{"id":41987,"date":"2026-05-02T03:49:40","date_gmt":"2026-05-02T03:49:40","guid":{"rendered":"https:\/\/cryptd.in\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\/"},"modified":"2026-05-02T03:49:40","modified_gmt":"2026-05-02T03:49:40","slug":"pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update","status":"publish","type":"post","link":"https:\/\/cryptd.in\/sv\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\/","title":{"rendered":"Pi Network\u2019s PI Token Rebounds Swiftly as Team Confirms Long-Awaited Update"},"content":{"rendered":"<p>Despite a slight delay, the Core Team behind the controversial project finally announced the completion of the next major protocol upgrade and hinted at the migration to the next one.<\/p>\n<p>At the same time, the ecosystem\u2019s native token rebounded nicely after the painful crash from earlier this week.<\/p>\n<h2>V21 Is Here<\/h2>\n<p>The Core Team began <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-news-today-april-23\/\">highlighting<\/a> the frequent protocol updates in late February, upon the successful migration to version 19.6. V 19.9 followed suit a few weeks later, while the highly anticipated v20.2, which laid out the foundations for smart contract capabilities, arrived by March 14 (known as PiDay).<\/p>\n<p>Version 21 came in early April, and the team set a deadline of April 27 for the completion of the next one (version 22). Although they failed to announce its successful migration by that date, numerous accounts on X speculated that it had been done as their applications displayed it. Nevertheless, the team confirmed the speculations online on May 1, indicating, as always, that node operators must ensure their systems are up to date to continue operating on the blockchain.<\/p>\n<p>Moreover, the post hinted at the next upgrade on the roadmap (v23) but didn\u2019t provide a specific deadline for its completion.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Network Update: The Pi Mainnet has successfully upgraded to Protocol 22!<\/p>\n<p>Node operators, please ensure your systems are up to date and stay tuned for instructions regarding the upcoming v23 upgrade.<\/p>\n<p>\u2014 Pi Network (@PiCoreTeam) <a href=\"https:\/\/twitter.com\/PiCoreTeam\/status\/2050249791259455853?ref_src=twsrc%5Etfw\">May 1, 2026<\/a><\/p>\n<\/blockquote>\n<h2>PI Rebounds<\/h2>\n<p>The project\u2019s native token went on an impressive run in the middle of the business week in a rather unexpected time when most of the crypto market remained sideways or even charted losses. Instead of joining them, PI <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-rebounds-by-6-as-analyst-expects-a-1400-price-explosion\/\">rocketed<\/a> from $0.17 to a monthly peak of $0.20 in the span of 48 hours or so, and some analysts speculated that this could be the start of a more profound rally.<\/p>\n<p>However, it was <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-rally-comes-to-an-end-with-massive-10-daily-drop\/\">painfully rejected there and driven south<\/a> to just over $0.17 on Thursday. A popular analyst on X, though, reassured that PI has remained above the crucial 100-day MA, which acted as a support at the time, and predicted an instant rebound.<\/p>\n<p>Such a recovery indeed transpired on Friday as the asset jumped by about 6% from its low and exceeded $0.18 once again. Its market cap is close to $1.9 billion once again as of press time, making it the 45th largest digital asset on CoinGecko.<\/p>\n<figure aria-describedby=\"caption-attachment-1436021\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/PI.png\"><img decoding=\"async\" class=\"wp-image-1436021 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/PI.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>Inl\u00e4gget <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\/\">Pi Network\u2019s PI Token Rebounds Swiftly as Team Confirms Long-Awaited Update<\/a> publicerades f\u00f6rst p\u00e5 <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Despite a slight delay, the Core Team behind the controversial project finally announced the completion of the next major protocol upgrade and hinted at the migration to the next one. At the same time, the ecosystem\u2019s native token rebounded nicely after the painful crash from earlier this week. V21 Is Here The Core Team began [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-41987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pi Network\u2019s PI Token Rebounds Swiftly as Team Confirms Long-Awaited Update - 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\/sv\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\/\" \/>\n<meta property=\"og:locale\" content=\"sv_SE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pi Network\u2019s PI Token Rebounds Swiftly as Team Confirms Long-Awaited Update - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Despite a slight delay, the Core Team behind the controversial project finally announced the completion of the next major protocol upgrade and hinted at the migration to the next one. At the same time, the ecosystem\u2019s native token rebounded nicely after the painful crash from earlier this week. V21 Is Here The Core Team began [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptd.in\/sv\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\/\" \/>\n<meta property=\"og:site_name\" content=\"cryptd.in\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-02T03:49:40+00:00\" \/>\n<meta name=\"author\" content=\"cryptd.in\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Skriven av\" \/>\n\t<meta name=\"twitter:data1\" content=\"cryptd.in\" \/>\n\t<meta name=\"twitter:label2\" content=\"Ber\u00e4knad l\u00e4stid\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minuter\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\\\/\"},\"author\":{\"name\":\"cryptd.in\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/person\\\/7973e8183bc6723b86adfe84d5af0ce4\"},\"headline\":\"Pi Network\u2019s PI Token Rebounds Swiftly as Team Confirms Long-Awaited Update\",\"datePublished\":\"2026-05-02T03:49:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\\\/\"},\"wordCount\":420,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/PI_CB-6-9QAZPd.jpg\",\"articleSection\":[\"Feeds\"],\"inLanguage\":\"sv-SE\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/pi-networks-pi-token-rebounds-swiftly-as-team-confirms-long-awaited-update\\\/\",\"name\":\"Pi Network\u2019s PI Token Rebounds Swiftly as Team Confirms Long-Awaited Update - 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