Despite increasing criticism of some of its features and initiatives, the Pi Network Core Team continues to make significant announcements regarding KYC progress.
In their latest update, the team provided concrete figures for users who have completed verification and those who have migrated to Mainnet.
Millions Verified
According to the Core Team’s post on X, more than 18.1 million users have successfully passed Pi Network’s Know-Your-Customer verification. Additionally, over 16.7 million Pioneers have been migrated to Mainnet.
The team reiterates Pi Network’s foundational principle that one person equals one account. Each verified account represents a real person, which the team says preserves fairness in mining rewards, ensures payments involve real participants, and gives apps reliable user engagement.
That said, some users remain in “Tentative KYC” status. While many report on X that they have experienced long delays—sometimes months or, in rare instances, years—the Core Team emphasizes that tentative status does not imply outright rejection.
Users in tentative status are asked to complete additional steps while the system performs extra checks for authenticity. This cautious approach is intended to filter bots and fake accounts, protect legitimate users, and maintain the long-term integrity of the network.
The team also noted the recent rollout of AI-assisted infrastructure designed to speed up verification and reduce bottlenecks. Even with increased automation, human review remains an important part of the process to ensure accuracy and security.
PI Returns to the Top 50
The native token’s price has been volatile in recent months. Several breakout attempts were reversed, and subsequent declines pushed the token back toward earlier levels. Heightened selling pressure drove PI below $0.17 at one point, which caused it to fall out of the top 50 altcoins by market capitalization after a 6% weekly drop.
PI has since shown a modest daily recovery, although the weekly performance remains negative. Overall market weakness and recent shifts in other assets helped PI reclaim a position among the top 50 altcoins, with a market capitalization around $1.8 billion.