Pi Network Addresses China-Specific Migration Delay as PI Price Hits Historic Lows
June 13, 2025 — Pi Network, one of the world’s most closely watched cryptocurrency projects, has issued an official video statement aimed at its Chinese community, addressing the reasons behind delayed KYC (Know Your Customer) verification and Mainnet mapping in the region. The announcement comes at a time of heightened tension in the cryptocurrency market, with the price of Pi Coin ($PI) experiencing a sharp decline following both internal ecosystem challenges and external global events.
Chinese Pi Network users logging into the app this week were met with a mandatory pop-up video issued by the Pi Core Team. The video requires pioneers to view the entire message before proceeding with their regular sign-in activities. According to the Pi Core Team, the communication aims to bring clarity regarding several critical issues impacting Chinese users, while also reinforcing the project’s commitment to security and transparency.
The Core of the Message: Why Mapping Is Delayed in China
In the official statement, Pi Network’s leadership, including co-founder Nicolas Kokkalis, outlined several major factors contributing to the delay in mapping and Mainnet migration in the Chinese region. Chief among these are:
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Widespread account abuse: The video highlights that "number swiping" — a practice where large numbers of fake or bot-operated accounts are created and operated — has significantly compromised the integrity of user data in the region.
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Repeated rule violations: The Core Team noted that various forms of non-compliance and breaches of the project’s guidelines have emerged in some Chinese user communities.
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Security concerns: The video reminds all pioneers that the Pi Network has never authorized any individual, group, or organization to act on behalf of the official team. Any claims to official representation or offers related to expedited mapping or KYC clearance should be regarded as fraudulent.
This message comes at a sensitive time for Chinese pioneers, many of whom have expressed frustration online over the prolonged waiting periods for Mainnet migration. The Core Team emphasized that the mapping delays are not intended as punitive but are essential for safeguarding the integrity and long-term success of the network.
Wallet Security Remains Paramount
A significant portion of the video statement focuses on wallet security, urging pioneers to exercise extreme caution when handling their private keys, seed phrases, and account credentials. The team reiterated that all official communications will come directly through the Pi app or other verified channels. Pioneers are advised not to share sensitive information under any circumstances, particularly in response to unsolicited messages or third-party services offering KYC or migration assistance.
Pi Network’s warning echoes a growing concern in the cryptocurrency industry: social engineering attacks and phishing schemes have become increasingly sophisticated, often targeting enthusiastic but less experienced users during pivotal project milestones.
Market Repercussions: $PI Price Suffers Amid Mixed News and Global Events
The release of the video coincided with a period of heightened volatility in the cryptocurrency markets. Following the announcement of delayed KYC and mapping procedures in China, $PI experienced a significant drop in value. Analysts point to a confluence of factors behind the decline:
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Internal project challenges: The negative sentiment surrounding the delay in China’s migration has dampened enthusiasm among some traders and investors.
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Geopolitical tensions: The outbreak of military conflict between Iran and Israel has added to global market uncertainty, affecting not only $PI but the broader cryptocurrency market.
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Mainstream currency weakness: Major cryptocurrencies, including Bitcoin and Ethereum, saw steep declines over the past week, exerting downward pressure across the digital asset sector.
As a result of these combined forces, $PI recently touched historical support levels at $0.40 and $0.50, representing some of the lowest trading points in the project’s history.
Market Outlook: Is This the Bottom for $PI?
Despite recent turbulence, several analysts and community influencers have described the current price zone as an attractive entry point for long-term investors. With $PI now consolidating at historic lows, bullish voices within the community suggest that the coin could stage a meaningful recovery ahead of key project milestones, including the anticipated acceleration of mapping and KYC processes once issues in China are resolved.
Optimists point to the Pi Core Team’s proactive communication as a sign that the project remains committed to transparency and operational integrity, which could restore market confidence. Additionally, the broader market’s cyclical nature suggests that digital assets may rebound as macroeconomic and geopolitical tensions stabilize.
Many traders are watching the June 28 date, speculating that the period leading up to this could bring renewed upward momentum for $PI.
Community Reactions: Mixed Feelings Among Pioneers
Across forums, social media, and community groups, reactions to the Pi Network’s official statement have been mixed. While some Chinese pioneers have welcomed the transparency and clarity provided by the video, others have voiced disappointment over the extended timeline for migration.
“I appreciate that they’re keeping us informed,” said one pioneer from Shenzhen, who asked to remain anonymous. “But after years of waiting, the delays are disheartening.”
In contrast, Pi supporters outside of China have largely viewed the video as a necessary step in addressing longstanding security and compliance issues within the ecosystem. Many believe that resolving these challenges is critical for the integrity of the entire network.
Pi Network’s Broader Mission: A Focus on Sustainable Growth
The current episode underscores Pi Network’s ongoing balancing act: scaling an inclusive, decentralized network while maintaining rigorous standards for security, compliance, and fairness. Since its inception, Pi Network has attracted tens of millions of pioneers globally, many of whom are first-time participants in the cryptocurrency space.
By delaying mapping in areas where data integrity is in question, the Pi Core Team signals that it is prepared to make difficult decisions to preserve the network’s long-term viability. These efforts align with the project’s vision of building a sustainable, widely accessible cryptocurrency that avoids many of the pitfalls seen in earlier blockchain projects.
What Comes Next?
The coming weeks will be pivotal for Pi Network. The Core Team is expected to provide further updates on KYC progress and technical upgrades to the Mainnet infrastructure. The community will be watching closely for signs of acceleration in migration outside of China, as well as any indication of renewed movement in the stalled processes for Chinese users.
$Pi officially releases a statement video for the Chinese area
— Pi Barter Mall来购酷买 (@pibartermall) June 13, 2025
When Chinese users open the APP and click to sign in, a video will pop up. Please watch the entire video and then click OK. The video is specifically for Chinese users. It mentions several major factors for the… pic.twitter.com/R473WCbYbG
Meanwhile, traders and investors will monitor $PI’s price action for signs of a bottoming pattern and potential recovery. Should global geopolitical tensions ease and cryptocurrency markets stabilize, Pi Network could find itself well-positioned to regain lost ground and advance toward its next growth phase.
For now, pioneers are encouraged to stay vigilant, adhere to security best practices, and await official communications through verified channels.
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