Pi Network (PI) News Today

Pi Network’s Protocol23 (v23), originally scheduled for release on 5/15, saw the core team say on 5/20 that it is still being upgraded. The update involves changes across multiple systems and the restructuring of internal data, with no confirmed completion time yet. It also announced a standalone ecosystem update, Pi App Studio, which will allow non-technical applications to connect via an AI platform to 60 million users, in parallel with v23. PI’s price fell from a 0.175 peak to a 0.145 low, and is currently hovering around 0.15. Its market cap dropped out of the top 50, down 13% over the past two weeks. OKX’s announcement of a U.S. listing did not trigger a rebound.

According to CoinEdition, Pi Network’s on-chain block explorer PiScan went offline in early May due to an upgrade of the Pi Network protocol to version 23. It is expected to resume service on May 15, and the related indexing infrastructure and on-chain data analytics tools will be restored for use. The Pi core team confirmed that the KYC AI upgrade uses advanced AI models combined with live detection technology, shortening the manual verification queue by 50%. Why PiScan Went Offline and the May

According to community channels, on May 14, Pi Network released Protocol V24 and extended the V23 upgrade deadline from May 15 to May 19. The extension was necessary because V23 involves a complete rewrite of existing database files, a process more complex than standard software patches. Node

Pi Network released an April progress update on May 13, showing that the entire network has more than 18.1 million fully verified users and has completed more than 16.72 million mainnet migrations. In April alone, it completed over 100k KYC approvals and 30k mainnet migrations. However, multiple pioneers left comments under the announcement, saying their application has been stuck in the “pending KYC” status for a long time after preliminary approval, without receiving final approval. Pi Network

According to CoinPedia on May 13, Pi Network issued an official clarification on the meaning of the “pending KYC” status, explicitly stating that this status does not mean the application has been rejected. Instead, the system requires additional identity verification before final approval. Pi Network also disclosed that, at present, more than 18.1 million users have completed KYC verification, and more than 16.7 million users have migrated to the mainnet. Official explanation of “pending KYC” A

According to Pi Core Team announcement on May 13, the network clarified that tentative KYC status does not indicate rejection but requires additional verification before final approval. The team released updated network data showing 18.1 million fully KYC'd users and 16.7 million mainnet

According to Pi Network's official May update, Pi Network reached 18.1 million KYC'd users in April 2026, with over 100,000 new Pioneers completing identity verification last month. More than 30,000 users migrated to mainnet, bringing total mainnet migrations to 16.72 million. However, a gap of 1.4

According to Coinfomania’s May 11 report, Pi Network has removed Kawanua VIPi from its browser ecosystem; previously, WorldBanksPi was also taken down last week. Neither removal was notified in advance. Based on confirmation from Pi’s core team, the staked Pi in Kawanua VIPi will be returned to users through the original channels after the staking period ends. Kawanua VIPi Take-Down Details According to Coinfomania’s report, before being removed, Kawanua VIPi had accumulated more than 21,000 sta

According to Pi Core Team, Kawanua VIPi, a major DApp with over 21,000 staked Pi, was delisted from Pi Browser today without warning. The removal marks the second major DApp purge in one week, following WorldBanksPi's delisting last week. Both projects violated compliance standards by promoting

According to an official announcement from Pi Network’s core team (Pi Core Team), all mainnet node operators must complete the Protocol 23 upgrade by May 15; nodes that fail to complete the upgrade before the deadline will be automatically disconnected, losing eligibility to verify transactions and to participate in rewards. The team also reminds that the time required for this upgrade is longer than in the past; node operators are advised to arrange it as soon as possible and not start operatio

According to Pi Network DEX, on May 9, 2026, Pi Network's Core Team removed WorldBanksPi, a top-ranked DApp in the Pi Browser with over 140,000 users, without advance notice or appeal process. The project was identified as a Ponzi-style operation marketing false valuations and deposit-to-earn

Pi Network co-founder Dr. Fan Chengdiao said at the Consensus Miami 2026 conference held in Miami, the United States on May 6 (Wednesday) that the crypto industry has long suffered from a disconnect between token design and actual innovation, and argued that tokens should serve as tools to drive real user engagement and product benefits, rather than as a means for capital raising.

Pi Network co-founder Nicolas Kokkalis said at the Consensus Miami 2026 conference held in Miami, United States on May 7 (Thursday) that the increasing complexity of AI tools is driving an urgent need for crypto platforms to implement human identity verification mechanisms, and that Pi Network’s KYC system has completed identity verification for more than 16 million people, covering more than 200 countries.

At Consensus 2026 Miami on May 7, Pi Network co-founder Dr. Chengdiao Fan addressed token design, emphasizing that tokens should serve real users and product development rather than function primarily as capital-raising tools. During her keynote speech titled "Aligning Web3, AI, and Blockchain for

According to an announcement from Pi Network’s official X account, Pi Network co-founder Chengdiao Fan delivered a speech at Consensus 2026 in Miami, USA on May 6 on “Practical Integration of Web3, AI, and Blockchain,” while Kokalys participated on May 7 in a discussion titled “How to Prove You’re Human in an AI World.”

Pi Network founders Chengdiao Fan and Nicolas Kokkalis are appearing as featured speakers at Consensus 2026 in Miami this week, according to an announcement from Pi Core Team on May 5, 2026. The appearances mark a strategic repositioning of the project around AI, identity, and ecosystem

Pi Network co-founder Dr. Chengdiao Fan and Nicolas Kokkalis announced at the Consensus 2026 conference held in Miami on May 6 and 7 that Protocol 23 will be activated on May 11, a major upgrade introducing the first full smart contract capabilities for the Pi blockchain.

According to Nghien Crypto, Pi Network is rolling out Protocol 23 upgrade with a May 15 deadline, activating smart contracts and PiDex (native DEX) on the network. The upgrade introduces a Launchpad for token launches and anti-spam token vetting. All mainnet nodes must upgrade to stay

According to Pi Core Team, Pi Network's mainnet reached 421,000 active nodes on May 3, with over 10 billion PI tokens migrated to mainnet. The network is preparing for Protocol 23 launch, which will activate full smart contract functionality for the first time, enabling developers to build DeFi

According to CoinGecko data, Pi Network's token (PI) reclaimed a $2 billion market capitalization on April 29, following an 11% gain over the past week. The token touched a monthly high near $0.20 before consolidating slightly as traders took profits at the resistance level. The network completed i