The Pi Network Core Team has urged remaining mainnet node operators to complete a delayed protocol upgrade to avoid network disconnection. The project’s native token, PI, has rebounded from a key support level near $0.13 after setting a new all-time low earlier in June. The upgrade, version 25, was meant to be completed by June 18 but faced setbacks, continuing a trend of delays for the crucial infrastructure updates.
The Pi Network Core Team has issued a reminder for node operators to complete a delayed protocol upgrade. The team stated that *”the majority of Mainnet node operators have already successfully upgraded to Protocol v25.”*
They urged those who had not upgraded to “do so at your earliest convenience to remain connected to the network.” The upgrade follows a series of protocol updates that began at the end of February. Version 25 was originally scheduled for completion by June 18, but the team had warned of potential delays beforehand.
Meanwhile, the PI token has shown price strength after a severe decline. It bounced from a key support level at approximately $0.13 after recently setting a new all-time low under $0.12.
The token is now trading near $0.135, representing a more than 4% daily gain. It remains down approximately 95.4% from its all-time high recorded in February 2025.
Data on token unlocking schedules suggests selling pressure may ease in the near term. An average of only 4.2 million coins is set to be released daily over the next month.
