Pi Network will sponsor the influential Consensus 2026 conference, where it will have a main-stage session. The project recently completed key protocol updates, but its PI token price has fallen significantly after a brief rally, with substantial upcoming token unlocks potentially adding pressure.
Pi Network has gained a top-tier spot as a sponsor of the major crypto conference Consensus 2026, which will be held in Miami from May 5 to May 7. The event, described by Forbes as “the Super Bowl of Blockchain, the World Cup of Web3,” is expected to gather roughly 20,000 attendees and feature prominent speakers like Michael Saylor and Brad Garlinghouse. Pi Network’s sponsorship includes a 20-minute main-stage session focused on PI and Artificial Intelligence, a development that sparked excitement in the community.
The protocol recently completed its v19.9 migration, and version 20.2 arrived with a Pi Day announcement on March 14. This update introduced the first steps toward smart-contract support, with an X user stating, “In simple terms: Pi is moving closer to becoming a fully functional blockchain ecosystem, not just a digital coin.” The team aims to release these features gradually and has revealed that the next protocol upgrade is v21, though no specific timeline was provided.
The advancements and Kraken’s decision to enable trading services with PI triggered a major rally for the asset, whose price reached a five-month peak of around $0.30 less than two weeks ago. However, this rally was short-lived and followed by another decline, pushing the valuation as low as $0.17; it currently trades at around $0.18, representing a 20% drop on a 14-day scale. Token unlocks could make the coming weeks turbulent, with over 175 million PI set for release in the next 30 days, including 15.2 million coins unlocked on April 2.
