Pi Network has announced a series of protocol upgrades, drawing renewed attention to the project. The Core Team confirmed the successful completion of the protocol v19.9 migration, with the next version, v20.2, set for release around March 12. Additionally, a new case study highlights the potential of Pi Nodes as a distributed network for AI computing.
The native token, PI, has surged approximately 30% over the past week, reaching a three-month high of $0.23 before settling at $0.22. This price movement has made PI one of the top-trending cryptocurrencies on CoinGecko. However, a significant transfer of 4.8 million PI tokens to centralized exchanges suggests potential sell-off activity, as the token's Relative Strength Index indicates overbought conditions.
Pi Network Announces Protocol Upgrades Amid Price Surge
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