March 3 News: The Pi Network ecosystem has recently shown significant progress again. Community tracking data indicates that the system migration engine has recently accelerated, with approximately 50 million Pi coins being mapped to verified user accounts daily. At the same time, the total Pi coins in the mainnet wallet has surpassed 9 billion, marking a new milestone in the mainnet migration phase.
According to information shared by community members, the Pi block explorer has recently recorded a large number of transfer transactions, with single transactions often reaching tens of millions of Pi coins. These tokens are usually transferred from system addresses to user-associated wallets, indicating that more early mining rewards are gradually entering the mainnet circulation system. Some screenshots also show that most Pi coins are still locked and will be gradually unlocked in future phases.
Previous statistics showed that in February 2026 alone, about 790 million Pi coins were mapped, involving approximately 497,000 accounts. If the current migration pace remains stable, the scale of migration in March could further expand. However, it should be noted that the Pi Core Team has not publicly confirmed the daily migration volume, so relevant data mainly comes from community observation and on-chain tracking.
Meanwhile, the expansion of the mainnet scale has also become a focus of discussion. Community observers estimate that over 9 billion Pi coins are now stored in the mainnet wallets. Pi Network previously disclosed that over 17.7 million users have completed KYC verification, and more than 16 million mainnet migrations have been completed in total. Additionally, the official states that more than 300 applications are running or in development on the mainnet, which are considered key foundations for building a practical blockchain economy within the Pi ecosystem.
Another noteworthy development is the KYC verifier reward mechanism. Community updates show that this reward system has entered the final testing phase and is expected to go live by the end of March 2026. If the plan proceeds smoothly, verifiers who participated in user identity verification over the past few years may receive corresponding rewards. This initiative is expected to ease the long-standing wait and frustration among community members.
Currently, the core focus of Pi Network remains on mainnet migration, user verification, and ecosystem application expansion, rather than token price. As the supply of Pi tokens on the mainnet continues to grow, whether real application scenarios and active economic systems can be formed in the future will be key factors in determining the long-term value of Pi Network.
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