TL; PhD
- PI Networks has introduced new solutions that can speed up the verification process.
- Pi reportedly debuted with the Solana Blockchain. However, the price of the token remains in the red area for the day, far from the peak levels observed earlier this year.
New features
The team behind the PI network announcement FAST TRACK KYC – A new feature designed by further integrating AI into the customer’s knowledge process. Pioneers and non-users are allowed to complete it to join the mainnet ecosystem “quickly than ever.”
“This update is based on increased eligibility for PI wallet activation – KYC individuals can now activate their wallets before they complete their mainnet migration, and will continue the network’s mission to improve accessibility while maintaining strong security standards,” the announcement states.
When the mainnet wallet is active, new pioneers can engage in a variety of PI network-related applications, local commerce, and ecosystem events. Nevertheless, high-speed track KYC does not enable mainnet migration, and Mined balances will not be transferred Until the user is fully qualified and completes the required checklist.
Still, the newly introduced features mark important milestones in the PI network, allowing quick wallet activation for validated users. Therefore, Banxa, the third-party provider of the project, is no longer the only solution offering onboarding options.
Fast Track KYC supports the ultimate goal of PI networks to create utility-driven digital ecosystems with verified, real-world users.
“By enabling new pioneers to participate previously, this feature expands its ability to support developers and attract a larger, verified audience, accelerating the use and testing of ecosystem apps,” the team added.
How does it work?
New users of the PI network must complete at least 30 mining sessions before being allowed to submit standard KYC applications. The team acknowledged that this created a “natural delay” between joining the network and interacting with the mainnet ecosystem.
Fast Track KYC removes that barrier and allows users with mining sessions below 30 to pass the early identity verification process and activate the mainnet wallet.
“If eligible, users will see this option directly within the PI Wallet app, start KYC and verify it will have instant access to the PI Mainnet Wallet and its utilities,” the disclosure states.
Pi and Solana?
Updates surrounding controversial crypto projects don’t end here. Today (September 19th), X User Moon Jeff I insisted The PI officially debuted on the Solana blockchain.
“With Solana’s Lightning-Fast Transactions and Scalable Ecosystem, this marks a historic milestone for the PI network,” he said.
The price of the Pi doesn’t take advantage of the good news, showing a minor 0.5% decrease on the 24-hour scale. It currently trades for around $0.35, representing a massive 90% drop from the all-time high of $3 reached at the beginning of 2025.
