While the broader crypto market stumbles under bearish pressure, Pi Network (PI) has managed a rare feat: stability. Trading near $0.187 following a sharp recovery from intraday lows of $0.171, the token is showing resilience as developers roll out a critical infrastructure update.

The catalyst here is “Protocol 20.” According to recent updates, Pi Network completed its migration to this new protocol on March 19. In simple terms, this mainnet upgrade introduces smart contracts, the code that allows developers to build decentralized applications (dApps) directly on the Pi ecosystem.

However, despite the technological leap, price charts tell a more cautious story. The data suggests that while the community is celebrating the…