Pi Network's 770,000 Coin Increase Indicates Mainnet Launch is Imminent

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Pi Network's 770,000 Coin Increase Indicates Mainnet Launch is Imminent

Bitget-RWA2025/11/17 08:14

By:Bitget-RWA

- Pi Network mapped 770,000 coins in one day, signaling mainnet readiness as blockchain infrastructure advances toward smart contract support. - Testnet 1's low failure rates and v23 protocol testing confirm stability, while developers prepare liquidity pools and token creation tools. - Pi's price rose above $0.22 amid new Pi App Studio features and AI partnerships, expanding its decentralized ecosystem beyond finance. - Fast-track KYC and OpenMind collaboration highlight growth strategies, though regulato

Pi Network Experiences Spike as 770,000 Coins Are Mapped in a Single Day

The mobile-first cryptocurrency initiative, Pi Network, has reached a notable achievement with 770,000 Pi coins mapped within just one day, reflecting increasing

traction

as the highly anticipated mainnet launch approaches. This uptick occurs while the network continues to enhance its blockchain technology and broaden its goal of creating a decentralized financial system.

This recent surge is consistent with Pi Network’s overarching plan to evolve from a mobile mining platform into a comprehensive blockchain that can host smart contracts and decentralized applications (dApps).

Pi Network's 770,000 Coin Increase Indicates Mainnet Launch is Imminent image 0

A major milestone in this transition was the strong performance of Testnet 1, which showed minimal transaction failures and maintained stability even during periods of heavy usage. The development team called these outcomes a "vital milestone" on the path to the mainnet upgrade,

with the v23 protocol currently undergoing advanced testing

. The core team has also published new documentation to support developers in launching tokens and preparing for liquidity pools,

further reinforcing the platform’s preparedness

At the same time, Pi Network’s token price has begun to rebound, trading above $0.2200 as of late November 2025. This positive trend followed the introduction of new features in the Pi App Studio, designed to help developers create tailored applications for the Pi ecosystem.

Experts observe that the token maintaining a position above the 50-day exponential moving average

may signal a possible bullish trend reversal, though a rise in deposits to centralized exchange wallets indicates some investors are taking profits.

The network’s growth strategy also reaches beyond finance. Pi Network has joined forces with OpenMind to pursue decentralized AI training, enabling node operators to lend computational resources to AI initiatives. This move highlights Pi’s vision to become a versatile platform,

merging blockchain with cutting-edge technologies such as artificial intelligence

. The project has also rolled out an expedited KYC process to speed up wallet activation for newcomers,

with the goal of increasing engagement before the mainnet goes live

Although progress has been made, obstacles persist. Skeptics point to the necessity for clearer regulations and broader exchange availability to achieve widespread adoption. With a market capitalization currently around $28.4 million and a price close to $0.2162,

Pi Coin’s journey toward widespread recognition will rely

on its capacity to comply with regulatory standards and prove its practical value.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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