Pi Network Turns One: Milestones, Migration Gaps, and What’s Next for Pi Coin

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Pi Network Price Accelerates as Anniversary Nears Is a Breakout Brewing

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Pi Network’s open mainnet just turned one. From exchange listings and protocol upgrades to over 16 million migrated users, the past year reads like a highlight reel. But behind the milestones, a different story is playing out.

A significant portion of the Pi community still can’t touch their coins. KYC remains incomplete for millions. Tokens sit unmigrated. Balances show zero.

As crypto creator Crypto Boy highlighted in a recent breakdown, “Although one year is completed but still people are facing problems, are waiting, waiting for their Pi coin.”

The gap between what’s been announced and what users have actually experienced has become a recurring theme across the Pi ecosystem.

2FA Is Now a Hard Blocker

Users who haven’t completed two-factor authentication are stuck. The mainnet checklist requires Facebook verification, phone number, and email before any tokens can migrate.

This isn’t optional. As Crypto Boy put it, “It is one of the most important thing to migrate your Pi coin to the mainnet wallet.”

Without it, Pi stays locked regardless of how long someone has been mining.

Pi Node Upgrade Roadmap: Five Versions Still to Go

The v19.6 protocol upgrade completed successfully on February 15. But the road ahead is long.

Next up: v19.9 is targeted for February 27. Version 20.2 follows on March 12. After that, the network still needs to push through to version 23. That’s five more upgrades after the one that just shipped.

Every step is sequential. All nodes must complete each upgrade before the network moves forward.

Pi nodes run on the Stellar Consensus Protocol, validating transactions and maintaining the blockchain’s decentralized backbone. Node operators earn additional Pi rewards for their role.