Overview
- Pi Network required all mainnet node operators to upgrade to version 19/19.6 by February 15 to remain connected, framing the step as shifting validation toward community-run nodes.
- PI jumped nearly 50% from early‑February lows near $0.13 to briefly touch $0.20 on Feb. 15 before slipping to roughly $0.17, holding about a 20% weekly gain.
- Trading activity accelerated sharply, with 24‑hour volume topping $52 million versus recent daily averages below $10 million, according to CoinMarketCap data.
- Charts show a breakout from a multi‑week descending pattern and bullish indicator turns, yet a firm supply zone around $0.20 triggered rejection and raised buyer‑exhaustion risks.
- The team reports over 16 million mainnet migrations and tests of palm‑print KYC, two‑factor authentication, Pi DeFi, and PiDAO, while Kraken’s roadmap mentions PI without confirming a listing.