Pi Network has entered a new phase of technical growth with the launch of smart contracts on Testnet2, marking a major step toward real-world application development. With this upgrade, developers can now deploy and test fully functional decentralized applications, including on-chain logic, payments, and user interactions, rather than relying on theoretical prototypes. Community feedback indicates that on-chain performance remains stable as these new tools are introduced, signaling a focus on scalability and reliability rather than short-term market speculation.
At the same time, Pi Network’s infrastructure has expanded rapidly. According to community disclosures, the number of mainnet nodes increased tenfold in 2025. This sharp rise strengthens decentralization, improves network resilience, and enhances uptime. Running a node requires both technical effort and long-term commitment, so such growth suggests rising confidence among participants. As a result, Pi’s base layer now appears significantly more mature and better prepared to handle higher transaction volumes and future mainnet expansion.
A key differentiator for Pi Network is its large, verified user base. More than 17.5 million users have completed KYC, creating one of the largest identity-verified communities in Web3. For developers, this provides a rare advantage: access to real users rather than bots. This lowers fraud risk and makes practical use cases such as payments, social applications, and loyalty programs far more viable.
This focus on utility was evident during the Pi Hackathon 2025, which attracted 215 project submissions. Many entries emphasized real-world adoption, including merchant tools, games, and social platforms. Examples such as Starmax, a local loyalty and rewards app, and RUN FOR PI, a game integrating Pi into its in-app economy, highlight a shift toward daily usage rather than speculative activity.
Overall, Pi Network’s current trajectory emphasizes fundamentals over hype. Smart contracts, rapid node growth, and a large KYC-verified audience together form the foundation of a potential real-world digital economy. While progress remains gradual, the network appears focused on long-term infrastructure and developer adoption, positioning utility—not price action—as the primary driver of future growth.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crypto Market News Today: DeepSnitch AI Hijacks the Tape With a 190% Blast Ahead of Launch as Tokenized Stocks Crack $1B and Pi, Stellar Get Drowned Out
In the latest crypto market news today, tokenized stocks just crossed $1 billion in on-chain value.
This is a 2,900% surge in twelve months, driven by retail access and real capital flowing into DeFi through TradFi instruments. The convergence of Wall Street and blockchain is no longer a
CaptainAltcoin6h ago
Pi Network Migration Moves 85K Pi Before Pausing Again
The migration process on Pi Network briefly restarted on March 10 before stopping again. During this short window, the network transferred about 85,000 Pi coins to user wallets. The migration resumed around 3 PM Beijing time, according to community updates. But the process paused again after the tra
Coinfomania6h ago
PI Token Maintains Bullish Trend as Anticipation for Pi Day Grows
PI token trades above $0.21 after rallying over 25% in the past 7 days as anticipation for the upcoming Pi Day on March 14 grows.
PiScan recorded 3 million PI deposits to exchanges in 24 hours, suggesting near-term profit taking which could reverse the bullish trend.
Pi Network’s PI token tr
CryptoNewsFlash10h ago
Pi Network's rally stalls, CEX deposits surge indicating profit-taking
Pi Network (PI) surged over 25% in March, but CEX deposits skyrocketed to 3.91 million coins, indicating profit-taking pressure is accumulating. Social media buzz is increasing, and technical indicators are bullish, but the overall trend remains bearish. The resistance level is at $0.2396, and the support is at $0.1977. Large deposits suggest a possible local top, so caution is advised.
MarketWhisper17h ago
PI (Pi) increased by 7.62% over the past 24 hours
Gate News Report, March 11 — According to Gate Market Data, as of press time, PI (Pi) is trading at $0.23, up 7.62% in the past 24 hours, with a high of $0.24 and a low of $0.17. The current market capitalization is approximately $2.248 billion, an increase of $159 million from yesterday.
Pi Network is a blockchain community and developer platform dedicated to enabling users to mine Pi tokens easily on their phones through innovative technology. Centered around its groundbreaking technology, the network allows mining via mobile apps without consuming大量电力, making it the first digital currency that can be mined on a mobile device. Pi Network emphasizes decentralization, mobile-first design, and environmental friendliness, aiming to involve more users in the cryptocurrency ecosystem.
##
GateNews18h ago
