Pi Network has recently announced significant updates for KYC and Mainnet transition for the Grace period. In particular, this update comes in the middle of the rising buzzing among market participants. In addition, the latest developments in token has also fueled speculation on the potential of the Pi Coin price to the next 5 dollar.

Pi Network extended the deadline for KYC and Mainnet Transition

With an important update, the Pi Coin team announced that the Grace period period, which gives users to complete the diagnosis (KYC) verification of the customer and transport their balances to Mainnet, has been extended. A recent blog post showed that the deadline was shot on March 14, 2025 and TSI at 11:00, coinciding with the sixth anniversary of Pi Coin. According to Pi Network, this extension is the last opportunity for users who have not yet validated their accounts. The decision aims to ensure inclusion by allowing the first Pioneer to return to the first Pioneer after the Open Network launch.

In the meantime, the team, KYC process that can not complete the process of losing most of the mobile balances of pioneers stating the importance of this deadline stressed. They have announced that previous extensions have provided enough time for verification, and that it was the last chance for unidentified users to secure their assets.

Why did Pi network extend the period without payment?

Pi Network’s final decision is compatible with its commitment to inclusion and justice. The team summarized various reasons for this extension by emphasizing the main objectives of the network:

• Re -connection with the first pioneers: Many users who contributed to Pi’s first success have recently returned. This extension gives them the chance to complete the KYC and the transition.
• Ensuring maximum participation: The power of the network depends on verified users. Allowing more Pioneer to complete the process encourages a healthier ecosystem.
• Corner Conditions: Some users have faced unique difficulties while completing the transition. The extension serves as a remedy for those who still need time.
• Strengthening the network: Pi aims to maintain a decentralized, verified ecosystem. The deadline allows the network to pass into the next stage without any problems.

While Pi Network continued to be a priority of inclusiveness, it clearly stated that it pointed to the last extension. Users should take action immediately because they may be at risk of losing their balance.

What happens if the pioneers miss the last date?

Pi Network’s last statement reinforces the loss of KYC and Mainnet until March 14, 2025. Unfriended users will lose most of the mobile balances except Pi, which has been released in the last six months before the transition. To avoid this, users need to do the following:

• Send KYC applications via Pi Network application.
• Complete the Mainnet checklist under the ‘Mainnet’ section of the application.
• Reminding the routing team and security circle members to complete the transition.

What’s next for the Pi Coin price?

Pi’s market speculation for the price continues to intensify as it approaches the full network. Some analysts believe that increasing adoption with a completely verified network will increase the price of PI in the coming days. However, the crypto has recently witnessed the variable trade. The Pi Coin value fell approximately 4 %today. However, unlike other crypto currencies witnessing large sales during the last collapse, the PI increased by 48.34 %in the last seven days.

In addition, with the momentum of speculation of Pi’s listing in Binance, market observers await strong gains for future crypto. In particular, a recent Pi Coin price analysis shows that the crypton can reach $ 5 if the rise momentum between the traders continues.