Pi Network Marks One Year of Growth Across KYC Nodes And Mainnet Wallets

TLDR

Table of Contents

Pi Network reaches 17.7 million KYC completions and 16.2 million Mainnet migrations.
Over 9 billion Pi mined has moved to Mainnet wallets as of February 2026.
The platform hosts 300+ Mainnet applications and 421,000 active nodes.
Pi Network introduces Ecosystem Token Design requiring working products before token issuance.

Pi Network marks one year since opening its network to external participants, showing steady growth across users, developers, and applications. The platform reports 17.7 million KYC completions, 16.2 million Mainnet migrations, and over 9 billion Pi moved to Mainnet wallets. This milestone reflects increasing adoption, active nodes, and the introduction of a new Ecosystem Token Design.

Pi Network Reports Ecosystem Growth Since Open Network Launch

Pi Network has reported continued growth across multiple areas since the launch of its Open Network. The project noted progress in KYC completions, Mainnet migrations, and developer activity. These results reflect ongoing participation by Pioneers, developers, businesses, and KYC validators worldwide.

Since the launch of Open Network, Pi has continued expanding across multiple dimensions of the ecosystem—from KYC and Mainnet migrations to developer activity and overall network participation. These milestones reflect the steady progress made possible through the collective… pic.twitter.com/rdYM0xFDlM
— Pi Network (@PiCoreTeam) February 24, 2026

The update comes one year after the network opened to external participants. Pi Network’s Core Team shared key figures that demonstrate steady onboarding into the live blockchain ecosystem.

Growth in Users and Mainnet Activity

Pi Network has achieved 17.7 million KYC completions and 16.2 million successful Mainnet migrations as of February 2026. This reflects increased participation beyond mobile mining.

The network also reported that more than 9 billion Pi mined has been transferred to Mainnet wallets. “This shows growing engagement from our users as the ecosystem moves toward real-world use,” the Core Team stated.

User participation is complemented by developer activity. Over 300 Mainnet applications have been launched, and the network now supports 421,000 active nodes. These numbers indicate steady technical growth and network expansion.

Ecosystem Token Design and Product Development

Pi Network introduced a new Ecosystem Token Design to encourage real-world utility. The model requires projects to have a working product before issuing tokens.

Proceeds from token sales will go into a Liquidity Pool rather than directly to the project. This approach is designed to focus on product engagement and accountability. Analysts and investors are observing how this model affects liquidity and adoption.

Community feedback on the design is mixed. Many users appreciate the focus on real products, while others continue to raise concerns about token liquidity and integration timelines.

Network Expansion and Developer Activity

The platform now hosts over 300 active applications across various sectors. Pi Network’s developer community continues to grow, contributing to both technical improvements and ecosystem innovation.

Active nodes have reached 421,000, suggesting a robust distributed network structure. Network participation from validators and businesses has supported the transition to Mainnet and KYC completion. These developments indicate a functional blockchain ecosystem with practical use cases.

Regulatory Environment and Market Context

Pi Network operates amid evolving regulatory standards. FATF guidance favors regulation over prohibition, affecting crypto governance globally.

Other blockchain platforms show parallel growth, including Pay Protocol’s $20 million monthly USDT and USDC volumes on TRON, as well as Crypto.com’s conditional U.S. bank charter approval. These trends indicate increasing institutional activity in the broader crypto market.