Pi Network (PI) important signal: The July mainnet migration cost 75 million USD, is Pi coin ready to迎接 a key breakthrough?

The migration of the Pi Network (PI) Mainnet continues to unfold, with data from July 1 to 13 revealing a milestone watershed. On July 8 alone, over 16.8 million Pi coins were migrated, valued at over 7.9 million dollars. In just over a dozen days, more than 75 million Pi coins (approximately 37 million dollars) entered the Mainnet ecosystem—strongly indicating that the pioneers of Pi coins are ready to embrace broader utility and real-world usage.

What Does the Pi Network Mainnet Migration Data Reveal?

On July 8, the migration volume of PI reached a historical high: the migration volume exceeded 16.8 million coins, valued at over 7.9 million dollars.

From July 1 to 13, the total cumulative migration exceeded 75 million Pi coins (approximately 37 million US dollars).

This surge is not coincidental. The Pi coin initiated its migration phase on July 1st, marking the start of a six-month "grace period" aimed at preparing for the open Mainnet. Verified pioneers are now encouraged to complete KYC, wallet setup, and token migration to ensure seamless participation in the future.

Why is the tide of immigration so important?

1. It signifies the readiness of the real world.

This massive wave of migration indicates that blockchain is shifting from speculative accumulation to practicality. Whether for transactions or decentralized applications (dApps), the network is preparing for real-world applications.

2. The pioneers are well prepared.

The ongoing migration reflects a strong momentum in community development. Pioneers (Pi coin supporters) are actively participating in KYC and token transfers, indicating that they are ready for the upcoming tools and services based on the Pi Network.

3. Infrastructure is being strengthened.

Such a large-scale token transfer solidifies the foundation of the PI coin. A robust on-chain ecosystem is crucial for scalable decentralization and user confidence.

What should pioneers do now?

To make the most of this migration phase, please follow the steps below:

1. Complete KYC verification

Ensure that your identity has been verified—this is a mandatory requirement for migrating tokens.

2. Update your PI wallet

Make sure you are using the latest version of the Pi mobile or browser-based wallet.

3. Follow the migration prompts

Actively claim your tokens and follow the instructions in the user interface.

4. Stay informed

Pay attention to announcements regarding staking, validator roles, and dApp programs.

The Pi community emphasizes the importance of updates and timely actions: "Update your Pi wallet, complete KYC certification, and be prepared. In this decentralized revolution, every update is crucial."

What will happen next?

1. Rights and Validator Access

Those who have migrated Pi may soon qualify for benefits or operate nodes, becoming active participants in network governance.

2. dApp Usage

Ecosystem tools are being prepared: decentralized payments, identity services, and mainstream merchant integration.

3. Transaction Access

The migrated PI can facilitate exchange listings or enable peer-to-peer transactions on the Mainnet.

4. Balance growth with market dynamics

CoinGape's research indicates that despite the surge in migration volume, the price of Pi coin still faces pressure. With the increase in token supply and the ongoing unlocking plans, market volatility remains a factor. However, the Pi team seems to focus more on long-term growth rather than short-term price fluctuations.

Conclusion

The migration milestone in July is not just a data point, but a turning point. In less than two weeks, over 75 million Pi coins have migrated to the Mainnet, laying the foundation for practical applications and decentralized innovation. Pioneers who have completed KYC and migrated can now fully leverage the upcoming wave of Web3 features on Pi coins.