#pi

According to the information released by Pi Network official on the first anniversary of the open network (February 20, 2026), the recent core focus of the project is emphasizing a development path that prioritizes practicality, along with the announcement of the future technical roadmap.

Here are the key updates summarized for you:

🚀 Core Data Milestones

· KYC Verification: Approximately 17.7 million pioneers have completed verification.
· Mainnet Migration: About 16.2 million users have successfully migrated to the mainnet, with over 9 billion Pi transferred into mainnet wallets.
· Ecosystem Nodes: The total active nodes exceed 421,000, supporting network decentralization and stable operation.
· Ecosystem Applications: Over 300 applications are live on the mainnet, with approximately 148,000 merchants accepting Pi payments on Pi Maps.

🔮 Development Plan for 2026

The founding team announced three major strategic focuses during the anniversary celebration:

· Ecosystem Tokens: Support for application-specific tokens alongside Pi coins, and the introduction of Automated Market Maker (AMM) functionality to facilitate token trading within the ecosystem.
· KYC as a Service: Expanding Pi’s KYC infrastructure into an independent service offered to other Web3 projects or enterprises, creating an identity verification layer.
· Artificial Intelligence (AI) Integration: Launching AI features to optimize platform operations and enhance developer productivity, such as providing smarter development tools and system health analytics.

🌐 Community and Market Dynamics

· Real-world Business Adoption: Ecosystem application Mobix is driving global expansion plans, recruiting volunteer representatives from various regions to build localized business networks, encouraging Pi’s use for payments and circulation in real-world scenarios.
· Technical Upgrades: The network has completed Protocol v19.6 upgrade and plans to advance to v23 in 2026, while preparing for the upgrade of Pi DEX (Decentralized Exchange).

Overall, Pi Network is attempting to support its long-term value by building a real application ecosystem, but in the short term, it still faces challenges related to delivery progress and market expectations.