Pi Network Enters Second Mainnet Phase: Real Decentralization Begins

Pi Network has reached another major milestone in its journey toward full decentralization. With the launch of its second Mainnet migration phase, the community-driven crypto project is making significant strides in building a secure, transparent, and decentralized ecosystem. Over 2.69 million users have successfully migrated to the Open Mainnet, marking a major shift in token distribution and user control.

What’s Changing in the Second Mainnet Migration?

Mainnet migration is a crucial step in transitioning Pi Network from its development phase to a fully operational blockchain ecosystem. In this second phase, millions of Pi tokens have been moved from centralized exchanges (CEX) to user wallets, tightening market supply and enhancing community ownership.

More than 10 million Pi tokens—worth approximately $2.3 million—have been withdrawn from exchanges, while an additional 2 million tokens have already begun flowing into user wallets post-migration. This reflects a tangible shift from centralized holdings to decentralized control.

The Importance of KYC in Phase Two

The second migration phase also introduces strict identity verification through Know Your Customer (KYC) protocols. Pi Network reinforces its “one person, one account” principle to uphold the integrity of its ecosystem. Using AI-powered fast-track KYC, over 3.36 million new users have been verified, bringing the total number of verified Pioneers close to 15 million.

KYC is not just about security—it ensures fair token distribution and prevents system manipulation by duplicate accounts or bots. Pi Network demonstrates that decentralization must be accompanied by structure, trust, and transparency.

Market Impact and Ecosystem Growth

The migration of tokens from exchanges to personal wallets has a direct impact on market dynamics. With tighter supply on exchanges, selling pressure is reduced, and token value may stabilize. This also incentivizes users to engage actively in the ecosystem rather than participate solely as speculators.

Furthermore, this migration paves the way for the development of decentralized applications (dApps) that use Pi as a primary medium of exchange. As more users gain direct control over their tokens, the potential to build a thriving digital economy around Pi expands.

🚨 Pi Network's Second Mainnet Migration is LIVE! 🚀

Just completed: 2.69M Pioneers successfully migrated to Open Mainnet!
🔥 10M+ PI (~$2.3M) moved from exchanges → tightened CEX supply
📈 2M PI inflows post-migration already hitting wallets

Phase 2 is NOW ACTIVE – KYC… pic.twitter.com/sZAQAQbZXR

— Pi Open Mainnet (@piopennetwork) October 31, 2025

Toward True Decentralization

Pi Network has long championed an inclusive vision of decentralization. The second Mainnet migration proves that this vision is not just rhetoric—it’s a concrete step toward a fair and open financial system. With millions of verified users and tokens distributed across the community, Pi Network is approaching a point where control no longer rests with a few, but with millions of Pioneers.

Challenges and Next Steps

Despite these achievements, Pi Network still faces challenges. One key issue is ensuring that all users complete the KYC process in time. Without verification, users risk missing out on migration and ecosystem benefits.

The development team must also continue to enhance technical infrastructure, expand partnerships, and strengthen public education to ensure optimal adoption of Pi Coin. With strong community support and a clear strategic direction, Pi Network is well-positioned to become a major player in the crypto and web3 space.

Conclusion

Pi Network’s second Mainnet migration is not just about moving tokens—it’s a fundamental transformation in how digital ownership is understood. With rigorous identity verification, reduced exchange supply, and increased user control, Pi Network is proving that decentralization can coexist with integrity and security.

This milestone reinforces Pi’s position as a serious crypto project committed to building an inclusive and transparent digital financial future.

Writer @Ellena

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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