As of now (June 2025), here’s a quick update on Pi Network and whether there’s any “good news” to report:

✅ 1. Mainnet Status

Pi Network is still in the enclosed mainnet phase, meaning users cannot yet trade their Pi on public exchanges.

However, the team has hinted at progress toward open mainnet, and some KYC (Know Your Customer) verifications have resumed or expanded.

The Pi Core Team has encouraged app developers and utility building within the Pi ecosystem, with a few DApps gaining traction.

💸 2. Pi Coin Value

Pi coins are still not listed on major exchanges officially, so any price claims (e.g., $10, $100) are speculative.

Some "IOU" listings (unofficial) on small exchanges like HTX or XT.com exist, but they are not backed by real Pi Network tokens.

🔐 3. KYC Progress

Many users are receiving KYC invitations or approval after long delays, which is a positive sign.

The team is gradually scaling KYC tools to handle the global user base.

🚀 4. Ecosystem Development

The Pi Browser and Pi SDK are being used by developers to build apps like games, stores, and social platforms using Pi.

The goal is to make Pi usable for real goods and services before open mainnet