In the world of PiNetwork, new developments are underway. Efforts focused on PiNetwork’s goal of expanding its ecosystem and exploring collaboration with multiple blockchains are attracting attention. This article explains the latest trends in PiNetwork and related technological advancements.

Latest Trends in PiNetwork – Transition to Open Network

PiNetwork, which is attracting attention as a cryptocurrency project, is taking an important step towards expanding its ecosystem. One of these is the transition of the Layer 1 blockchain from an “Enclosed Network” to an “Open Network” phase with external connectivity on February 20, 2025 ([Open Network Launch Date | Pi Network](https://minepi.com/blog/open-network-launch-date/)).

This transition provides a foundation for PiNetwork to connect with a wider range of users and businesses and promote the growth of dApps (decentralized applications).

Plans for Collaboration with Multiple Blockchains

PiNetwork is reportedly planning to collaborate with blockchains such as BNB Chain, PiNetwork, Ethereum, Base, and Solana in the future. This collaboration is expected to allow users to exchange Pi coins with cryptocurrencies on other blockchains or bridge between different networks.

PVM – Community-Driven Layer 2 Solution

As part of the PiNetwork ecosystem expansion, a Layer 2 scaling solution called “PVM (Pi Virtual Machine)” is reportedly under development as a community project ([PVM (L2 for Pi Network)](https://github.com/LayerPi)). PVM aims for EVM (Ethereum Virtual Machine) compatibility, enabling seamless deployment of smart contracts and a new era of Proof-of-Work (PoW) mining.

Key features of PVM include:

• EVM Compatibility: Supports Ethereum smart contracts, enabling the deployment of dApps on the Pi blockchain.
• Layer 2 Scaling: Achieves fast transaction processing and reduced fees.
• Proof of Work (PoW) Mining: Introduces a new mechanism that allows mining Pi tokens through computational work, reducing the initial investment cost for miners.

However, it is important to note that PVM is not an official PiNetwork project but a community-driven initiative.

PiNetwork’s Vision – Building a Complete On-Chain Ecosystem

PiNetwork is reportedly aiming to build a complete on-chain ecosystem based on VM (Virtual Machine). The KYB (Know Your Business) application process is reported to include questions confirming whether Layer 2 tokens or NFTs exist on other blockchains.

This direction suggests the possibility that PiNetwork is aiming for a mature blockchain ecosystem similar to Ethereum, and growth in the dApps development community is also expected.

Important Reminder for PiNetwork Users

While paying attention to these new developments, it is important for PiNetwork users (called Pioneers) not to forget their daily mining activities. Open the PiNetwork app and click the “lightning” button to start your daily mining session.

PiNetwork is currently reported to be building an ecosystem with a large number of KYC (Know Your Customer) verified users and mainnet participants, a decentralized node network spread across the world, mainnet-enabled applications, and a network of KYB-verified businesses.

Summary – PiNetwork’s Future Potential

PiNetwork is seeking to strengthen its position in the blockchain industry through the transition to an open network and community-driven technological development. The plans for collaboration with multiple blockchains suggest ecosystem expansion.

However, information regarding the unique DEX “PJSwap” and PJS tokens mentioned in the article is deemed unreliable. Members of the PiNetwork community are advised to regularly check for the latest information from official channels.

*Note: The information in this article is as of March 2025, and the development status of PiNetwork may change. Always check official information before making investment decisions.