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Blockchain News

Pi Network: 17.7M KYC Verified, v19.9 Upgraded Ahead of Pi Day

Node operators have been instructed to upgrade their software to the latest desktop node version (0.5.4) to stay connected to the network.

Written By:
Iyiola Adrian

Reviewed By:
Jahnu Jagtap

Last updated: March 7, 2026 10:39 AM
Published 2026-03-06
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Last updated: March 7, 2026 10:39 AM
Published 2026-03-06
Pi Network 17.7M KYC Verified, v19.9 Upgraded Ahead of Pi Day

Key Highlights

  • The Pi Network finished the v19.9 node upgrade, confirming that the computers running the network are now fully operating on the updated protocol.
  • More than 421,000 active nodes are securing the blockchain, supporting over 17.7 million KYC-verified users, known as Pioneers.
  • The node upgrade comes two days after the protocol migration on March 4 and just ahead of Pi Day on March 14.

The Pi Network has completed its v19.9 node upgrade, a technical step that strengthens the system that runs the blockchain. 

According to the announcement, more than 421,000 active nodes are now helping secure the Pi blockchain. These nodes support over 17.7 million users who have completed Know Your Customer (KYC) verification.

🚨The v19.9 node upgrade is complete! With over 421k active nodes securing the blockchain for 17.7M+ KYC'd Pioneers, the network's foundation is stronger than ever. All systems are go as we build toward major announcements on Pi Day, March 14th✅🔥🚀#PiNetwork#PiPayment#PiGCV pic.twitter.com/NoMsFGIK4K

— Pi Network Info 🌎 (@PiNetwork_info) March 6, 2026

Over 421,000 nodes now supporting the network

Nodes are computers run by users that help keep the blockchain working. They verify transactions, store data, and keep the network connected. With this new update, the network now runs fully on the same protocol version across its infrastructure.

“The v19.9 node upgrade is complete! With over 421k active nodes securing the blockchain for 17.7M+ KYC’d Pioneers, the network’s foundation is stronger than ever. All systems are go as we build toward major announcements on Pi Day, March 14th.” the team said on X

Following recent protocol migration 

The upgrade follows the earlier migration to Protocol v19.9, which was confirmed on March 4. Migration means the main network moved to a new version of the protocol, which is the set of rules that guide how the blockchain operates. 

After a migration happens, node operators usually need to update their software so their computers can run the new version correctly. The completion of the node upgrade shows that the computers supporting the network have now moved to the updated system.

How Pi Nodes help run the blockchain

The Pi Network is known for allowing users to run nodes on personal computers rather than large server farms. This design makes it possible for everyday users to take part in the network’s operation. The system uses the Stellar Consensus Protocol, a method where groups of nodes work together to agree on which transactions are valid. Some nodes also run as SuperNodes, which stay connected all the time and help keep the network synchronized.

The v19.9 upgrade is part of a longer upgrade path planned by the Pi Core Team. The network has been moving through several protocol versions in stages. Earlier steps included versions 19.1 and 19.6, before reaching version 19.9. Future updates are expected as the system continues evolving toward later versions.

The latest update arrives only days before Pi Day on March 14, a date that is widely recognized in the Pi community. 

Pi token surge 17% in a week 

Meanwhile, Pi, the native token of the network, is up by a modest 2.39% today, from an intraday low of $1.879 to near $2. This surge adds up to over 17% surge in the last 7 days, according to data from CoinMarketCap.

However, trading activity is down by 1.25% to about $38.7 million in trading volume while its market valuation sits at $1.9 billion.

Also Read: OKB Jumps Nearly 50% After ICE Reportedly Invests in OKX

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Iyiola - Crypto Journalist at The Crypto Times
By Iyiola Adrian
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Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
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Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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