The Pi Network officially launched its Open Mainnet on February 20, 2025, at 8:00 AM UTC . This marked a crucial transition from its earlier “Enclosed Mainnet” phase, which began in December 2021. The Enclosed Mainnet was live but operated with a firewall, preventing external connectivity and restricting Pi coin transactions to within the Pi ecosystem.
The open mainnet launch signifies Pi Network’s progression towards a decentralized blockchain, enabling external transactions, wallet interoperability, and potential exchange listings. This transition enhances the utility of Pi coin by allowing the blockchain to connect with external systems and integrate with other platforms, supporting the deployment of decentralized applications (DApps). To fully participate, users are required to complete Know Your Customer (KYC) verification. The open mainnet also opens the door for Pi coins to be listed on major cryptocurrency exchanges, potentially increasing liquidity and trading opportunities.
Following the launch, Pi coin experienced typical price volatility, with fluctuations observed on the launch day. While there has been speculation regarding its market value based on IOU prices, these are speculative and may not reflect the actual value upon official trading. Pi Network intends to continue developing its ecosystem, including programs for merchant adoption and integration with existing business systems.
The success of Pi Network in the long term depends on its ability to establish real-world utility and maintain transparency and decentralization. Users should stay informed and exercise caution, as with any cryptocurrency project.
When would PI mainnet be launched?
Looking Ahead to the Open Mainnet Launch
The move to an open mainnet, expected sometime in the second half of 2025, marks a major step forward for the Pi Network. Once live, it will open the door for Pi to be traded on public exchanges and used in real-world applications across various platforms and services.
Is PI available on mainnet?
From my experience, The open mainnet enables Pi coins to be listed on major cryptocurrency exchanges, increasing liquidity and trading opportunities. Developers can now deploy decentralized applications (DApps) on the Pi blockchain, expanding the ecosystem and offering diverse use cases for Pi coins.
Did PI Coin hit Mainnet?
From my experience, It effectively ended the “Enclosed Mainnet” phase which flagged off in December 2021. This shift marked a crucial turning point for millions of users worldwide, hailed as “Pioneers,” as it will allow the Pi coin to be traded on major exchanges.
Will PI ever migrate to mainnet?
As Pi Network prepares for its next mainnet migration wave on June 28, 2025, users are reporting a cascade of issues that threaten to derail the long-anticipated upgrade.