Pi Network’s Big Announcement for Developers, Users, Investors: Details

Even this latest news has failed to move the project’s native token, which remains locked below $0.18.

Despite the growing criticism on the Internet, the Pi Network Core Team continues to introduce new features aimed at improving its overall performance and providing new features and capabilities to users.

The latest announcement, made a few hours ago, was about the important step taken to simulate and test Smart Contracts on its blockchain.

Pi Testnet Launches RPC Server

After celebrating Pi Day (March 14), the team explained several new features from protocol updates to the second Mainnet migration. Although the latter continues to be a hot topic of discussion among the Pi Network community, which remains unimpressed despite thousands of successful migrations being claimed, the first has attracted significant attention for all good reasons.

The protocol has been upgraded to version 20.2 after previous updates in February and March to v19.6 and v19.9. The latest version, which is just days away from porting to v21, is expected to change the game for Pi Network as it lays the foundations for smart contract capabilities.

Once successfully integrated, this functionality will allow developers to create decentralized applications and create blockchain-based processes. The expected initial phases will include NFT-related applications, escrow services, and registry systems.

A new step in the matter announced by the team today indicated that the Pi Network’s Testnet now has a working Remote Procedure Call (RPC) server, “a major step forward for Smart Contracts to be simulated, tested, and deployed.”

Pi Testnet now has an RPC server.

This is a big step towards Smart Contracts being simulated, tested, and implemented. pic.twitter.com/xIjAHSgn0n

— Pi Network (@PiCoreTeam) April 1, 2026

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RPC servers are network applications that allow users to perform tasks, processes, and programs on a remote device as if they were local. In the blockchain industry, they act as a bridge between dApps, wallets, and the network itself, allowing programs to query data (values ​​of tokens, transactions, etc.) and send new transactions to the network by translating these requests into a format that the node understands.

PI Still Struggling

Despite all these improvements and promises of a more efficient network, the project’s native token has struggled since its violent decline at $0.30 in mid-March, following Kraken’s list of pump-and-dumps.

While many mid-cap alts have posted impressive gains in the past 24 hours, PI is up less than 1% and remains deep below $0.18. The plan to unlock the tokens in the next few weeks is also worrying, as there are several days with more than 10 million coins to be released, which could increase the pressure to sell quickly.

The late April schedule may be the silver lining here, with the number of new PIs to open dropping below 5 million at times.