One Year of Open Network: 16.2 Million Migrations, 17.7 Million KYC Verified — Is Pi Network Quietly Dominating Crypto?

As Pi Network marks one year since the launch of its Open Network phase, new data circulating within the community paints a picture of expansion on a scale rarely seen in the Crypto industry. While mainstream coverage may focus on price movements and exchange listings, deeper ecosystem metrics reveal a different narrative—one centered on adoption, verification, application growth, and real commerce activity.

According to figures shared by @Crypotcoinpi, more than 16.2 million users migrated to the Mainnet over the past year alone. Projections suggest that over 10.1 million additional migrations could occur in 2025. At the same time, more than 17.7 million individuals have successfully completed full KYC verification, positioning Pi Network among the largest identity-verified blockchain communities globally.

These numbers, combined with 300 applications launched on Mainnet and over 148,000 local commerce sellers serving 2.1 million users, signal an ecosystem expanding beyond speculation and into tangible utility.

16.2 Million Migrations in One Year

Migration to Mainnet represents more than a technical process. It signifies the transition from preliminary participation into fully verified and operational engagement within the Pi Network ecosystem.

Over 16.2 million migrations within a single year is a remarkable achievement by industry standards. In the broader Crypto sector, many blockchain networks struggle to reach even a fraction of that number in active participants.

Migration confirms wallet activation, token allocation, and readiness for on-chain participation. It transforms users from observers into active stakeholders capable of transacting, building, and engaging within web3 applications powered by Picoin.

The projected 10.1 million additional migrations expected in 2025 suggest that growth momentum is not slowing. If realized, this would significantly expand the active economic base of the network.

17.7 Million Fully KYC Verified Users

Identity verification has long been one of the most complex challenges in blockchain adoption. Balancing decentralization with compliance requirements presents a delicate task.

Pi Network’s achievement of over 17.7 million fully KYC verified users stands out in the global Crypto landscape. Few blockchain ecosystems have implemented identity verification at such scale.

This milestone has several implications. First, it enhances trust within the network by reducing fraudulent accounts and strengthening transactional legitimacy. Second, it positions Pi Network to navigate regulatory environments more effectively, especially as governments worldwide tighten oversight on digital assets.

From a web3 perspective, verified identities can unlock advanced use cases. Decentralized finance services, merchant platforms, and cross border transactions often require a degree of identity assurance to operate sustainably.

300 Applications Launched on Mainnet

Adoption metrics are most meaningful when paired with application development. According to the data shared, 300 applications have launched on the Mainnet.

Application diversity is a critical indicator of ecosystem maturity. A blockchain limited to basic token transfers lacks economic depth. By contrast, an ecosystem hosting hundreds of applications reflects developer engagement and expanding use cases.

These applications may include marketplaces, service platforms, gaming environments, digital utilities, and community tools. Each additional app increases transactional opportunities and strengthens network effects.

For Picoin, application growth translates directly into utility demand. When users interact with services, purchase goods, or participate in decentralized features, the native Coin becomes embedded in real economic activity.

148,000 Sellers and 2.1 Million Commerce Users

One of the most compelling metrics relates to local commerce. Over 148,000 sellers reportedly participate in the Pi Network commerce ecosystem, serving approximately 2.1 million users.

This dimension distinguishes Pi Network from many speculative Crypto projects. While numerous tokens exist primarily on exchanges, Pi Network appears to be cultivating grassroots commercial activity.

Local commerce participation suggests that Picoin is being used as a medium of exchange rather than merely a store of speculative value. When sellers accept a Coin for goods and services, it transitions from abstract asset to functional currency.

The presence of 148,000 sellers indicates distributed adoption across communities. Such scale enhances resilience and reinforces network value beyond centralized trading platforms.

Things the Market May Overlook

Mainstream narratives in Crypto often emphasize price charts and exchange volume. However, infrastructure growth, identity verification, and application expansion are equally important indicators of long term viability.

The phrase “things Vne News can’t see” highlights a perceived gap between surface level reporting and underlying ecosystem progress. While price discovery remains important, adoption metrics often signal deeper structural development.

If migration, KYC, and commerce activity continue expanding at current rates, Pi Network may be building one of the largest verified user bases in the blockchain sector.

The Strategic Importance of Verified Scale

Scale alone is not enough. Verified scale, however, changes the equation.

With 17.7 million KYC verified participants, the network establishes a foundation for regulatory dialogue and enterprise integration. Businesses exploring web3 partnerships often seek ecosystems with validated user bases.

Moreover, verified users can support more advanced governance models. Voting mechanisms, reward distribution systems, and decentralized decision making processes benefit from confirmed identities.

This structural foundation could position Pi Network as a bridge between decentralized ideals and compliance driven financial systems.

Source: Xpost

Sustaining Momentum into 2025

The projection of 10.1 million additional migrations in 2025 reflects confidence in continued growth. Achieving this target would further solidify Pi Network’s position within the global Crypto ecosystem.

However, sustained expansion depends on multiple factors. Infrastructure must remain scalable. Applications must continue to diversify. Merchant adoption must deepen. Community engagement must stay active.

If these elements align, the combination of verified users, active applications, and commerce integration could create a self reinforcing cycle of adoption.

Broader Web3 Implications

In the evolving web3 landscape, networks that combine user scale with functional applications gain strategic advantages.

Pi Network’s reported metrics suggest an ecosystem attempting to move beyond speculative trading into practical utility. By integrating KYC verification, expanding application layers, and encouraging local commerce, the network aligns itself with a more comprehensive digital economy model.

Such positioning may appeal to regulators, enterprises, and developers seeking stable and scalable blockchain platforms.

Conclusion

One year after the launch of Open Network, Pi Network’s reported metrics reveal significant expansion: 16.2 million migrations, 17.7 million fully KYC verified users, 300 Mainnet applications, and 148,000 sellers serving 2.1 million commerce participants.

These figures, if sustained and expanded, could reshape perceptions of what large scale Crypto adoption looks like.

While headlines may focus on market fluctuations, deeper ecosystem indicators suggest that Pi Network is building structural foundations designed for long term growth in the web3 era. The coming year will determine whether this momentum translates into even broader adoption and stronger economic integration for Picoin within the global digital asset landscape.