Pi Network Unveils Major Growth Milestones After Open Network Year

Pi Network reports strong growth as Mainnet migrations, KYC completions, and developer activity rise across its expanding ecosystem.

Areeba Rashid
February 24, 2026
9:45 pm

Areeba Rashid

Areeba Rashid is a dedicated crypto news writer with a passion for making complex topics accessible to everyone. She covers the latest developments in the crypto world, including in-depth price analysis, helping readers stay informed and make sense of market trends.

Pi Network sees sharp growth with 16.2M Mainnet migrations and 17.7M users completing KYC.
Developer activity rises as Mainnet apps top 300 and App Studio enables 46,000+ builds.
Network expands with 148k sellers, 2.1M commerce users, and 421k active nodes supporting stability.

Pi Network reported that there was significant growth within the network after launching the Open Network last year. The project said it recorded significant improvement in KYC verification, migration to Mainnet, and development activity within the network.

The Pi Core Team shared an update on X. According to the team, more than 16.2 million users have migrated to the Mainnet from last year’s 10.1 million users. The users who completed their KYC verification, with the number growing to 17.7 million.

There was a significant improvement in development activity within the network, with the number of applications on the mainnet growing to more than 300. The Pi App Studio also saw growth. It enabled the creation of more than 46,000 apps across the ecosystem.

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

Commerce Growth and Infrastructure Gains Boost Pi Ecosystem

Local commerce activity expanded, with the number of sellers growing to 148,000 on the network. There are currently 2.1 million users participating in Pi-related transactions on the network, with the number almost doubling from last year.

Improvement in network infrastructure, with the number of active nodes growing to 421,000. These nodes are essential for the operation of the blockchain and enhance the stability of the network.

Hackathon participation increased as well. The number of submissions is growing to more than 200 in recent hackathons. Community engagement continues through ranking, with more than 111 million Pi staked for the network.

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The global evangelist YouLong commented on the update. He encouraged the team to release the mined tokens to the eligible users. He stated that the release of the tokens needs to be done as soon as possible.

Pi Network Advances Protocol Updates and Seeks User Input

The Pi Core Team is still working on upgrading the components of the network. The team has successfully implemented the new protocol version 19.6.

The team has stated that it is essential to the current operations. The team is preparing the next upgrade, which will be version 19.9.

Network Update: Protocol v19.6 migration successfully completed ✅ Next up is v19.9 — the final step before v20. Node operators should make sure they’re upgraded and stay tuned for further instructions: https://t.co/mnbwVzhaD9
— Pi Network (@PiCoreTeam) February 20, 2026

The team has asked the community to give feedback. The pioneers can view the Ecosystem Token Design document. They can also give feedback through a Google Form. The feedback includes questions about KYC usage, AI, and token design.

As of press time, Pi is trading at $0.1618. The coin has increased by 0.05% in the last 24 hours. The trading volume is $15.24 million, up 6.93%, according to CoinMarketCap.

Pi Network plans to enhance the user experience. The team is working to make KYC verification easier. The project also plans to support more applications. It will continue improving tools for developers.

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