Pi Network has taken another step toward broader user inclusion by launching a new wallet activation feature for its Mainnet.
The update now allows verified users to activate their wallets and begin interacting with the blockchain—even if they haven’t fully completed the migration process yet.
According to the development team, this functionality is available to those who have passed full identity checks (KYC) or have temporary verification. The move is designed to help more participants join the ecosystem sooner, despite delays that can occur during the Mainnet transition due to the platform’s security and identity verification requirements.
Developers emphasized that wallet activation opens the door for millions of users to engage with Pi’s blockchain services, while streamlining the entry point into the network. Previously, full migration was necessary before users could access any Mainnet features, but that restriction is now partially lifted.
In addition to improving accessibility for existing users, Pi has introduced a new onboarding method for people who are not yet part of the network. In select regions, third-party services will now enable newcomers to create a Pi Mainnet wallet, provided they complete identity verification. However, the team clarified that this wallet setup does not grant access to Pi tokens or speed up the migration process—it’s simply a way to let new users establish a presence on the network.
While Pi’s user base continues to grow and development progresses, questions still circulate regarding its long-term viability. Some critics have raised concerns about the project’s structure, suggesting it resembles a pyramid scheme. Despite this, Pi Network maintains a strong following, and the latest feature aims to push the platform closer to full utility.
Ethereum investment products are seeing a renewed wave of demand, with U.S.-listed spot ETFs pulling in over $100 million in a single day.
After peaking near $1.67 in mid-May, Pi Network’s price has been stuck in a sharp downward spiral, recently touching a critical support zone around $0.50.
Global crypto funds just logged a tenth straight week of fresh capital, pulling in another $1.24 billion even as prices slid and geopolitics turned tense.
Middle-East tensions pushed Bitcoin under $100k and drove Ethereum to its lowest levels since May, but the next potential volatility spark is already on the calendar: a cluster of token releases worth nearly $140 million will hit the market between 24–28 June.