Pi Network Unveils Protocol 20, Testnet Launchpad and 526 Million KYC Rewards on Pi Day 2026

On Pi Day 2026, Pi Network marked its seventh anniversary by rolling out Protocol 20 for smart contracts, activating the Pi Launchpad on Testnet and enabling second migrations to Mainnet. The project also began distributing 16.57 million PI in KYC validator rewards, boosted by an extra 10 million PI, while Mainnet payments went live in Pi App Studio and Pi traded around $0.19 after a decline of more than 7%.