-crucial-deadline-ahead\/\" \/>\n<meta property=\"og:locale\" content=\"pt_PT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pi Network\u2019s PI Token Dumps 13% Weekly as Team Announces Crucial Deadline Ahead - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The Core Team behind the controversial blockchain project has outlined the deadline for the completion of the next major upgrade, which should take place in the next week or so. 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