Pi Network Moves Beyond Mobile Mining As Web3 Commerce Utility Expands

TLDR

Table of Contents

Pi Network is moving from mobile mining toward a Web3 commerce model with Pi payments.
More than 18 million users have completed KYC verification on the Pi Network ecosystem.
Pi Network launched its second mainnet migration on March 8, 2026.
Pi Coin rose about 7% ahead of Pi Day as traders watched for ecosystem updates.

Pi Network is moving beyond its early mobile mining model and toward real commerce use. The project is now placing more focus on Web3 utility, payments, and live blockchain activity.

This shift comes as the network reports more than 18 million verified users. It also follows the launch of a second mainnet migration on March 8, 2026, ahead of Pi Day on March 14.

Pi Network shifts focus from mining to commerce

Pi Network became known for letting users mine Pi Coin on smartphones. That approach helped the project reach a wide global audience without costly hardware.

Now, the team is pushing the ecosystem toward practical use. The current focus is on building a commerce-based Web3 network where Pi Coin can be used for payments.

From Mining to Real Commerce: How Pi Network Is Pushing a New Revolution in the Web3 Economyhttps://t.co/AGxT1S0v09
— HOKANEWS.COM (@hokanewscom) March 11, 2026

The project’s long-term plan goes beyond mining rewards. It aims to support apps, transactions, and user activity on the live blockchain.

This change is taking place as more users complete identity checks. Verified participation remains a core part of how the network wants to support trusted activity.

Verified users and migration support network growth

Pi Network says over 18 million users have completed KYC verification. That figure gives the platform a large pool of users who can take part in the live ecosystem.

The network launched its second mainnet migration on March 8, 2026. This step allows more users to move mined Pi to the main blockchain environment.

The migration arrived just days before Pi Day on March 14. That date has often been used by the project for updates and ecosystem announcements.

The report also noted that protocol version 20.2 is expected soon. The update is set to bring performance changes and added ecosystem functions.

A larger verified user base could support payment activity and app use. It could also help the network expand its commerce role within its Web3 plan.

Pi Day interest lifts attention on price and exchange expectations

Market attention has also increased before Pi Day. Pi Coin recently rose about 7% and traded near $0.21, according to the report.

The article said one large holder continued buying Pi Coin this week. It stated that the buyer purchased 2.4 million tokens worth more than $525,000 on Tuesday.

It also said the same holder bought 1.14 million tokens on Saturday. Another 1.8 million tokens were reportedly bought on Thursday.

That activity brought the holder’s total to 389 million tokens, valued near $84 million. Traders have linked this buying trend to expectations of further price gains.

There is also speculation around possible exchange listings. The report said some community members expect more listings, including a possible future move by Kraken.

Kraken has already placed Pi on its listing roadmap this year, according to the report. No formal listing date was stated in the shared update.