Overview
- Technical reports say Testnet 1 processed millions of transactions with almost no failures, indicating strong stability under load.
- The team says the stable Mainnet v23 will follow, with no launch date announced as plans point to a second testnet for further stress‑testing.
- Pi Network reports a proof‑of‑concept with OpenMind in which more than 350,000 active nodes handled AI workloads, with a detailed case study promised soon.
- Fast‑track KYC has been introduced to accelerate identity verification and enable earlier wallet activation for new users.
- PI rose about 3.5% over 24 hours and trading volume climbed roughly 20% following the testnet update, according to market reports.