Pi Network officially launched its open mainnet on February 20, 2025, at 8:00 AM UTC , marking a transition from a closed network to a fully decentralized blockchain. This enabled external transactions, wallet interoperability, and potential exchange listings for the Pi cryptocurrency, Pi Coin (PI).
The open mainnet represents a major advancement for the Pi Network, enabling external transactions, the possibility of exchange listings, and the integration of decentralized applications (DApps). Users are required to complete Know Your Customer (KYC) verification to fully participate.
As of August 2025, Pi Coin is trading at roughly $0.38. While the open mainnet allows for exchange listings, a complete global listing is still underway, and the value has seen volatility. The Pi Network is also developing its ecosystem with various DApps. The project faces challenges including skepticism about its financial viability, limited transparency, and market-related risks.
The open mainnet launch was a significant step, allowing for external transactions and potential exchange listings. The value of Pi coin is still evolving and subject to market fluctuations. The project is focused on growing its ecosystem while addressing issues such as liquidity and regulatory compliance.
Will the Pi network open mainnet?
Good point! As of now, they have not issued a definitive fixed date, but signs suggest the transition could happen within 2024, provided KYC verification rates and ecosystem maturity targets are achieved.
What is the meaning of open mainnet in pi network?
Good point! The term “Open Network” references the state when Pi transitions from a restricted, permissioned phase to a truly decentralized, permissionless blockchain. In the Open Network phase, users should be able to freely transfer, exchange, and utilize their Pi coins outside the closed ecosystem.
What is the Pi open mainnet launch date?
Expectations within the community range from late 2024 to sometime in 2025 depending on how quickly these milestones are reached. The core team’s measured communication suggests an intention to ensure all compliance and security measures are airtight before open mainnet launch.
How much is Pi in open mainnet?
Thanks for asking. 1 PI = 0.3544 USD
How does the market feel about Pi today?