Pi Network confirmed a new protocol upgrade phase and set March 1 as the deadline for node compliance. The team required all active nodes to complete this step to remain connected to the network. Meanwhile, the PI token recorded sharp price swings and approached $0.17 after a brief recovery.
Pi Network announced that it will roll out the second phase of its protocol improvements before March 1. The team stated that all nodes must complete the required updates before Sunday. It warned that nodes failing to comply will not remain connected to the network.
The official post directed users to the Pi Nodes page for further technical details. The team repeated that nodes represent the “fourth role” within the ecosystem. It also reminded operators that nodes must run on laptops or desktops instead of mobile devices.
Pi Network explained that nodes validate transactions on the distributed ledger. They also resolve consensus challenges to maintain a distributed currency. The team stated that nodes must agree on the order of new transactions before recording them.
The project confirmed that its consensus model relies on the Stellar Consensus Protocol. This model allows nodes to form trusted groups known as quorum slices. Nodes only approve transactions that align fully within these trusted groups.
The team stated, “Unlike most other crypto projects, the Pi Node will continue to follow the philosophy of user-centric design.” It added that everyday users can install a desktop application without deep technical knowledge. The developers maintained that accessibility remains a core objective of the network.
PI recorded strong volatility during the past few weeks as traders reacted to broader market conditions. The token surged nearly 35% in a single day and moved above $0.20. However, sellers quickly rejected that level and pushed the price below $0.16 during a market downturn.
Bitcoin and major altcoins rebounded in the following sessions, and PI tracked that movement. The token recovered and traded close to $0.17 at the time of writing. Market data showed steady activity as traders assessed upcoming supply changes.
The token unlocking schedule indicated that around 5.5 million PI will enter circulation daily next week. This release pace will continue for several days under the current plan. The schedule then shows a sharp increase on March 7.
On that date, almost 22 million tokens will unlock in one day. The following day will see another 16.5 million tokens released. These figures come from the publicly available unlocking calendar.
The post Pi Network Sets March 1 Deadline for Node Upgrades appeared first on CoinCentral.


