Pi Network has upgraded its Mainnet to Protocol 20, a foundational step toward enabling smart contracts. Node operators must update their systems for this and the upcoming Protocol 21. This development coincides with a noted industry-wide shift, where analysts observe cryptocurrency beginning to integrate with real-world financial systems and technologies like AI and robotics.
Pi Network announced the successful upgrade of its Mainnet to Protocol 20. This move lays the groundwork for the future support of smart contracts on the network.
Node operators are required to update their systems, with instructions for a subsequent Protocol 21 upgrade promised soon. The development of smart contracts is vital for creating decentralized applications and DeFi services.
Concurrently, crypto analyst Dr. Altcoin emphasized the crypto market is in a major transitional period. “Crypto is no longer just experimental. It is starting to integrate with real financial systems,” he stated.
As evidence, he cited Kraken’s reported access to the U.S. Federal Reserve’s payment infrastructure. This indicates a movement beyond digital assets into mainstream financial operations.
According to CoinMarketCap, Pi is currently trading at $0.1753 with a 24-hour trading volume of $35.32 million. The token’s price increased by 2.29% in the last day.
Dr. Altcoin advised that short-term price movements should not cause concern for those who understand the underlying development. He stressed this phase is focused on building foundational infrastructure.
He also noted blockchain technology is increasingly connecting with artificial intelligence and robotics. The growing practicality of stablecoins for payments further signals a move toward real-world utility.
Projects working on real-world applications and global adoption are positioned for long-term value. The Pi Network upgrade exemplifies this shift toward creating tangible utility rather than hype.
