Pi Network is nearing the launch of Open Mainnet after achieving a significant milestone with Testnet 1. Recent data shows that transaction failure rates are very low. This indicates that the network is stable and ready for the next stage of development.
Testnet 1 shows strong performance
According to PiNetwork DEX (@fen_leng), Testnet 1 processed a large number of transactions and achieved remarkable success. The network completed most transactions with no failures or only one failure. This shows that version v23 is working smoothly. Analysts say this low failure rate confirms that blockchain is robust. Once the mainnet is up and running, it can handle more traffic.
📢Important breaking news🧾
A huge transaction is currently running on TESTNET 1.
Most of them were successful, but there were zero or one failures.
⏳ Getting closer to Testnet 2 📲🚀 #PiNetwork pic.twitter.com/65jJUqRre5
— PiNetwork DEX⚡️Alon (@fen_leng) November 10, 2025
Successful operation of Testnet 1 will pave the way for Testnet 2. This allows developers and users to test new features under more stringent conditions. The Pi team emphasized that the lessons learned from Testnet 1 will directly impact the efficiency and reliability of future Mainnet launches.
Horizon mainnet version v23
The Pi Network team has confirmed that mainnet version v23 will be rolled out soon. Considering the excellent performance of Testnet 1, we have high confidence that the mainnet will operate efficiently. Additionally, it supports financial transactions and AI-based calculations.
One of the notable upgrades in the latest release is Pi Desktop v0.5.4. Specifically, the user interface has been enhanced to improve the accuracy of bonus calculations for node operators. In other words, this update strengthens the backbone of your network. This ensures a more seamless experience for users participating in decentralized applications and financial activities.
Fast track KYC allows early participation
New pioneers joining the Pi ecosystem can now activate their wallets early through a quick KYC process. This system allows users to quickly verify their identity and begin joining the network. This aligns with Pi’s goals of inclusivity and accessibility. Additionally, early activation allows more users to join the network as we get closer to mainnet deployment.
Pi Network explores AI and distributed computing
In addition to blockchain operations, Pi Network runs decentralized AI training through partnerships such as OpenMind. Node operators can now perform computations for third parties. This creates evidence that highlights Pi’s ability to support global and computing tasks. A detailed case study will be published soon. This highlights the results of this effort and demonstrates the real-world potential of the network beyond financial transactions.
With these technical milestones, Pi Network is in the final stages of mainnet preparation. Specifically, this progress is evidenced by a combination of stable transaction performance, network upgrades, and expanded functionality. This positions Pi as a promising blockchain ecosystem for buyers and users around the world. The mainnet launch is expected to be a significant step forward for the more than 50 million Pioneers. As a result, this brings Pi closer to operational maturity and broader adoption.
