The post Pi Network News: Pi Moves to Protocol 20, Prepares for Smart Contract Era appeared first on Coinpedia Fintech News
Pi Network has rolled out a major upgrade, with all main nodes now running version 20.2 and the Mainnet fully moving to Protocol 20. This brings the network onto a single system and unlocks features that were not possible earlier. The update prepares the network for adding programmable functions, something the community has been waiting for.
Smart Contracts Rollout in Phases
With Protocol 20 now active, Pi can support smart contracts, programs that run automatically and handle payments, subscriptions, and digital assets. The rollout will happen step by step rather than all at once. It will begin with simple and easy-to-use features. Subscription-based services are expected first, followed by escrow tools and NFT-related functions. This gradual approach keeps things stable while new features are introduced.
Focus on Everyday Use
Pi is taking a practical route by focusing on features people can use in real situations. The network is building slowly with simple tools like recurring payments and basic digital ownership. This helps users understand and use the platform easily while the ecosystem grows over time.
Strong Checks Before Mainnet Launch
Meanwhile, every smart contract must go through strict checks before going live. External audits will review each contract to catch any loopholes. After that, developers will test their applications on the Testnet and collect feedback. Only fully tested contracts will be moved to the Mainnet. This process reduces risks and keeps the network stable as more features are added.
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Tools Upgraded Alongside the Network
The upgrade also improves tools like the Pi Wallet and Pi SDK, making it easier for users and developers to interact with the network. These updates support upcoming features such as NFTs and escrow-based transactions. The goal is to make the system smooth and easy to use once these features are fully available.
Pi Market Snapshot
Pi is currently trading near $0.17, with daily trading volume around $33 million. The price has seen a slight drop over the past day. The circulating supply is close to 9.7 billion coins, with a maximum limit of 100 billion. Pi reached a high of $2.98 in February 2025 and a low of $0.13 in early 2026, showing it is still in an early stage compared to larger networks.
Community Reaction Remains Divided
Reactions to the update are mixed. An X user described it as a strong step, noting that a slower rollout could lead to better applications. On the other hand, the developer, Amr Nannaware, raised concerns about whether smart contract access will be open to all developers or limited in the early stages.
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FAQs
Protocol 20 unifies Pi Network on one system, enabling smart contracts and new features, making the network more scalable, secure, and ready for real-world use.
Pi smart contracts will roll out in phases, starting with simple tools like subscriptions, then expanding to escrow and NFTs after testing and audits.
Pi will first launch subscription payments, followed by escrow services and NFT tools, focusing on simple, practical use cases for everyday users.
Pi remains early-stage with price volatility, but the upgrade improves utility. Its future depends on adoption, developer access, and ecosystem growth.