Pi Network’s Protocol 20 Upgrade Paves the Way for Smart Contracts and DeFi Integration
Pi Network has successfully completed its Mainnet upgrade to Protocol 20, a pivotal step in its roadmap toward enabling smart contract functionality. Node operators are required to update their systems promptly, with Protocol 21 anticipated to follow in the near future. This foundational upgrade sets the stage for decentralized applications (dApps) and DeFi integrations, although full user functionality remains dependent on subsequent developments.
This progress aligns with a broader transformative phase in the crypto market, as highlighted by analyst Dr. Altcoin. Institutional adoption is accelerating, underscored by developments such as Kraken gaining access to the U.S. Federal Reserve's payment infrastructure. "Crypto is no longer experimental—it's becoming infrastructure," Dr. Altcoin noted, signaling a deeper convergence with traditional finance (TradFi).
