Pi Network Updates and Price Action: Moderate Decline Continues

Pi Network has experienced another week of moderate price fluctuations, with its native cryptocurrency, PI, declining by 4.7% over the past seven days.

This trend is consistent with broader market movements, as many altcoins have also seen their values drop in recent times.

The project's mainnet node operators are required to complete a significant protocol update by June 2nd, which involves moving to version v24. The team has warned that nodes that fail to update may be disconnected from the canonical chain, potentially creating instability.