#PI# [Breaking News] Pi Network experiences three major changes: Decentralization implementation and ecological surge spark controversy

On May 21, 2025, at 18:00, Pi Network founder Nicolas announced three major changes through a community live stream, triggering a violent upheaval in the cryptocurrency market:
■Mainnet fully Decentralization
Starting today, Pi Network officially switches to a Decentralization governance model, with 180,000 nodes globally completing standardized deployment, and transaction confirmation speed increased to 5000+ TPS. The previously controversial "super node centralized control" issue is now resolved, and on-chain data will achieve transparent verification by all nodes.
■ The mapping channel for the China region is permanently closed.
In response to regulatory pressure, the project team announced the termination of the mainnet asset mapping service for users in China, and about 6 billion Pi held by 4.5 million Chinese users who have not completed KYC will be permanently locked. The move led to an 8.3% drop in circulation and a 27% increase in over-the-counter prices to $0.85, but the community questioned the move as a violation of the original intention of "financial inclusion".
■Explosive expansion of ecological applications
The mainnet has synchronized with 12,000 new applications, covering fields such as cross-border payments and supply chain finance, of which 314 applications have been certified under the EU MiCA regulations. Notably, the official "Pi Commerce" barter platform supports fiat currency exchange in 50 countries, and Ukraine has used PI as the only digital currency for arms trading.
Market analysts point out that Pi Network has simultaneously achieved a technical breakthrough, deflationary stimulus, and liquidity release within 24 hours. This "trinity" operation is a first in the history of cryptocurrencies. However, its claimed target price of $314159, based on the value of pi, is still regarded by the industry as numerical superstition, with the current market value deviating from the actual ecological value by as much as 380 times, and investors need to be cautious of the risk of severe volatility.