Pi Network is making history today as it officially transitions to the Open Mainnet, ending the Enclosed Mainnet phase that began in December 2021. On 20 February 2025, at 08:00 AM UTC, Pi Coin will become available for external trading, allowing millions of users to engage with global cryptocurrency exchanges. This momentous event marks a crucial turning point for the project, which has grown into one of the most widely discussed blockchain initiatives in recent years.
Pi Coin Now Tradable on Major Exchanges
With the Open Mainnet going live, several major cryptocurrency exchanges have stepped forward to support Pi Coin listings. OKX, Bitget, Bitrue, HTX, and BitMart have confirmed that Pi Coin will be available for trading at launch.
To encourage participation, Bitget has announced a $60,000 Pi airdrop pool running until 3 March, rewarding users based on their engagement and exchange activities. Meanwhile, BitMart is hosting a $3,000 USDT Pi giveaway, with 300 lucky users set to receive rewards.
Binance, one of the world’s largest crypto exchanges, has taken a different approach. Instead of immediately listing Pi Coin, Binance is holding a rare community vote to decide its inclusion. The results of this vote will be revealed on 27 February, adding an extra layer of anticipation to Pi Coin’s market debut.
However, not all exchanges have embraced Pi Network. HTX recently delisted Pi Network’s IoU (I owe You) token, which was being used for speculative trading before the official launch. This decision contributed to a price drop of over 50% for the IoU token.
Explosive Growth: Pi Network Breaks Records
Interest in Pi Network has surged ahead of the mainnet launch, setting new records across multiple platforms. According to Google Trends data, searches for “Pi Network” have reached their peak value of 100, a massive increase from 26 in March 2024.
The project has also witnessed an extraordinary rise in user engagement. Pi Network has now surpassed 110 million app downloads, averaging 110,000 new installs per day. A record-breaking 540,000 users joined the network in a single day on 17 February. The app is currently ranked #4 in the Social category on the Google Play Store, trailing only behind tech giants like Facebook and Instagram.
On social media, Pi Network’s growth has outpaced leading blockchain projects, including Ethereum and BNB Chain. Prominent crypto analyst Kim H Wong commented, “Pi Network is quickly becoming one of the most discussed blockchain projects, rivaling the top cryptocurrencies in user engagement.”
Pi Coin Price Predictions: What to Expect?
As Pi Coin enters the open market, speculation about its potential value is running high. The price of Pi’s IoU token has ranged between $61–$70, but projections vary widely. Some estimates suggest that Pi Coin could reach $331.40 by March 2025, while others propose extreme valuations ranging from $1 to $314,159—the mathematical constant Pi.
Market demand and trading volume will be key in determining Pi Coin’s real-world price. Analysts suggest that if Pi Coin surpasses the psychological resistance of $100, it could rise further to $120–$150. However, if initial trading sees strong sell pressure, the price could drop to the $40–$50 range before stabilizing and making another push upwards.
Challenges and Future Outlook
While Pi Network’s transition to Open Mainnet is a major milestone, the project still faces several hurdles. Regulatory compliance will be crucial to gaining legitimacy in the broader crypto market. A Binance listing would provide a significant boost in liquidity and credibility, but the outcome of the exchange’s community vote remains uncertain.
Furthermore, successfully transitioning to a decentralized blockchain is no small feat. The Pi Core Team must ensure seamless integration, security, and user accessibility to sustain its momentum. Any technical issues or regulatory setbacks could slow its growth.
Additionally, questions remain about the utility and real-world adoption of Pi Coin. To remain competitive, Pi Network must continue expanding its ecosystem, forging partnerships, and integrating real-world use cases. If Pi Coin gains traction in sectors like decentralized finance (DeFi) or non-fungible tokens (NFTs), its value proposition could increase significantly.
Final Thoughts: The Future of Pi Network
As the countdown to the Open Mainnet ends, Pi Network stands at a crossroads. Its community-driven approach has built an engaged user base, but now the real test begins. If the project successfully navigates market challenges, regulatory requirements, and technical transitions, it could become a transformative force in the crypto industry.
Pi Network’s launch has already generated immense excitement, and its market debut will shape the future of this ambitious blockchain project. Whether Pi Coin soars in value or faces initial hurdles, one thing is certain—the crypto world is watching closely.
Stay tuned for more updates on Pi Network and its journey in the global cryptocurrency landscape.
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