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Pi Network Token (PI) rose 22% on Oct. 29, driven by renewed community excitement and speculation over the long-awaited open mainnet launch. Although some community developers and ecosystem trackers debunked rumors of the network transitioning from testnet to live mainnet, sentiment remains upbeat due to progress in KYC verification rollout and upcoming Pi Network Testnet2 v23 upgrade, which will feature smart contract and DeFi integration. PI's trading volume surged by 128% in the past 24 hours, reaching $112 million.

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