Pi Network Introduces Passkeys and 200% Lockup Rewards Amid Rising Token Lockups

Generated by AI AgentCoin World
Tuesday, Aug 5, 2025 7:23 pm ET2min read
Aime RobotAime Summary

- Pi Network introduces Passkeys for secure biometric/PIN login to enhance wallet security and combat phishing risks.

- Users can now lock Pi tokens pre- or post-Mainnet migration, with post-migration lockups offering 200% reward boosts.

- Over 3.3M Pi tokens locked in 24 hours, potentially reducing supply and raising speculation about price stability/appreciation.

- Rumored 2025 open-source transition and Openmind AGI investment aim to boost transparency and ecosystem expansion.

Pi Network has been drawing renewed interest from its community following several recent developments, including increased token lockups, enhanced security measures, and potential ecosystem expansion. One of the most significant updates is the implementation of Passkeys within the Pi Wallet, which introduces a more secure and convenient login method using biometric or PIN verification. This move aims to reduce account vulnerabilities and improve user trust, particularly amid concerns about account verification and phishing risks [7].

In addition, the Pi Core Team has been actively encouraging users to lock up their Pi tokens to boost mining rewards. According to the latest guidance, Pioneers can voluntarily create lockups either before or after migration to the Mainnet. Pre-migration lockups influence future balances during migration, while post-migration lockups apply directly to on-chain tokens and offer a 200% boost option for additional rewards [7]. This strategy is intended to incentivize long-term participation and strengthen the network's stability.

Recent on-chain activity also suggests growing confidence in the Pi Network’s future. Over the past 24 hours, more than 3.3 million Pi tokens were locked, a move that could potentially reduce circulating supply and increase token value. This trend has raised questions about whether increased lockups will lead to greater price stability or even a gradual appreciation in Pi’s market value [4].

Despite the positive developments, Pi’s current price remains around $0.35, which is slightly above its all-time low of $0.34 [6]. Monthly price forecasts indicate a potential increase to $0.3932 by August 2025 and $0.4015 by January 2026 [3]. However, it is essential to note that these projections are speculative and based on trend analysis rather than concrete data.

Another point of discussion within the Pi community is the rumored open-source transition of the network, with some speculating that it may occur in September 2025 [8]. While no official confirmation has been provided, the move would likely enhance transparency and attract broader developer participation, which could have positive implications for Pi’s long-term viability.

Furthermore, the integration of Pi Network with external platforms has also generated interest. A recent update confirmed that Pi Network Ventures has invested in Openmind AGI, a project focused on artificial general intelligence. This collaboration has sparked speculation about its potential impact on the Pi ecosystem, particularly in terms of attracting new users and expanding use cases [9].

The recent emphasis on security and user engagement reflects the Pi Network's broader strategy to evolve from a mobile-based mining experiment into a more robust digital currency platform. As the network approaches the anticipated Mainnet launch and open-source transition, market participants will be watching closely for signs of increased utility, adoption, and institutional interest.

Source: [1] Pi Network Pi Price Prediction and Market Trends (https://www.bitget.com/wiki/pi-network-pi-price-prediction)

[2] Pi Network Predictions: Future Trends and Insights (https://www.bitget.com/wiki/pi-network-pi-price-predicciones)

[3] Pi(PI)Price prediction (https://www.bitget.site/price/pi-network/price-prediction)

[4] Whales Lock 3.3M Pi Coins in 24 Hours As Daily Unlocks ... (https://m.facebook.com/manuel.guevarra.369210/photos/whales-lock-33m-pi-coins-in-24-hours-as-daily-unlocks-drop-from-9m-tokens-to-59-/736844592562085/)

[5] Pi Network [IOU] Price, PI Price, Live Charts, and Marketcap (https://www.coinbase.com/price/pi-network)

[6] The Pi price is currently around $0.35, which is just above ... (https://www.facebook.com/manuel.guevarra.369210/posts/the-pi-price-is-currently-around-035-which-is-just-above-its-all-time-low-of-034/736878579225353/)

[7] Important Security Update for All Pi Network Users (https://cryptoadventure.com/important-security-update-for-all-pi-network-users-details-inside/)

[8] Fact Check: Is Pi Network Going Fully Open Source Next Month (https://www.binance.com/square/post/27868644444609)

[9] The Times of PiNetwork (@PiNetwork24X7) / X (https://x.com/pinetwork24x7?lang=en)

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