Pi Network’s Migration 2.0 May Release Staked Rewards and KYC Tokens in 2025

The Pi community is buzzing with anticipation for a potential second migration in 2025, hinted at by a moderator. This upgrade aims to unlock referral bonuses and KYC-approved balances currently held in limbo. While pioneers are enthusiastic, analysts warn of possible market saturation.

In Pi's ecosystem, migration involves shifting balances from testnet to mainnet, making tokens fully functional. The initial migration demonstrated scalability but left many rewards unclaimed. The upcoming Migration 2.0 is expected to release these tokens, potentially increasing active wallets and enhancing liquidity.

Market risks persist. With Pi's price stable between $0.30 and $0.40, a sudden token influx could spur sell-offs. The Pi Core Team seems to be proceeding cautiously, likely staggering migrations to minimize price volatility.