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Blockchain News

Pi Network Posts Major Growth Metrics After Open Network Anniversary

The team shared that it has seen significant numbers including Mainnet migrations, KYC users, and developer engagement, among others.

Written By Kenrodgers Fabian
Fact Checked by Divya Mistry
Published 2026-02-24·Updated 5 months ago
Make The Crypto Times preferred on GoogleGoogle
Pi Network Posts Major Growth Metrics After Open Network Anniversary

Key Highlights

  • Pi Network reaches 16.2M Mainnet migrations and 17.7M KYC-verified users, reflecting steady ecosystem growth since 2025.
  • Local commerce doubles with 148K sellers and 2.1M users, while 46K apps and 111M Pi staked show active community participation.
  • Protocol upgrades to v19.6 complete, v19.9 in progress, with community feedback shaping token design and future network improvements.

Pi Network has shared that it saw rapid ecosystem expansion since launching its Open Network last year. The mobile-first cryptocurrency project said that it has made significant strides in KYC verification, Mainnet migration, and developer engagement. 

In an update shared on X, the  Pi Core Team noted the combined efforts of Pioneers, developers, businesses, and KYC validators around the world. The snapshot shared by the team shows that more than 16.2 million users have migrated to the Mainnet, up from 10.1 million last year. Around 17.7 million users have completed full KYC verification, showing the network’s growing adoption. Mainnet applications have also increased to over 300, reflecting rising developer activity.

Since the launch of Open Network, Pi has continued expanding across multiple dimensions of the ecosystem—from KYC and Mainnet migrations to developer activity and overall network participation. These milestones reflect the steady progress made possible through the collective… pic.twitter.com/rdYM0xFDlM

— Pi Network (@PiCoreTeam) February 24, 2026

Regarding local commerce, the number has increased to 148,000 sellers and 2.1 million users, which is approximately twice as many as the previous year. Further, the network infrastructure is supported by 421,000 active nodes. 

The App Studio has enabled the development of over 46,000 apps, while hackathons have seen more than 200 submissions. Community engagement is still ongoing, with over 111 million Pi staked to rank apps and support the ecosystem.

Additionally, the global evangelist for Pi Network YouLong called for the urgent distribution of the tokens. He said, “I hope the official team can distribute the tokens earned through mining to all compliant users as soon as possible.”

Development and mainnet upgrades

Since the launch of the Open Mainnet, the Pi Network team has been working on the infrastructure. The network recently upgraded to protocol version 19.6 which is an essential update. The team is currently working on version 19.9, which will be the final upgrade before the network upgrades to version 20.

The Pi Core Team also wants feedback from the community. Pioneers are also now able to check out the Ecosystem Token Design on GitHub or give their feedback on a Google Form. In this update, the team asked questions about the usefulness of Pi over other blockchains, the use of KYC, the integration of AI, and the design of the ecosystem token.

Expanding practical use

Pi also shared that its plan is centered on improving the network. The group aims to improve the KYC verification process and make the experience easier for users. In the coming year, Pi will aim to support more apps, enhance the developer tools, and make it easier for businesses and Pioneers to join the network. 

Meanwhile, as of writing, Pi was trading at $0.162817, up 3.08% in 24 hours, with a daily trading volume of $15.35 million, according to data from CoinMarketCap.

Also Read: Traders Bet on Target of ZachXBT Insider Trading Exposé

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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