According to CoinGecko data, Pi Network's token (PI) reclaimed a $2 billion market capitalization on April 29, following an 11% gain over the past week. The token touched a monthly high near $0.20 before consolidating slightly as traders took profits at the resistance level.

The network completed its Protocol 22.1 upgrade, improving infrastructure ahead of a critical phase in mainnet development. Pi Network has also surpassed 526 million completed human KYC validation tasks by over one million verified participants, positioning it as one of the largest identity-verified workforces globally.