Pi Network’s Open Mainnet Launches Today: Is This the Next Crypto Sensation?

Pi Network officially launches its Open Mainnet today, February 20, 2025, enabling external trading on major exchanges like OKX and Bitget. Public interest has surged, with millions of users completing KYC and migrating to Mainnet. Analysts predict volatile price movements, with projections ranging from $40 to over $300 in the coming months.

CONTENTS:

• Pi Network Launches Open Mainnet: Could This Be the Next Big Crypto Sensation?
• Pi Network Mainnet Launch: Updates, Trading Details, and Where to Buy
• Pi Network’s Open Mainnet Launching on February 20, 2025

Pi Network’s Open Mainnet Launches Today: Is This the Next Crypto Sensation?

After years of anticipation, Pi Network is officially launching its Open Mainnet today, February 20, 2025, at 08:00 AM UTC. This marks a major transition from the Enclosed Mainnet phase, which began in December 2021, to open trading on major exchanges.

Exchanges Confirm Listings, Binance Holds Community Vote

Several centralized exchanges, including OKX, Bitget, Bitrue, HTX, and BitMart, have confirmed Pi Coin listings. Bitget has introduced a $60,000 Pi airdrop for eligible users, running until March 3, while BitMart is offering a $3,000 USDT Pi giveaway for 300 selected users.

Binance, however, has taken a different approach, conducting a rare community vote to decide on listing Pi Coin, with results expected on February 27. Meanwhile, HTX delisted Pi Network’s IoU (I owe You) token, causing its value to drop by over 50%.

Surging Interest and Rapid Growth

Public interest in Pi Network has skyrocketed, with Google search trends reaching an all-time high. The app has surpassed 110 million installations, averaging 110,000 new downloads daily. On February 17 alone, over 540,000 new users joined, propelling Pi Network to #4 in the Social category on the Google Play Store, behind Facebook and Instagram.

On social media, Pi Network has outpaced major blockchain networks like Ethereum and BNB Chain in terms of follower growth. Crypto analyst Kim H Wong remarked that Pi is becoming one of the most discussed blockchain projects among top cryptocurrencies.

Price Projections: What Will Pi Coin Be Worth?

The price of Pi Coin remains a subject of intense speculation. Based on pre-market IoU trading, estimates place its value between $61 and $70 at launch. Some forecasts predict it could surge to $331.40 by March 2025, while extreme projections range from $1 to $314,159 (the mathematical value of Pi).

Analysts suggest that if Pi Coin surpasses the $100 psychological resistance, it could climb to $120–$150. However, if it fails to hold this level, it may drop to the $40–$50 range before another potential rally.

Challenges and Future Prospects

Despite the excitement, Pi Network faces several challenges. Regulatory compliance remains crucial for long-term legitimacy, and securing a Binance listing could significantly boost liquidity. Additionally, the successful execution of its transition to a fully decentralized blockchain will determine its future adoption.

As Pi Network enters open trading, the crypto world watches closely. Whether it becomes a transformative force in the industry or struggles with regulatory and technical challenges remains to be seen.

Pi Network Mainnet Launch: Updates, Trading Details, and Where to Buy

The long-awaited launch of Pi Network’s Open Mainnet is finally here! On February 20, 2025, at 8:00 AM UTC, Pi Network will transition from its enclosed ecosystem to full external trading, allowing users to trade Pi Coin on major exchanges like OKX and Bitget. Users who have completed KYC verification can migrate their coins and fully participate in the broader crypto economy.

Key Details About the Pi Network Mainnet Launch

• Mainnet Launch Date: February 20, 2025, at 8:00 AM UTC
• Trading Begins: February 20, 2025, on OKX, Bitget, and other exchanges
• Withdrawals Open: February 21, 2025, at 8:00 AM UTC
• Trading Pairs: PI/USDT
• Deposits: Open since February 12, 2025
• Where to Buy Pi Coin: Available on OKX, Bitget, and other major crypto exchanges
• Official Website: Pi Network

With this transition, Pi Network moves into a fully functional blockchain ecosystem, increasing its real-world applications and tradability.

What Is Pi Network?

Pi Network is a decentralized cryptocurrency project designed to make mining accessible to everyone. Unlike Bitcoin, which requires high-powered hardware, Pi can be mined using a smartphone with minimal energy consumption.

Key Features:

• Mobile-Friendly Mining – Mine Pi by simply tapping the app daily.
• Energy Efficient – Uses a low-power consensus mechanism.
• Decentralized Ecosystem – Built for community-driven growth.
• Mass Adoption – Over 47 million active users worldwide.

What Changes with the Open Mainnet?

The move to Open Mainnet enables Pi to be traded freely on exchanges and used outside the Pi Network ecosystem.

Benefits for Users:

• External Wallet Transfers – Send and receive Pi beyond the app.
• Exchange Trading – Pi will be listed on OKX, Bitget, and more.
• Increased Utility – Businesses and merchants can start accepting Pi.
• KYC & Coin Migration – Users must complete KYC to migrate their Pi.
• New Partnerships – More integrations with businesses and developers.

How to Buy Pi Coin: Step-by-Step Guide

1. Select a Supported Exchange
   • Pi Coin will be available on platforms like OKX and Bitget.
2. Create an Account & Complete KYC
   • Most exchanges require identity verification, which includes:
     • Uploading a government-issued ID.
     • Email & phone number verification.
     • Facial recognition scan (if required).
3. Deposit Funds
   • Since Pi Coin will trade against USDT (Tether), you’ll need to deposit USDT into your exchange account.
   • USDT can be purchased via credit card, bank transfer, or other crypto deposits.
4. Buy Pi Coin
   • After trading opens on February 20, 2025, follow these steps:
     • Find the PI/USDT trading pair.
     • Choose Market Order (instant buy) or Limit Order (set a price).
     • Enter the amount of Pi to purchase and confirm.
5. Secure Your Pi Coins
   • Store Pi in a secure crypto wallet for long-term holding.

Future Potential & Use Cases of Pi Coin

1. Payment Solution – Pi could be used for online shopping, peer-to-peer transactions, and merchant payments.
2. Decentralized Applications (DApps) – Developers can build apps on the Pi Network blockchain.
3. Staking & Earning Rewards – Future updates may introduce staking options for passive income.
4. Business Adoption – More companies may accept Pi as a payment method over time.

Pi Network’s Open Mainnet Launching on February 20, 2025

Official Announcement

The highly anticipated transition of Pi Network to its Open Network phase will take place at 8:00 AM UTC on February 20, 2025. This marks a significant milestone after six years of development and community-driven progress. With this launch, Pi Network moves closer to realizing its vision of a widely accessible, peer-to-peer cryptocurrency ecosystem powered by Pi, its native digital asset.

Major Achievements Leading to Open Network

The Pi community has made remarkable progress, surpassing 10.14 million Mainnet migrations, exceeding the initial 10 million target. Additionally, over 19 million identity-verified Pioneers have completed KYC, ensuring a secure and verified network.

On launch day, expect more details about Open Network operations. Until then, let’s review Pi’s journey, what changes with the Open Network, and how users can prepare.

Pi Network’s Journey to Open Mainnet

The project has undergone structured development phases:

• Phase 3 (Mainnet Enclosed Network) – Began in December 2021, enabling Pi’s blockchain to go live while restricting external transactions. This phase focused on:
  • Enabling users to complete KYC and migrate to Mainnet.
  • Encouraging developers to build real-world applications.
  • Refining network security and features.
• Mining Model Update (March 2022) – Introduced an updated issuance formula based on a declining exponential model to balance network growth, accessibility, and long-term sustainability.
• Grace Period (July 1, 2024) – Accelerated KYC adoption by allowing only verified Pioneers to migrate their Pi to Mainnet, preventing unverified Pi from being transferred beyond six months.

During the Enclosed Network phase, transactions within the Pi ecosystem thrived. Events like PiFest 2024 demonstrated Pi’s real-world usability, with over 27,000 merchants and 950,000 participants exchanging Pi for goods and services worldwide.

What to Expect from the Open Network Launch

The Open Network phase introduces external connectivity, allowing Pi to integrate with broader blockchain networks and financial systems.

Key Changes & Features:

1. External Transactions – Pi will now be tradable outside its ecosystem.
2. Mainnet Node Expansion – More Pioneers can operate nodes, starting with trusted contributors before full public access.
3. KYC & KYB Compliance – Users must complete KYC, while businesses must pass Know Your Business (KYB) verification.
4. Marketplace Expansion – More businesses will start accepting Pi for transactions.
5. Public Node Ranking – Node reliability scores will be publicly available for transparency.

Why February 20, 2025? – Meeting Open Network Conditions

Pi Network set key conditions before launching the Open Network. As of February 2025, all requirements have been met:

✔ Technical Readiness – All blockchain, product, legal, and business developments are complete.
✔ KYC Milestone Reached – 19 million Pioneers have verified their identity, exceeding the 15 million target.
✔ Mainnet Migration Success – 10.14 million users migrated to Mainnet, surpassing the 10 million goal.
✔ Ecosystem Growth – Over 100 Mainnet-ready apps are available, providing essential use cases.
✔ Favorable Market Conditions – No external risks are delaying the launch.

Next Steps for Pioneers & Developers

With Open Network launching, the community’s role is more important than ever.

For Pioneers:

✅ Continue Mining – Pi mining will follow the adjusted reward structure.
✅ Use Pi Apps – Engage with decentralized apps (DApps) to support the ecosystem.
✅ Participate in Transactions – Buy and sell goods using Pi to promote real-world adoption.
✅ Complete KYC & Migrate – Unverified users should finalize their KYC to migrate Pi to Mainnet.

For Developers:

🔹 Enhance Existing Apps – Improve user experience and fix post-Mainnet issues.
🔹 Build New Applications – Develop DApps that add utility to the Pi Network ecosystem.

Final Thoughts

The Open Network transition is a monumental step forward for Pi Network, making it a truly decentralized, community-driven cryptocurrency. With external connectivity, increased usability, and expanded marketplace potential, Pi pioneers are set to explore new financial opportunities.