What to Know
Millions of users completed KYC and migrated, while apps, nodes, and ecosystem participation continue to expand.
Pi is growing local commerce adoption and investing in AI tools to power the next generation of apps.
Pi rose 2.8% to $0.162 with rising trading volume, outperforming the broader crypto market decline.
Pi Network has completed one year since launching its Open Network phase, marking a major turning point in its journey toward becoming a widely used cryptocurrency. Over the past year, the network has seen strong growth in user verification, Mainnet migrations, app development, and global participation.
The milestone reflects steady progress made possible by what the Pi team calls the collective effort of “Pioneers, developers, businesses, and KYC validators around the world.”
One Year Since Open Network
Pi officially launched its Open Network on February 20, 2025, allowing its blockchain to connect with the outside world after years of operating in a closed environment.
In an anniversary video, Pi co-founder Dr. Nicolas Kokkalis and his co-founder, Dr. Chengdiao Fan, discussed the future for Pi, from all things ecosystem growth to AI integration and more. As mentioned earlier, Open Network allowed Pi to move beyond its enclosed phase and enabled real transfers, developer activity, and ecosystem growth, even as migration timelines and exchange listings remained ongoing challenges.
KYC and Mainnet Migration
One of the most important signs of Pi’s progress is the number of users completing identity verification and moving to Mainnet.
According to data, 17.7 million users have completed KYC verification, 16.2 million users have migrated to Mainnet wallets and More than 10.1 million migrations happened in 2025 alone. KYC verification ensures that users are real people and allows them to fully participate in the network. This aligns with Pi’s long-term goal of building a network based on verified human participation rather than anonymous accounts.
Local Commerce and Global Participation
Beyond apps and developers, Pi Network is also seeing growth in real-world usage. According to data 148,000+ sellers now accept Pi in local commerce and 2.1 million users participate in Pi’s local commerce ecosystem, doubling from 1 million in 2025. Dr. Fan explained, “The hard problem is figuring out how tokens can be used in real world applications involving real goods and services.”
Pi’s technical infrastructure has also grown significantly. Key milestones include 421,000+ active nodes supporting the network and 111 million Pi tokens staked to support app rankings. Nodes help run the network, while staking helps promote useful apps within the ecosystem. These numbers show strong participation from the global Pi community. Additionally, the network now has 300+ mainnet applications, 46,000+ apps created using Pi App Studio tools and 200+ hackathon submissions from developers.
Pi Network Bets on AI
Pi Network sees AI as a major force that will shape the future of how value is created and shared. Pi co-founder Dr. Fan explained, “AI is fundamentally changing how value and production are created in the world.” However, she also warned that as AI takes on a larger role, it raises concerns about how wealth and opportunity will be distributed fairly.
In the short term, Pi is focusing on AI-powered applications. Tools like Pi App Studio allow developers to use AI to build applications faster, while hackathons and developer programs encourage innovation. At the same time, Pi Network Ventures supports selected startups to build useful products within the ecosystem. Dr. Fan emphasized that this vision will take time to achieve, noting that building meaningful infrastructure requires patience and sustained effort.
Pi Price Shows Strength
Alongside ecosystem growth, Pi’s token price has shown resilience. Pi is currently trading at $0.162, up 2.8% in the past 24 hours, even as Bitcoin fell 3.5% and the broader crypto market declined. Trading volume also rose by 10.23% to $15.68 million, indicating increased buying interest.
If Pi holds above the $0.16 support level, analysts say it could move toward $0.165 to $0.17 in the near term. However, falling below $0.158 could push the price down to $0.155. This independent price movement suggests continued interest from Pi’s community.
What Comes Next
Looking ahead, Pi plans to focus on expanding apps, improving developer tools, and strengthening identity verification. Dr. Kokkalis emphasized the network’s long-term vision, saying, “Pi’s journey has continued to make progress in line with its long-term vision to create an inclusive and widely adopted cryptocurrency.”
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