Pi Network announced this week that 3.36 million users have successfully completed full KYC verification, marking a major milestone for the mobile mining project. The update follows the rollout of an AI-driven verification system designed to accelerate the approval of pending KYC cases and improve overall network integrity.
Despite this progress, the Pi token (PI) continues to face pressure in the market. As of today, it trades at $0.2041, up 0.88% in the last 24 hours, with a market cap of $1.69 billion and $12.07 million in trading volume, according to CoinMarketCap data, a 26.2% drop in daily volume.
The Pi Core Team has confirmed that 2.69 million verified users have already migrated to the mainnet and reiterated its commitment to building a fully decentralized Web3 ecosystem. The next development phase is expected to focus on expanding ecosystem applications and preparing for open mainnet operations.
Source: https://coinmarketcap.com/currencies/pi/
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