Pi Network Clears 417,000 KYC Flags as PI Crypto Price Surges +5%
The Pi crypto Network says it has resolved two long-standing bottlenecks affecting more than 914,000 Pioneers stuck in its KYC (know-your-customer identity verification) and Mainnet migration pipeline, according to an official blog post the Pi Core Team published last Friday (September 18).
Of that total, more than 417,000 accounts previously flagged for possible duplication can now move forward in the KYC process after further evaluation confirmed they were not duplicates, while a separate group of 497,000 Fast-Track wallet users is scheduled to be unblocked by an update the team says will deploy within the next week.
Pi KYC and Mainnet migration received several technical updates that address corner cases and help unblock more Pioneers in these processes!
Neither fix amounts to automatic final approval. Pi Network is explicit that the duplicate-account resolution does not replace other applicable KYC requirements, meaning those 417,000 users must still clear whatever checks remain before their status is fully verified.
This positive news dropped as PI crypto began the week with a +4.8% move over the past 24-hours. However, the token is still down 9% over the past seven days, so the bullish daily move is only the first step in reversing the token’s fortunes. Even more worrying, PI is down -75% year-to-date.
The first fix targets Pioneers whose accounts were caught in a duplicate-account review, one of several corner cases built into Pi’s verification system to separate genuine users from bots and bad actors.
After further evaluation, Pi Network determined the flagged accounts were not duplicates, clearing the way for those users to continue through KYC.
The second fix addresses a more technical snag. Some Pioneers received their Mainnet wallet through Pi’s Fast-Track process, which later doubled as the destination wallet for their Mainnet migration balance.
Because those wallets were not created through the standard KYC-and-migration route, many lacked enough PI token in balance to cover the gas fee required to claim the migrated funds.
The upcoming update is designed to close that gap between the two KYC routes and prevent the same issue from recurring in future cases.
Alongside the two headline fixes, Pi Network rolled out several smaller technical changes. The KYC app now manages system resources more efficiently during machine-learning-based video processing, which the team says should reduce errors that previously caused applications to stall.
Pioneers who got stuck under the earlier Yoti verification process due to missing liveness-check data can now resubmit their applications, and liveness-check logic has been adjusted to work on older or lower-spec devices that previously failed the check.
Pi is also running a one-month gradual trial of palm-print capture for some users required to complete multiple liveness checks, framed as an added layer of human-authenticity verification that does not require showing a face.
Separately, Indonesian users rejected for submitting a KIA identity document, which Pi no longer accepts for KYC, can resubmit using another supported ID.
Pi Network (@PiCoreTeam) is moving to Protocol V27 on its Testnet 2 environment as it works toward a mainnet launch.
The new protocol has stabilized at 250 transactions per block with no recorded failures, showing it… pic.twitter.com/zrZylCQNGj
Pi Network’s KYC and Mainnet migration system runs multiple layered checks meant to let genuine Pioneers through while filtering out bots, duplicate accounts, and policy violators.
When a specific corner case blocks a group of users, Pi says it requires custom technical solutions that get developed, tested, and released before that batch can move forward, which is why unblocking tends to happen in waves rather than continuously.
For readers tracking the network’s broader roadmap, recent coverage of Pi Network’s v27 protocol upgrade and Mainnet developments offers additional context on where migration fits into the network’s wider technical push.
Follow 99Bitcoins on X For the Latest Market Updates and Subscribe on YouTube For Daily Expert Market Analysis.
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Asanat Analysis — Why it matters
Pi Network's resolution of 417,000 KYC flags represents a significant operational milestone for a project that has remained in extended beta since 2019. The clearing of identity verification bottlenecks directly enables Mainnet migration—the final conversion of testnet PI tokens into mainnet equivalents—which has been a perennial source of community friction. This suggests the project is finally moving toward realized utility beyond its mobile-first consensus mechanism.
The 5% price movement accompanying this news is modest relative to the scale of the bottleneck resolution, implying market skepticism about near-term catalysts. Pi has historically struggled with credibility gaps around tokenomics transparency and actual utility adoption. Removing technical barriers to Mainnet access is necessary but not sufficient; market participants appear to be waiting for evidence of sustainable exchange liquidity and real-world utility before repricing upward. The fact that 914,000 users remain in the pipeline also signals this is a partial solution to a much larger backlog.