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🚨 $PI Network: 18.1 million KYC approvals, but the community is still erupting in controversy
Pi Network has just announced a major milestone: over 18.1 million accounts have successfully completed KYC, and around 16.7 million users have migrated to mainnet. However, instead of triggering positive sentiment, the news has sparked strong backlash from the Pioneer community.
According to Pi, the system now uses AI combined with over 1 million validators to verify identities and prevent fake accounts. Despite this, many users report being stuck in a “temporary KYC” status for years without receiving final approval.
A widely shared comment in the community states:
“Seven years later, the most decentralized thing about Pi might be the hope of finally getting KYC approved.”
⚠️ Market sentiment and supply pressure
While controversy grows, PI’s price remains relatively weak compared to the broader altcoin market rally.
Notably, around 174 million PI tokens are expected to be unlocked within the next 30 days, adding significant short-term supply pressure.
At the same time, the community is closely watching the upcoming Protocol 23 upgrade on May 15, which could influence mid-term expectations.
🔎 The key question
Is Pi Network:
being overly cautious with KYC to protect system integrity,
or
facing structural issues in processing efficiency and transparency?
At this stage, there is no clear answer — but community trust has become the most critical variable.
Conclusion
Pi Network is currently caught between:
managing an extremely large-scale user base
and controlling KYC quality alongside token supply pressure
Meanwhile, the market is reacting with caution rather than enthusiasm.
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