The PI token is among the top-performing altcoins today.The PI token is among the top-performing altcoins today.

Pi Network’s PI Token Rebounds Hard as Major Upgrade Approaches

2026/03/20 17:11
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

The native token of the Pi Network ecosystem continues with its highly volatile price movements, this time in the right direction, gaining over 7% of value daily to trade above $0.19.

This substantial uptick following a multi-day correction that pushed it south by nearly 50% comes as the Core Team prepares for the next big update.

PI Rebounds Strong

Even though March is just over halfway over, it’s been a highly volatile and eventful month for PI. The token exploded from under $0.175 to over $0.23 by March 9, perhaps driven by the major protocol updates, which we will touch upon later in the article.

The bigger hype news came from Kraken, though, as the company said a few days later that it would list PI for trading on March 13. The token responded with an immediate price surge that drove it north to a five-month peak of almost $0.30. Once it indeed became live for trading on the veteran US exchange, though, the landscape changed instantly for the worse.

In what became a classic ‘buy-the-rumor, sell-the-news’ event, PI plummeted by double digits daily, and kept correcting to $0.175 market earlier this week. This meant that it had slashed almost 50% of its value in 72 hours.

However, it bounced yesterday to over $0.18 and continued today, with another surge that has driven it to over $0.19. Current data from PiScan shows that the average number of tokens to be unlocked in the next month is below 5.5 million. Aside from today (March 20), when 16 million coins are scheduled to be released, the rest of the month should be less eventful in this manner.

Pi Token Unlock Schedule. Source: PiScanPi Token Unlock Schedule. Source: PiScan

Another One Coming Up

As hinted above, some of the key updates introduced by the team coincided with or preceded the price increases. The first major one came on February 20, when the protocol version was upgraded to 19.6. Version 19.9 followed on March 4, while the highly anticipated v20.2 was successfully completed before March 14 (known in the Pi Network community as Pi Day).

The reason why it was arguably the most hyped is that it laid out the foundations for enabling smart contract capabilities, which will roll out gradually as the team wants to prioritize categories that align with utility-based product innovation and operations.

The next protocol update in Pi Network’s road ahead is v21. Although the details provided by the team are scarce at the moment, they still urged node operators to ensure their systems are up to date.

The post Pi Network’s PI Token Rebounds Hard as Major Upgrade Approaches appeared first on CryptoPotato.

Market Opportunity
Pi Network Logo
Pi Network Price(PI)
$0.18813
$0.18813$0.18813
+6.41%
USD
Pi Network (PI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Elon Musk’s Grok Projects Ripple’s XRP ETF Could Attract $20 Billion in Debut Phase Inflows ⋆ ZyCrypto

Elon Musk’s Grok Projects Ripple’s XRP ETF Could Attract $20 Billion in Debut Phase Inflows ⋆ ZyCrypto

The post Elon Musk’s Grok Projects Ripple’s XRP ETF Could Attract $20 Billion in Debut Phase Inflows ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Elon Musk’s artificial intelligence platform Grok has projected that a U.S. spot XRP ETF could attract between $150 million and $20 billion in its debut phase. The figure was revealed on X in a screenshot shared by crypto commentator Zach Rector on September 16, 2025, sparking industry-wide discussion about the scale of possible demand. Grok’s XRP ETF Projection on X The Grok output, published through Musk’s X-based AI, suggested that an XRP ETF filed under the Investment Company Act of 40 could see inflows ranging from $150 million on the low end to as much as $20 billion.  The post, widely circulated on September 16–17, 2025, represents one of the first publicized numerical estimates tied to an XRP ETF launch. SEC Guidance Opens Path for Crypto ETFs In July 2025, the U.S. Securities and Exchange Commission issued updated guidance on disclosure standards for crypto-linked exchange-traded products. Advertisement &nbsp This report states that market analysts viewed this as a significant step in clarifying how digital asset ETFs can meet regulatory requirements under the 40 Act. This guidance has been instrumental in driving the surge of new applications, including those associated with XRP. In early September 2025, overall U.S. ETF flows totaled $21.3 billion. This suggests that even the upper bound of Grok’s estimate, $20 billion, while large, is not unprecedented compared to the scale of capital that can move into exchange-traded products. Earlier crypto investment products also demonstrate the potential for rapid inflows. Grayscale’s trust conversions and prior Bitcoin ETF launches triggered multi-billion-dollar reallocations in short timeframes. Grok’s $150M to $20B projection mirrors that spectrum, ranging from modest institutional participation to large-scale adoption upon launch. The data point gained traction precisely because it draws parallels to these earlier precedents. The $150M–$20B range should be treated as…
Share
BitcoinEthereumNews2025/09/20 02:56
Trump-backed WLFI  launches AgentPay SDK open-source payment toolkit for AI agents

Trump-backed WLFI  launches AgentPay SDK open-source payment toolkit for AI agents

The Trump family has expanded its presence in the crypto community with a major development for artificial intelligence (AI) agents. According to reports, World
Share
Cryptopolitan2026/03/20 19:03
Tom Lee Declares That Ethereum Has Bottomed Out

Tom Lee Declares That Ethereum Has Bottomed Out

Experienced analyst Tom Lee conducted an in-depth analysis of the Ethereum price. Here are some of the highlights from Lee's findings. Continue Reading: Tom Lee
Share
Bitcoinsistemi2026/03/20 19:05