Pi Network Transitions to Open Network, Unlocks 2.5 Million Users and Enhances KYC Processes

Pi Network has transitioned to the Open Network phase, enabling external connectivity and real-world utility for Pi tokens as of February 20, 2025.

The network has unblocked 2.5 million users for mainnet migration through improved KYC processes and a new palm print authentication beta.

According to reports, Kraken has added Pi Network to its 2026 roadmap, indicating potential future listing and increasing interest in Pi Coin.

Pi Network has entered a new phase in its development by transitioning to the Open Network, which allows for external connectivity and broader use cases. This milestone follows years of development through design, Testnet, and enclosed Mainnet phases. The Open Network is built on the Stellar Consensus Protocol (SCP) and aims to provide a user-friendly blockchain experience with a focus on decentralization and accessibility.

The migration to the Open Network has been a multi-year process involving the verification of mining data and ensuring fair token distribution. A total of 100 billion Pi tokens are capped, with 65% allocated for community mining rewards. Monthly mining rewards decrease over time and are influenced by user contributions such as security participation and utility app engagement.

Pi Network has also taken steps to enhance security and user verification. The network has implemented palm print authentication in testing as part of its KYC upgrades. This method adds an additional layer of security for account verification without requiring face scans. It is expected to improve user onboarding while maintaining strong security and scalability.

What is the significance of Pi Network's Open Network transition?

The transition to the Open Network also supports the launch of initiatives such as Gargoura Digital Bank on Testnet and a 1B Pi liquidity pool. These efforts are intended to strengthen the network's utility beyond social mining and create a robust ecosystem with at least 100 applications.

What are the challenges and future developments for Pi Network?

Despite these developments, Pi Network faces challenges such as exchange adoption delays and internal controversies. The price of Pi Coin is currently under heavy selling pressure and has fallen below $0.1533, a key support level.

Upcoming token unlocks in February 2026 are expected to increase supply and potentially depress prices in the short term. Long-term recovery will depend on transitioning the ecosystem from mining to utility and demonstrating sustained price support.

The network has also launched a Community Commerce Holiday Initiative to encourage holiday shopping using Pi, highlighting its utility as a payment ecosystem.

How is Pi Network managing security and user engagement during the transition?

Pi Network is streamlining its KYC process and enhancing user verification to improve security and engagement. The network has unblocked 2.5 million users who were previously restricted due to security and compliance checks. These users can now complete their Mainnet migration if they are active miners and have completed the necessary checklist.

The network has also implemented AI-driven verification and improved liveness checks to combat fraud. Future plans include expanding palm print authentication and KYC validation rewards for community reviewers.

Validation rewards for early Pioneers are scheduled for March 2026, recognizing the contributions of users who helped secure the network. These rewards are a crucial part of Pi Network's incentive structure, reinforcing trust and engagement while ensuring the network's security and reliability according to project leaders.

The community has responded positively to these updates, with increased activity and engagement. The reflective shift as the network approaches Full Mainnet highlights the emotional and social bonds formed over years of participation.

The transition to the Open Network and the ongoing developments in security and user engagement demonstrate Pi Network's commitment to building a robust and scalable ecosystem. These efforts are expected to support long-term growth and adoption, positioning Pi as a KYC-verified blockchain with real-world financial use cases.