Nearly 3 million Pioneers arrive on the mainnet, boosting Pi Network’s presence. Will Pi’s price react?
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Pi Network’s (PI) core team just dropped some big news on the Know Your Customer (KYC) verification front. Per the latest blog entry, Pi Network just registered 3.36 million additional Pioneers that have fully completed the KYC procedures after 4.76 of them passed through the Tentative KYC, which is focused on solving uncertain cases requiring additional information.
Pi Network’s Mainnet Onboards 2.69M New Pioneers
Out of the 3.36 million Pi Network enthusiasts, a whopping 2.69 million have been fully migrated to the mainnet. Notably, this move enables Pi Network aficionados to use their pre-mined Pi Coins on the real blockchain, which had debuted in February, 2025 after rigorous testnet examination.
With a successful start at $2.99, Pi Network’s (PI) native token price flopped and went on a continuous downward slope, eventually finding itself at the major demand area of $0.20. This occurred due to multiple reasons, including the lack of major crypto exchange (CEX) listings, multi-million Pi Coin unlocks on a daily basis & previously, a very arduous KYC process.
What I like about the Pi Core Team is their ability to gauge the level of frustration within the Pi Community and respond accordingly.
I remember back in February when I campaigned to stop mining and disable ads on the Pi App if the PCT was not going to announce the CEX listing…
— Dr Altcoin ✝️ (@Dr_Picoin) October 24, 2025
By solving the KYC issue, Pi Network’s (PI) core dev team employs a cutting-edge artificial intelligence (AI) setup to conduct liveness checks, minimizing the chances of a fraudulent KYC activation. The team also noted there’s 3 million Tentative KYC cases that are still pending.
The new system process can unblock these disputes with the AI-powered live checks. Will this make the 60-million strong Pioneer community happier and return some of Pi Coin’s (PI) buying power seen during the first weeks into launch? Pi’s dream to restore the $1 price tag comes with a few extra hurdles.
Pi Coin Inflation Still Prevalent, Burns To The Rescue?
Aside from the lackluster crypto exchange listing & substantial delays in the roll-out of the 100 decentralized application (dApp) ecosystem, there’s one more thing bothering the Pioneers. Over half a year into launch, there’s still an average unlock of 4.052 million Pi Coins (PI), poured onto the markets daily.
Without matching buying power across the heaviest investors, there’s nobody to soak up the inflation. As a possible way to counter this issue, some popular community voices like Pi Patriot believe that implementing a Pi Coin burning mechanism would be the game-changer Pioneers long for.
“I don’t see any alternative for the Pi Core Team but to implement a coin burn! If they fail to do this, the project will be over. Without a high price for Pi Coin, the project simply won’t function. Each pioneer has an average of 300 to 400 coins, and at a price of $0.20, that’s… pic.twitter.com/kvJIKGgkjQ
— Pi Patriot (@pipatriotlive) October 23, 2025
This can be particularly important as Pi Coin’s price is battling to stay above the lower demand territory of $0.20. In order to restore the $1 price tag, Pi’s price would have to be accompanied by a four times larger market capitalization with today’s $1.7 billion still being a far cry from the $8 billion gathered in mid May, 2025.
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People Also Ask:
What’s the latest Pi Network KYC update?
Pi Network rolled out an AI-driven KYC system that verified 3.36 million users out of 4.76 million tentative cases, introducing liveness checks like face angle verification for better security and mainnet migration. This milestone boosts compliance and trust, with 2.69 million already migrated to the mainnet as of October 24, 2025.
How does this affect Pi Coin’s price?
PI is trading around $0.20, up 0.91% today amid 10 million tokens exiting exchanges, showing growing confidence despite 121 million unlocks looming that could add selling pressure. The KYC progress signals stronger fundamentals, but volatility persists as the market tests resilience toward reclaiming the $1 price tag.
Why is KYC important for the Pioneers?
KYC ensures real users by verifying identities against bots and fraud, unlocking mainnet access for mining rewards, apps, and trading—without it, balances risk loss post-deadlines like the March 2025 grace period. It’s key for Pi’s decentralized Web3 vision, fighting money laundering while enabling broader ecosystem participation.
Can Pi Coin’s price hit $1 soon?
Optimism from KYC wins and withdrawals hints at a rebound if unlocks don’t flood sells and mainnet fully launches in late 2025, but current struggles around $0.20 suggest more consolidation first. Analysts eye $0.30 short-term if momentum holds, though crypto risks could pull it lower—DYOR before jumping in.
What’s next for Pi Network?
Focus shifts to open mainnet rollout, expanding apps, and the 2025 hackathon for developers, with decentralized KYC protocols allowing trusted partners to help verify users. Watch for migration deadlines and token utility unlocks to gauge if PI can sustain gains beyond hype.
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