Pi Network has announced that it has upgraded its Mainnet to Protocol 20. This is a major step towards enabling smart contracts in the near future. Node operators are required to update their nodes, and soon they will be releasing Protocol 21, taking them a step closer to enabling smart contracts.
This upgrade also paves the way for smart contracts, which are vital in developing decentralized apps and DeFi. This upgrade indicates the focus of the Pi Network on developing and enhancing its ecosystem, although this is not yet available for users. Further updates will be necessary for users to utilize this.
Crypto Integrates with Financial Systems
On March 17, 2026, crypto analyst Dr. Altcoin emphasized that a major transition period is ahead for the entire crypto market. “Crypto is no longer just experimental. It is starting to integrate with real financial systems.” In support of his argument, he cited the case of Kraken, a cryptocurrency firm, which was granted access to the U.S. Federal Reserve’s payment infrastructure.
This change also proves that this space is going beyond digital assets and joining mainstream financial operations.
Pi Network Integrates Blockchain with Technology
At the time of writing, Pi is trading at $0.1753, with a 24-hour trading volume of $35.32 million. According to CoinMarketCap, the token has gained 2.29% over the last 24 hours, reflecting steady support from its community.
Source: CoinMarketCap
However, Dr. Altcoin also stresses that short-term price movements should not be a cause for concern. He said, “If you understand what is being built behind the scenes, temporary declines are natural.” This phase is for building and strengthening infrastructure, and this may not necessarily be reflected in token value.
Moreover, according to Dr. Altcoin, another thing to note is that blockchain is increasingly connecting to other technologies such as artificial intelligence and robotics. Stablecoins are becoming more practical for use as a means of payment, indicating that cryptocurrency is slowly moving towards real-world use.
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Pi Network Upgrade Signals Long-Term Value Focus
However, as Dr. Altcoin emphasized, projects that are working to create real-world applications, increase their user base, and advance toward global adoption will be the ones with long-term value.
The recent upgrade to Pi Network’s platform is an example of this, showing that this project is working towards creating real-world applications. The shift towards smart contracts is part of a wider movement in crypto projects to create real value, rather than hype.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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