Pi Network Drops Massive Update – Every Pioneer Must See This

TL;DR

• Pi Network launched a brand new resolution that would velocity up the verification course of.
• PI reportedly made its debut on the Solana blockchain. However, the token’s value stays in purple territory for the day and much away from its peak ranges noticed earlier this yr.

The New Feature

The staff behind Pi Network unveiled Fast Track KYC – a brand new characteristic designed through additional integration of AI within the Know-Your-Customer course of. Pioneers and non-users are allowed to finish it to take part within the Mainnet ecosystem “sooner than ever earlier than.” 

“This replace builds on Pi’s growth of pockets activation eligibility – the place KYC’d people can now activate wallets even earlier than finishing Mainnet migration – and continues the community’s mission to extend accessibility whereas sustaining robust safety requirements,” the announcement reads.

With a Mainnet pockets activated, new Pioneers can have interaction with varied Pi Network-related functions, native commerce, and ecosystem occasions. Nonetheless, Fast Track KYC doesn’t allow Mainnet migration, and mined balances won’t be transferred till the consumer is totally eligible and completes the obligatory guidelines. 

Still, the newly launched characteristic marks a big milestone for Pi Network because it permits fast pockets activation to verified customers. Thus, the challenge’s third-party supplier, Banxa, is now not the one resolution that gives onboarding choices. 

Fast Track KYC helps Pi Network’s final objective of making a utility-driven digital ecosystem powered by verified actual customers. 

“By enabling new Pioneers to take part earlier, this characteristic expands the power to interact a bigger verified viewers, which helps builders and accelerates the use and testing of ecosystem apps,” the staff added.

How Does it Work?

New customers of Pi Network are required to finish not less than 30 mining periods earlier than being allowed to submit a normal KYC utility. The staff admitted that this created a “pure delay” between becoming a member of the community and interacting with the Mainnet ecosystem.

Fast Track KYC removes that barrier and permits customers with fewer than 30 mining periods to move an early id verification course of and activate their Mainnet pockets.

“If eligible, customers will see this feature straight throughout the Pi Wallet app, permitting them to start KYC and, as soon as verified, acquire quick entry to the Pi Mainnet pockets and its utilities,” the disclosure says. 

PI and Solana?

The updates surrounding the controversial crypto challenge don’t finish right here. Earlier as we speak (September 19), the X consumer MOON JEFF claimed that PI has formally made its debut on the Solana blockchain. 

“With Solana’s lightning-fast transactions and scalable ecosystem, this marks a historic milestone for Pi Network,” he mentioned.

PI’s value didn’t capitalize on the excellent news, charting a minor decline of 0.5% on a 24-hour scale. Currently, it trades at round $0.35, representing a big 90% decline from its all-time high of $3 reached firstly of 2025.

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