March 3 News: The Pi Network ecosystem has recently shown significant progress again. Community tracking data indicates that the system migration engine has recently accelerated, with approximately 50 million Pi coins being mapped to verified user accounts daily. At the same time, the total Pi coins in the mainnet wallet has surpassed 9 billion, marking a new milestone in the mainnet migration phase.
According to information shared by community members, the Pi block explorer has recently recorded a large number of transfer transactions, with single transactions often reaching tens of millions of Pi coins. These tokens are usually transferred from system addresses to user-associated wallets, indicating that more early mining rewards are gradually entering the mainnet circulation system. Some screenshots also show that most Pi coins are still locked and will be gradually unlocked in future phases.
Previous statistics showed that in February 2026 alone, about 790 million Pi coins were mapped, involving approximately 497,000 accounts. If the current migration pace remains stable, the scale of migration in March could further expand. However, it should be noted that the Pi Core Team has not publicly confirmed the daily migration volume, so relevant data mainly comes from community observation and on-chain tracking.
Meanwhile, the expansion of the mainnet scale has also become a focus of discussion. Community observers estimate that over 9 billion Pi coins are now stored in the mainnet wallets. Pi Network previously disclosed that over 17.7 million users have completed KYC verification, and more than 16 million mainnet migrations have been completed in total. Additionally, the official states that more than 300 applications are running or in development on the mainnet, which are considered key foundations for building a practical blockchain economy within the Pi ecosystem.
Another noteworthy development is the KYC verifier reward mechanism. Community updates show that this reward system has entered the final testing phase and is expected to go live by the end of March 2026. If the plan proceeds smoothly, verifiers who participated in user identity verification over the past few years may receive corresponding rewards. This initiative is expected to ease the long-standing wait and frustration among community members.
Currently, the core focus of Pi Network remains on mainnet migration, user verification, and ecosystem application expansion, rather than token price. As the supply of Pi tokens on the mainnet continues to grow, whether real application scenarios and active economic systems can be formed in the future will be key factors in determining the long-term value of Pi Network.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pi Network Explores AI Training With Over 421K Nodes in New Proof-of-Concept
Pi Network has over 421,000 Nodes, representing more than 1 million CPUs, that could support opt-in AI computing tasks.
In the OpenMind pilot, 7 Pi Node operators returned image-inference results within 4 seconds, including labels such as “bus” and “person”.
Pi Network is testing a new use f
CryptoNewsFlash7h ago
PI Token Maintains Bullish Trend as Anticipation for Pi Day Grows
PI token trades above $0.21 after rallying over 25% in the past 7 days as anticipation for the upcoming Pi Day on March 14 grows.
PiScan recorded 3 million PI deposits to exchanges in 24 hours, suggesting near-term profit taking which could reverse the bullish trend.
Pi Network’s PI token tr
CryptoNewsFlash8h ago
Pi Network Approaches Key Price Level — Breakout or Bull Trap Ahead?
Price Action: PI trades near $0.20 supply zone after short-term 5% rally.
Technical Signals: H4 chart bullish, but higher timeframe trends remain bearish.
Trading Strategy: Watch $0.1857 support and $0.216 resistance for breakout or bull trap confirmation.
Pi Network has shown
CryptoNewsLand8h ago
Pi Network announces that KYC validator rewards will be distributed by the end of March, with 17 million users having completed identity verification.
Pi Network announces that rewards will be distributed to KYC verifiers by the end of March 2026. These volunteers are responsible for verifying user identities to ensure network security. Currently, 17 million users have completed identity verification. Project updates include node upgrades and the possible launch of decentralized trading features, aiming to promote network development. The user base has already exceeded 50 million.
GateNews10h ago
Pi Network KYC Validators Set to Receive Rewards in March
Pi Network news today report it will soon reward community members. Those who helped verify user identities on the platform. KYC validators are expected to receive their rewards by the end of March. These validators played a key role in verifying
Coinfomania10h ago
Pi Network Price Surges 70% from February Lows as Pi Day and Network Upgrades Fuel Momentum
Pi Network's native token has rallied approximately 70 percent from its February 12 all-time low of $0.1312 to trade near $0.2165 on March 9, 2026, driven by anticipation surrounding the upcoming Pi Day event on March 14 and ongoing core network upgrades.
CryptopulseElite11h ago
