Pi Network (PI) News Today

Pi Network member Daniel F raised a logical contradiction in the PIRC token design, noting that if it has a 23.8% floor protection, it would need to behave like a stablecoin, which conflicts with its high volatility on CEX. This floor is based on Pi’s price calculations; if Pi itself fluctuates significantly, it will be unable to effectively protect holders. Daniel emphasized the importance of transparency, but the project team did not respond to it, leading the community to continue speculating about the reasons for its silence.

The Pi Network ecosystem is accelerating its transition, with more than 210 active applications and 23,000 developers actively participating in Pi Studio, spanning multiple areas such as payments, community engagement, education, and gaming. The ecosystem’s diversity shows indicators of healthy development, and developers’ engagement is driving ongoing application optimization. In the future, improving the usefulness of the mainnet will be a key challenge, including issues that need to be urgently addressed such as scalability, security, and user adoption rates.

Pi Network has taken another step to improve its system for developers. The project has launched a new RPC server upgrade on its Testnet, making it easier to build and test apps on the network. This update allows node operators to run their own RPC servers In simple words, developers no longer

Pi Network has restarted its long-running migration process after a short pause. In the latest update, around 30 million Pi coins moved from an intermediary address to user-linked wallets. The transfer happened just hours after activity resumed, following a one-week break The update suggests the n

Pi Network resumed mainnet migration after a pause, transferring about 30 million Pi tokens to users’ wallets, mainly targeting users who have completed KYC. The first migration has been completed, and a second migration is currently underway, with the core team emphasizing batch processing. Some false information appeared during the process; the official account has issued a clarification, reminding users to obtain information through official channels.

Pi Network released version 21 on April 9. The key update is that the testnet RPC has officially gone live, providing developers with a secure environment to test smart contracts and DApps. Next, smart contracts are expected to be deployed within two months, enabling Pi幣 to transition from a community token into a functional digital asset and to support DeFi applications and automated workflows, while also advancing the KYC migration to ensure compliance.

Pi Network has introduced a new tool for developers. The project has launched an RPC server on its testnet. This update is an important step toward building smart contracts and real applications on the network For now, the feature is only available in the test environment. Still, it shows that Pi

Pi Network recently launched a token distribution test for the Pi Launchpad. More than 300k users participated, staking 24 million Test-Pi. The core architecture “12 Grid” enables end-to-end token delivery, and all transactions are publicly verifiable. This test confirmed the system’s feasibility and paved the way for a future official launch. The upgrade roadmap includes the PiRC1 framework and Protocol 23, which will be rolled out in April and May, respectively.

Pi Network has taken another step toward building its ecosystem. A new update shows that its Launchpad feature has started testing token distribution on the testnet. This test uses a system called the “12-Grid.” While the name may sound complex, the idea is simple. It allows users to subscribe to a

Pi Network is testing its Launchpad functionality, introducing a “12-grid” token distribution system where users can obtain and verify tokens by subscribing to projects. Test results show the system is stable and supports future ecosystem development. Although it is still on the test network, it has already laid the groundwork for the project’s token distribution and smart contract applications. Overall, the project is moving toward a complete blockchain ecosystem.

Pi Network has announced its new custodial smart treasury system, designed to securely hold funds and support a variety of trading needs such as NFTs, token transfers, and DeFi applications. The system manages the transaction flow through four on-chain state management mechanisms to ensure transparency and automation. Before the official launch, it will need to complete state machine definition and security audits; no specific date has been announced yet.

A viral post claimed insiders were liquidating assets except for oil, reflecting traders' concerns about geopolitical tensions and macroeconomic stress. The narrative highlights oil's resilience amid cautious sentiment in crypto markets like BTC and XRP, impacted by factors like Trump's Iran threats.

Pi Network has completed the distribution of rewards for the first round of KYC verification. With more than 1 million validators contributing to the confirmation of 18 million global identities, the reward pool exceeds 26 million Pi Coin. This progress marks a key step toward the mainnet launch, demonstrating the efficiency of human–machine collaboration, optimizing performance mechanisms, and attracting more users to participate.

Pi Network has completed the distribution of rewards to participants who passed the first round of KYC verification. More than 1 million verifiers helped verify approximately 18 million users’ identities, completing 526 million review checks in total, with the reward pool reaching 26.5 million Pi. Eligible verifiers can receive a reward of about 0.0504 Pi per task, and must complete 50 tasks by 2026. New users can still participate in subsequent rewards; the program will optimize performance measurement metrics to influence future reward allocation.

Pi Network released the mandatory agreement 21.2 on April 6 and fully opened its software development kit (SDK), supporting an application development environment for 18 million KYC-verified users. The protocol upgrade mainly improves network stability, laying the groundwork for decentralized exchanges and smart contracts. The SDK unlock enables developers to build practical applications, marking Pi Network’s transition from early mining to payments and decentralized services, but the community still has concerns about communication and transparency.

Pi Network has achieved a milestone with over 1 million validators completing 526 million KYC tasks, showcasing its decentralized identity verification efforts. The hybrid model combines human and AI verification to ensure authenticity. With 18 million identities verified, the project shifts focus from token distribution to building a functional blockchain economy, emphasizing community involvement and long-term utility.

The Pi Network's first large-scale reward distribution for KYC validators involved over 1 million users completing 526 million validation tasks. This decentralized approach enhances security and encourages user participation, paving the way for future expansions.

Pi Network rolls out a security update, requiring Pioneers to enable two-factor authentication (2FA) to protect users’ account and wallet security and prevent loss of funds during the mainnet migration. This move addresses ongoing scam threats and ensures that sensitive actions are approved only by the account owner. At the same time, node operators have upgraded to protocol 21.2 to improve system performance. Users must complete the mainnet migration step by step to safeguard their assets.