Pi Network<\/strong> recently reached a significant milestone with the successful completion of its migration phase<\/strong>. The event was marked by an impressive surge in activity. However, this major advancement has been overshadowed by a notable decline<\/strong> in the PI price, fueling anxiety and concerns among traders.<\/p>\n\n\n\n The smooth transition<\/strong> of Pi Network through its migration has captured the attention of the crypto<\/a> community. Despite this crucial update, the PI price has fallen into the red, following the same trend as during Pi2Day<\/strong> when it failed to bounce back.<\/p>\n\n\n\n According to a Pi Network post, the migration phase began on July 1st<\/strong>. The network also announced the start of a 6-month grace period, crucial for preparing the platform for the open network. The network advised Pioneers<\/strong> to update their Pi Wallets, complete their KYC verification, and prepare for the upcoming stages.<\/p>\n\n\n\n