$PI Pi Network's Testnet 1 has performed exceptionally well, with most transactions succeeding and the failure rate nearly zero, indicating that the network is ready for mainnet launch. The technical team is about to release the v23 stable version, which supports financial transactions and mining capabilities, and will also introduce a rapid identity verification system to expand the user base. In the future, they plan to become a global computing power network. The mainnet launch date has not yet been determined, but technical preparations are accelerating.