Pi Network Drops Big Update on Pioneers and Second Migration

PI-3,76%
BTC-0,81%

Pi Network’s Core Team, which has come under serious criticism as of late, has just updated on the number of users who have completed the second migration of their balances.

As with similar posts on X before, though, the community was quick to pick up on the statement and lash out at the lack of actual progress.

119K and Counting

Recall that the team made several major announcements on Pi Day (March 14), ranging from protocol updates to the highly anticipated second migrations. The process began on that day and continues with a gradual rollout. The idea is to allow Pioneers to bring additional Pi to Mainnet and “further participate in the ecosystem.”

Those who have already migrated their token balances once may now be eligible to do it again with the second batch of transferable coins. Second migrations also include referral mining bonuses attributable to Referral Team members who have completed KYC fully.

The new update from the team, published a few hours ago, indicated that almost 120,000 users have completed second migrations of their transferable balances, including their referral mining bonuses, and the gradual rollout continues.

Over 119,000 Pioneers have completed second migrations of their transferable balances so far, as the gradual rollout continues.

Explore the full update below ⬇️https://t.co/jF30vH1mLE

— Pi Network (@PiCoreTeam) March 31, 2026

Community Still Not Happy

Although over 119,000 sounds like a massive number, most of the comments below Pi Network’s post on X continued a recent trend of bashing the team for the lack of results. One user said the actual project community is made up of millions of users, and the team should not brag about approving only 119,000.

You may also like:

			*   			
				Bitcoin (BTC) Plunges Before the FOMC Meeting, Pi Network (PI) Soars by 15%: Market Watch			

Others also asked why the process is taking so much time, and questioned the status of tentative KYC, in which they are reportedly stuck for months or even years. There were even a few users claiming that they had not received any updates on the first migrations.

SPECIAL OFFER (Exclusive)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Tags:

													 Bitcoin (BTC) Price														
											

																							
												
													 Pi Network (PI)
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

Pi Network founder May 7 discussed human identity verification in the AI era at Consensus 2026

Pi Network founder Nicolas Kokkalis will attend the Consensus 2026 conference in Miami on May 7, joining an expert panel to discuss online human identity verification issues in the age of artificial intelligence (AI). According to the official event schedule, this panel discussion will bring together experts in the fields of identity, privacy, and digital trust.

MarketWhisper12h ago

Pi Network issues a node upgrade warning: if you haven’t upgraded by April 27, you risk being disconnected

Pi Network has issued an official notice to node operators, requiring them to complete the mandatory upgrade of the agreement version 22.1 (v22.1) by April 27, 2026; otherwise, they face the risk of their nodes being cut off from network connectivity. According to a Pi Network announcement, this upgrade must be carried out in strict version order. Currently, the system is running on version 21.2; the next step is to upgrade to v22.1, and no versions may be skipped.

MarketWhisper04-20 06:51

Pi Network Requires Protocol 22 Upgrade by April 27 or Nodes Will Disconnect

Pi Network mandates node operators to upgrade to Protocol 22 by April 27, 2026, to ensure network connectivity. The upgrade enhances stability and prepares for future smart contract features. Delaying could result in disconnection and missed opportunities.

GateNews04-20 05:51

Pi Network mainnet unlocks 5.3 million tokens, increasing circulation and drawing market attention

Pi Network completed a token unlock on April 18, releasing about 5.3 million Pi tokens, which boosts market liquidity, but also sparks discussion about supply-and-demand pressure. The unlocking plan is intended to control market supply and support ecosystem development. The long-term impact will depend on how quickly the token’s utility expands through real-world applications. If demand and supply can grow in step, the price impact will be limited; otherwise, it may face pressure.

MarketWhisper04-20 02:50

Pi Network Launches First Smart Contract Feature on Testnet, Enabling Subscription Payments

Pi Network has launched its first Smart Contract feature on Testnet, enabling users to set up automatic subscription payments while maintaining control of their funds. This marks a shift toward ecosystem utility and lays the groundwork for potential mainnet deployment.

GateNews04-18 05:31
Comment
0/400
No comments