$PI How wide is it horizontally, and how tall is it vertically!

On March 3rd, news emerged that the Pi Network ecosystem has recently made significant progress again. Community tracking data shows that the system migration engine appears to have recently accelerated, with approximately 50 million Pi coins being mapped to verified user accounts daily. Meanwhile, the total amount of Pi coins in the mainnet wallet has surpassed 9 billion, marking a new milestone in the network's mainnet migration phase. According to information shared by community members, the Pi block explorer has recently recorded a large number of transfer transactions, with single transactions often reaching tens of millions of Pi coins. These tokens are usually transferred from system addresses to user-associated wallets, indicating that more and more early mining rewards are gradually entering the mainnet circulation system. Some screenshots also show that most Pi coins are still locked and will be gradually unlocked in future phases. Previous statistics indicated that in February 2026 alone, about 790 million Pi coins were mapped, involving approximately 497,000 accounts. If the current migration pace remains stable, the scale of migration in March could further expand. However, it is important to note that the Pi Core Team has not publicly confirmed the daily migration numbers, so relevant data mainly comes from community observations and on-chain tracking. Meanwhile, the expansion of the mainnet scale has also become a focal point of discussion. Community observers estimate that over 9 billion Pi coins are currently stored in mainnet wallets. Pi Network previously disclosed that over 17.7 million users have completed KYC verification, with more than 16 million mainnet migrations completed in total. Additionally, the official stated that more than 300 applications are running or being developed on the mainnet, which are considered key foundations for building a "practical blockchain economy" within the Pi ecosystem. Another noteworthy development is the KYC verifier reward mechanism. Community updates show that this reward system has entered the final testing phase and is expected to go live by the end of March 2026. If the plan proceeds smoothly, validators who participated in user verification over the past few years may receive corresponding rewards, which could help alleviate the long-standing wait and frustration among community members. Currently, the core focus of Pi Network remains on mainnet migration, user verification, and ecosystem application expansion, rather than token price. As the supply of Pi tokens in the mainnet continues to grow, whether real application scenarios and an active economic system can be established in the future will be key factors in determining the long-term value of Pi Network.