Pi Network KYC update has some great news! Now more than 3 million people have joined the mainnet, making the Pi Network even stronger.
The team reported that 3.36 million people have completed their KYC. Previously, 4.76 million users had to provide additional information so their accounts could be verified. Now everyone is wondering: will the price of Pi coin increase after this update?
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Pi Network KYC update Mainnet 2.69M Pioneers
Of the 3.36 million Pi Network users, 2.69 million have now moved to the mainnet. They can now use their pre-mined Pi coins on the real blockchain. This mainnet was launched in February 2025, when testnet testing ended.
The Pi coin started at $2.99, but the price later dropped to $0.20. This was because the Pi coin was not yet listed on major crypto exchanges, a large number of coins were being unlocked every day, and the KYC process was also difficult.
The Pi Network team has now used an AI system to solve the KYC problem, which performs live checks to prevent fake accounts from being created. Tentative KYC cases of 3 million people are still pending.
This new AI system can resolve these pending cases. Now everyone is wondering if this will make 60 million Pioneers happy and the price of Pi coin can go back to $1? But some challenges remain to reach this goal.
Pi Coin Inflation Still Prevalent, Burns To The Rescue?
Pi Network users are still facing some issues. First, Pi coin is not yet listed on major crypto exchanges, and the launch of 100 decentralized apps has also been delayed. Another problem is that even half a year after launch, approximately 4 million Pi coins are entering the market every day.
When so many coins are unlocked and buyers are few, it becomes difficult to support the price. Some community members, such as Pi Patriot, say that introducing a Pi coin burning system could solve this problem and stabilize the price.
Right now, Pi coin is trying to hold at the $0.20 level. If Pi coin is to get back to $1, its market value would have to increase fourfold from $1.7 billion to $8 billion, as it was in May 2025.
People Also Ask – Pi Network KYC update:
What is the Pi Network KYC update?
Pi Network has launched an AI system that verifies KYC. So far, KYC has been completed for 3.36 million out of 4.76 million users. This system checks face angles to ensure all users are genuine. 2.69 million users have now moved to the mainnet. This update increases trust and security on the Pi Network.
What impact will this have on the price of Pi Coin?
Pi Coin is currently trading at around $0.20 and is up 0.91% today. 10 million tokens have left the exchange, increasing trust. However, 121 million tokens are still being unlocked, which could put pressure on the price. KYC progress is good, but the market is still volatile.
Why is KYC important for Pioneers?
KYC allows the system to verify whether users are genuine or not. This allows users to access their mining rewards, apps, and trading. Failure to do so may result in balance deletion (after March 2025). This is an important part of Pi Network’s Web3 system, preventing fraud and money laundering.
Can Pi Coin reach $1 soon?
KYC success and withdrawals have brought hope, but the price is currently hovering around $0.20. If there aren’t many unlocks and the mainnet is fully launched, the price could reach $0.30. However, crypto is risky, so do your own research before investing.
What are the next steps for Pi Network?
The focus is now on launching an open mainnet and new apps. Hackathons for developers will also be held in 2025. Decentralized KYC will also allow partners to perform verification. Now it remains to be seen how much Pi coin grows with migration and tokenization.
