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#Pi Network has reached a critical technical milestone with the passing of the **Protocol v21.2** upgrade deadline on April 6. This mandatory "hard fork" ensures network security and prepares the infrastructure for smart contracts. On the ecosystem front, Pi recently celebrated hitting **18 million KYC-verified users** and distributed its first-ever rewards to over 1 million decentralized validators.
Currently, Pi is trading in IOU markets around **$0.17**, facing bearish pressure and a major resistance level at **$0.19**. While the community eyes the **May 18 Protocol v23.0** launch for full Web3 functionality, the open mainnet transition remains the primary focus for 2026.