TLDR
- Coixa Wallet has applied for KYB approval and is now under review by Pi Core Team.
- KYB approval can help platforms operate formally inside the Pi Network ecosystem.
- Pi Network says Mainnet now runs on Protocol 20 for smart contracts, dApps, and NFTs.
- Large Pi wallet transfers were part of internal stress testing, not real token distribution.
- Open Mainnet access launched in March 2026 as Pi moved toward apps, payments, and Web3 tools.
Pi Network is reviewing Coixa for a KYB listing, and that move has drawn fresh attention. The review comes as the network enters a new growth phase. Community interest is rising as users watch what comes next.
At the same time, Pi Network says Mainnet now runs on Protocol 20. The update prepares the base for smart contracts and apps. It also arrives after open Mainnet access began in March 2026.
Coixa KYB review draws attention in Pi ecosystem
Coixa Wallet has applied for KYB approval, and the request is under review. KYB stands for Know Your Business. It can help platforms work more formally inside the Pi ecosystem.
Approval can also support services tied to trading and token listings. That makes the review an important step for any platform seeking a larger role. Coixa is now waiting for a decision from Pi Core Team.
Coixa launched in late 2025 as a Web3 wallet and DeFi gateway. It says it supports trading, staking, and dApp access. A successful review could move it closer to official recognition on Pi.
Protocol 20 sets the base for apps and smart contracts
Pi Core Team has confirmed that Mainnet migrated to Protocol 20. The change activates core support for smart contracts, dApps, and NFTs. It moves the network beyond simple token transfers.
PiNetwork DEX commented on the shift in a public statement. It said, “with Mainnet on Protocol 20, the foundation for smart contracts is set.” The team also called this the start of a “utility era.”
For years, Pi focused on mobile mining and network growth. Now, the roadmap is moving toward apps, payments, and Web3 tools. The team has also said deployment will remain careful and gradual.
Developers are watching the change closely, and many are preparing future applications. The staged rollout is meant to protect network stability. It also gives builders time to adjust as tools mature.
Wallet test activity briefly caused confusion
Large wallet transfers also sparked questions across the Pi community. Some users linked the activity to possible network problems. That quickly led to rumors about balances and token distribution.
Developers later said the wallet was used for stress testing only. They said it was not tied to mainnet balances. They also said the transfers were never meant for public circulation.
After testing ended, the wallet activity was removed. That explanation eased some concerns, although debate still continues. The clarification came during a period of growing attention around Pi.
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