Pi Network News Round-Up: Key Ecosystem Updates and More

Already a household name in the blockchain industry, Pi Network is regarded as a key player in 2025. Over the past three months, the protocol has made significant moves, propelling its ecosystem forward. Following the Open Network launch, the blockchain platform has focused on advancing Mainnet migration, enhancing community engagement, and bolstering security. 

This article provides a comprehensive overview of Pi Network’s latest developments, exploring key stories, including a major venture fund, PiFest events, new security features, and ecosystem expansions.

Brief Overview of Pi Network

Pi Network, launched on March 14, 2019, is a platform designed for accessibility, allowing users to mine Pi coins via mobile devices. With a mission to democratize digital currency, Pi Network has attracted millions of users, known as Pioneers, and entered its mainnet phase in February 2025. The project prioritizes real-world utility, fostering a Web3 ecosystem for commerce, apps, and decentralized services.

From March to June 2025, Pi Network introduced transformative updates that solidify its position in the cryptocurrency space. Below, we detail the major developments, starting with a significant investment initiative.

Pi Network Ventures: $100M Fund to Drive Adoption

On May 14, 2025, Pi Network unveiled Pi Network Ventures, a $100 million initiative to invest in startups and businesses that enhance Pi’s real-world utility. The fund, held in both Pi and USD, aims to accelerate ecosystem growth by supporting innovative projects.

Follow-up announcements on May 17 and May 22, 2025, outlined the fund’s objectives, emphasizing community-driven investment and transparency. Generally, the initiative positions Pi as a hub for blockchain innovation. 

By funding startups, the fund could attract developers and businesses, creating new use cases for Pi coins. Further, it aligns with the protocol’s goal of building a robust ecosystem. 

Mainnet Migration: Roadmap and New Features

Pi Network’s transition to its Mainnet, a fully decentralized blockchain, has been a focal point in 2025. In April, Pi Network shared a Mainnet migration roadmap, detailing priorities for first migrations, referral bonuses, and ongoing user transitions. Additional updates clarified the Pi Supply model and migration processes. 

The protocol later introduced new features that enabled millions of KYC-verified users to activate Mainnet wallets, expanding access to Pi’s decentralized utilities. 

The Mainnet migration is critical for Pi Network’s evolution into an open, interoperable blockchain. The move strengthens the Pi ecosystem, paving the way for the adoption of broader payments, apps, and services.

PiFest 2025: Record Community Engagement

Pi Network, in April, celebrated its first PiFest in the Open Network era, with over 125,000 registered sellers and 1.8 million Pioneers participating. The event, which showcased local commerce via the Map of Pi, saw 58,000 active sellers, marking a significant increase from PiFest 2024’s iteration. 

A blog post on March 11 highlighted the event’s role in driving real-world utility, demonstrating Pi’s community strength and ability to facilitate commerce. PiFest connects pioneers and sellers, reinforcing Pi’s vision of a user-driven economy, making it a key driver of adoption post-Open Network.

Pi Ad Network: Empowering Developers

Pi Ad Network represents a significant initiative in the protocol’s ecosystem. The protocol recently announced the completion of its pilot, opening applications for developers to join the platform. Selection criteria include listing in the Mainnet Ecosystem Interface and adherence to guidelines. A May 29, 2025, announcement clarified the selective nature of the app list, signaling a curated approach to ecosystem growth.

The Pi Ad Network transforms user attention into value, enabling developers to monetize apps while enhancing engagement. 

Security Enhancements: Email-Based 2FA

The mobile mining blockchain platform introduced email-based two-factor authentication (2FA) for account management, addressing challenges with SMS verification. Unveiled on March 29, the update enhances user security during the Mainnet migration.

Security remains the soul of every blockchain platform. Hence, robust security is essential for user trust in every blockchain ecosystem, including Pi Network’s. By implementing email-based 2FA, the platform mitigates risks, ensuring a safer experience for Pioneers.

Ecosystem Expansions: New Apps and Recovery Options

Last month, Pi Network shared on X the addition of five new community apps to the Mainnet Ecosystem Interface and a new account recovery option. These updates aim to improve access and participation for Pioneers. 

Following the newest additions, the FruityPi game app was highlighted for its integration with Pi Wallet and Pi Ad Network, showcasing developer success. These expansions diversify Pi’s ecosystem, offering more utilities and engagement opportunities. It also showcases the protocol’s support for community-driven apps, encouraging innovation and user retention.

.pi Domains Auction: Building Digital Infrastructure

The .pi Domains Auction, launched earlier in 2025, continued to gain traction. On March 25, 2025, Pi Network shared a policy document and FAQs for participation. Most recently, on June 15, the core team introduced a new statistics page, displaying top bids, highest prices, and trending domains, reflecting strong community interest.

The .pi domains enhance Pi’s digital infrastructure, enabling Pioneers and businesses to establish branded identities within the ecosystem while supporting long-term growth and visibility.

Still More Work to be Done 

While Pi Network’s updates are promising, challenges remain. Market volatility and the absence of key exchange listings like Binance and Coinbase could impact Pi’s price and adoption. However, the $100 million venture fund, Mainnet migration, and community-driven initiatives like PiFest position Pi for sustained growth.

Looking ahead, the success of Pi Network Ventures and the expansion of Mainnet utilities will be critical. Continued focus on security, developer support, and real-world use cases could solidify Pi’s place in the cryptocurrency landscape.

As the project continues to evolve post-Open Network, its community-driven approach and regular initiatives will keep users focused on its progress in the DeFi space.