Pi Network has announced a March 1 deadline for its latest protocol upgrades and node updates, amid ongoing community concerns about the network's migration status. The upgrades, part of a phased rollout, require all Mainnet nodes to complete the updates by the deadline to maintain network connectivity. The Pi Network team emphasized the importance of nodes, which validate transactions and maintain consensus using the SCP algorithm.
Meanwhile, Pi Network's native token has experienced significant volatility, with a recent surge pushing it above $0.20 before falling below $0.16. The token has since rebounded to nearly $0.17. Upcoming token unlocks, including a substantial release of 22 million tokens on March 7, could increase selling pressure in the market.
Pi Network Sets March 1 Deadline for Critical Node Updates
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
