What every pioneer should know

The core team also noted that the next big step should be completed before PiDay.

Just a few weeks after moving to protocol version 19.6, Team Core announced the completion of further upgrades, now one step away from v20.

In addition to a detailed look at what these Pi updates could mean for the community, we’ll examine the latest price action from the original token in this article.

V19.9 is here

Crypto potato reported on February 21st that the v19.6 protocol had successfully migrated, which meant that v19.9 was the last to go before v20. A few hours ago, the team took it to X to show that the 19.9 migration is also officially complete, and all eyes are now on v20.2. According to the group, it could be done by March 14 – a day known as PiDay in the Pi Network community.

Network Update: Successfully completed v19.9 protocol migration. Next up v20.2 – Aimed to be finished by Pi Day 2026. Node operators should ensure they are updated and stay tuned for further instructions: https://t.co/mnbwVzhaD9

– Pi Core Team (@PiCoreTeam) March 4, 2026

As with all previous updates on the protocol front, the team reminded that all node operators should make sure they are updated to the current version; otherwise, they risk being disconnected from the network.

The team’s explanatory blog post reiterated that Pi Nodes are the “fourth role” in the Pi ecosystem. They should work on laptops and desktops instead of mobile phones. Although there are some similarities with other blockchain networks, such as having the same responsibilities in terms of verifying transactions, there are also some key differences:

“Unlike most other cryptographic projects, Node Pi will follow a user-centered design philosophy. Instead of requiring deep technical knowledge to set up a node, everyday people can do it by installing a desktop application on their computers. Through this desktop application, Pioneers can turn on/off the node software to make their devices available as a service.”

PI price update

After falling to $0.1312 on February 11, which was the last all-time low, Pi Network’s original token started a strong recovery, bringing it to $0.20 a day later. However, it stalled there and market volatility pushed it south to $0.16 by the end of the month.

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However, it has reacted well and is now above $0.172, implying a 12% monthly gain. The PiScan data shows a somewhat worrying trend over the next couple of weeks in terms of opening daily symptoms. Although the average number for the next month is 6.8 million, there are some days with more than 15 million. March 7th will see the release of around 21 million tokens from all locks.

These locks do not guarantee a sale, but increase the chance of a price correction, as many investors have been waiting for their assets for years.