Pi Network has taken a key technical step forward. Smart contracts are now active on Testnet2. The update opens the door for developers to start building real applications inside the Pi ecosystem. Community members and builders confirmed that contracts are live and callable. That shift moves Pi beyond theory and into execution. For many developers, this moment matters more than price talk. It means tools are finally usable. With smart contracts available, Pi can now support dApps, automated logic and on-chain interactions. That changes how the network can grow from here. Instead of waiting, builders can test, break, and improve ideas in real conditions.
17.5 Million KYC Users Set the Stage
One number keeps coming up in community discussions. Pi now has more than 17.5 million KYC-verified users. That is one of the largest verified user bases in Web3 today. This matters because developers do not just need tools. They need users. Pi Network already has them. Every app built on Pi knows there is a real audience behind it. That lowers the risk for builders testing new ideas.
KYC also brings structure. Verified users help reduce spam, fraud, and fake activity. As a result, developers can design apps with trust baked in. Payments, identity, and access control become easier to manage. Because of this, many in the community see Pi’s build phase as different from other chains. The user base came first. Now the tech is catching up.
Developers Shift Focus From Waiting to Building
For years, Pi Network faced criticism for moving slowly. Many users grew tired of delays and vague timelines. Recent Testnet2 activity has changed the tone. Conversations are shifting from “when” to “what can we build.”Developers are already sharing code snippets, contract calls, and early integrations. For instance, some point to pre-connected services and infrastructure that appear ready behind the scenes. Furthermore, others highlight how Testnet2 blocks have been processing smoothly.
At the same time, speculation is everywhere. Some community members talk about timelines and values. However, Pi Network itself has not confirmed any dates or pricing outcomes. Builders closest to the tech say the focus should stay on utility, not hype. Smart contracts give Pi something concrete. They let progress speak for itself.
What This Step Really Means for Pi Network
Activating smart contracts does not mean Pi is finished. It means Pi Network is finally buildable. That distinction is important. Testnet2 allows experimentation without pressure. Bugs can surface. Designs can evolve. If developers use this phase well, Pi could enter its next stage with working apps, active users and proven demand. If not, momentum could fade again. The outcome depends on what gets built now. For the first time in a while, Pi’s story feels grounded in development, not promises. The tools are live. The users are there. Now comes the hard part. Building something that lasts.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pi Network founder May 7 discussed human identity verification in the AI era at Consensus 2026
Pi Network founder Nicolas Kokkalis will attend the Consensus 2026 conference in Miami on May 7, joining an expert panel to discuss online human identity verification issues in the age of artificial intelligence (AI). According to the official event schedule, this panel discussion will bring together experts in the fields of identity, privacy, and digital trust.
MarketWhisper4h ago
Pi Network issues a node upgrade warning: if you haven’t upgraded by April 27, you risk being disconnected
Pi Network has issued an official notice to node operators, requiring them to complete the mandatory upgrade of the agreement version 22.1 (v22.1) by April 27, 2026; otherwise, they face the risk of their nodes being cut off from network connectivity. According to a Pi Network announcement, this upgrade must be carried out in strict version order. Currently, the system is running on version 21.2; the next step is to upgrade to v22.1, and no versions may be skipped.
MarketWhisper04-20 06:51
Pi Network Requires Protocol 22 Upgrade by April 27 or Nodes Will Disconnect
Pi Network mandates node operators to upgrade to Protocol 22 by April 27, 2026, to ensure network connectivity. The upgrade enhances stability and prepares for future smart contract features. Delaying could result in disconnection and missed opportunities.
GateNews04-20 05:51
Pi Network mainnet unlocks 5.3 million tokens, increasing circulation and drawing market attention
Pi Network completed a token unlock on April 18, releasing about 5.3 million Pi tokens, which boosts market liquidity, but also sparks discussion about supply-and-demand pressure. The unlocking plan is intended to control market supply and support ecosystem development. The long-term impact will depend on how quickly the token’s utility expands through real-world applications. If demand and supply can grow in step, the price impact will be limited; otherwise, it may face pressure.
MarketWhisper04-20 02:50
Pi Network Launches First Smart Contract Feature on Testnet, Enabling Subscription Payments
Pi Network has launched its first Smart Contract feature on Testnet, enabling users to set up automatic subscription payments while maintaining control of their funds. This marks a shift toward ecosystem utility and lays the groundwork for potential mainnet deployment.
GateNews04-18 05:31
